RT info:eu-repo/semantics/article T1 Is the formalization of NPD collaboration productive or counterproductive? Contingent effects of trust between partners A1 Pemartín, María A1 Rodríguez Escudero, Ana Isabel K1 Empresas - Organización K1 NPD collaboration K1 Formalization K1 Trust K1 New product quality K1 New product novelty K1 Adherence to schedule K1 5311.09 Organización de la Producción AB New product development (NPD) collaborations with external partners involve high coordination costs and run substantial risks. Formalization seems to be an effective mechanism to mitigate said costs and risks, although the issue of whether formalization actually proves productive or counterproductive remains an open question. This study empirically analyses the direct impact of formalization and the interaction effect between formalization and trust between partners in order to gauge their influence on NPD collaboration performance. Findings indicate that formalization directly boosts the quality and novelty of the new product developed in collaboration, but that it does not affect adherence to schedule. In addition, trust reinforces the productive effect of formalization on new product quality and novelty, and makes the impact of formalization on adherence to schedule positive. However, without trust, we find a null impact offormalization on new product quality and a counterproductive impact on adherence to schedule. These results suggest that formalization and trust may complement each other, reinforcing each other’s positive effect on new product quality and novelty and presenting a positive synergistic effect, while helping to overcome the counterproductive effect of formalization on adherence to schedule. PB SAGE Publications SN 2340-9444 YR 2021 FD 2021 LK https://uvadoc.uva.es/handle/10324/64722 UL https://uvadoc.uva.es/handle/10324/64722 LA eng NO BRQ Business Research Quarterly, Enero 2021, vol. 24, n. 1, p. 2-18 NO Producción Científica DS UVaDOC RD 13-jul-2024