Alliance Form : A Test of The Contractual and Competence Perspectives  

Oleh:

Colombo, Massimo G.

Jenis: Article from Journal - ilmiah internasional
Dalam koleksi: Strategic Management Journal vol. 24 no. 12 (2003), page 1209-1230.
Topik: alliance formation; alliances; learning; transaction cost; real option theory

Ketersediaan

Perpustakaan Pusat (Semanggi) Nomor Panggil: SS30.13 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada

Lihat Detail Induk

Isi artikel

This paper analyzes factors that influence firms; choice of the organizational form of strateic alliances. I consider arguments suggested by both the contractual and the competence perspectives. In order to distinguish empirically between them, I devote special attention to the role played by the similarity of partner firms' technological specialization, In the empirical section I consider a sample compose dof 271 equity joint ventures, non - equity bilateral and unilateral agreements, established between each other in the perood 1983 - 86 by 67 north american, european, and japanese enterprises form the world's largest firms in information technology industries. I examine the effects on the choice of alliance form of a measure of firms' technological proximity based on patents count, while controlling for other variables that are usually considered in the empirical literature. The estimates of binomial and multinational logit models support the competence - based argument that in technological alliances divergence in partner's technological specialization results in a high propensity to use equity forms. Overall, the findings sugegst that both the contractual and competence perspectives provide valuable complementary insights into the determinants of alliance form.

Opini Anda

Klik untuk menuliskan opini Anda tentang koleksi ini!

Kembali