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Open AccessArticle

Antecedents of Technological Diversification: A Resource Dependence Logic

School of Economics and Management, Tsinghua University, Beijing 100084, China
J. Open Innov. Technol. Mark. Complex. 2019, 5(4), 80; https://doi.org/10.3390/joitmc5040080
Received: 29 August 2019 / Revised: 27 September 2019 / Accepted: 27 September 2019 / Published: 7 October 2019
This paper extends resource dependence logic by investigating the antecedents of technological diversification and further identifies its boundary condition. We argue that this resource dependence logic is bound by state ownership through coalitions with firms, a less discussed component of interdependence. The empirical results, based on a panel data analysis of Chinese listed firms, suggest that environmental dynamism positively relates to technological diversification, while environmental munificence negatively relates to technological diversification. These relationships changed when state ownership is considered. The theoretical implications for resource dependence theory and diversification research are discussed. View Full-Text
Keywords: technological diversification; resource dependent theory; environmental dynamism; environmental munificence; state ownership technological diversification; resource dependent theory; environmental dynamism; environmental munificence; state ownership
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Chen, X. Antecedents of Technological Diversification: A Resource Dependence Logic. J. Open Innov. Technol. Mark. Complex. 2019, 5, 80.

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