Shukla, Dhirendra ManiQureshi, IsrarMital, Amita2024-09-172024-09-171075-4253https://hdl.handle.net/1885/733718253The role of institutional factors in shaping the outcomes of research and development (R&D) alliance portfolios (APs) is underexplored in the extant literature. This study examines how institutional contingencies in an emerging market context affect the relationship between R&D AP composition (i.e., size and diversity) and firm innovation performance. This study draws on institutional perspective to suggest that business group affiliation (BGA) and institutional reforms positively moderate the relationship between R&D AP composition and innovation performance. A longitudinal empirical investigation conducted on a sample of 185 firms from Indian high-tech sectors, for the period 2003-2015, broadly supports our arguments. This study contributes to the AP and emerging markets literature by highlighting the effects of institutional contingencies of emerging markets on the outcomes of R&D APs.We acknowledge the partial funding received for this study from the Indian Council of Social Sciences Research (ICSSR), sponsored by the Ministry of Education, India, under the initiative Impactful Policy Research in Social Science (IMPRESS) [F.No. IMPRESS/P192/ 2018-19/ICSSR].application/pdfen-AU© 2023 The authorsAlliance portfolioBusiness groupsEmerging marketsInnovationInstitutional reforms202310.1016/j.intman.2023.1010452024-03-24