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Research on technological partnerships has traditionally sought explanation of their high failure rates in partner characteristics and relationship features. This paper introduces the notion of a 'Bumpy road' in technology partnerships which refers to undesired outcomes such as 'Partnership mal-functioning' and 'Instability' to the degree to which innovation activities are hampered. The authors explain how firm-level strategies can reduce the probability of a 'Bumpy road' in partnerships. They also assess the impact of this 'Bumpy road' on innovative performance.
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