Experience Effects and Collaborative Returns in R & D Alliances  

Oleh:

Sampson, Rachelle C.

Jenis: Article from Journal - ilmiah internasional
Dalam koleksi: Strategic Management Journal vol. 26 no. 11 (Nov. 2005), page 1009-1032.
Topik: GOVERNANCE; alliances; learning; governance; R & D

Ketersediaan

Perpustakaan Pusat (Semanggi) Nomor Panggil: SS30.20 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada

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Isi artikel

Focusing on the link between prior alliance experience and firm benefits form R & D collaborations, this paper explores whether firms learn to manage their alliances. While prior experience should increase collaborative benefits firm the current alliance, I expect these returns : 1. to be most beneficial when alliance activities are more uncertain, and 2. to dimish at high levels of experience. Results form a sample of 464 R & D alliances in the telecom equiment industry generally match these expectations. The positive benefits of prior experience in complex alliances suggest that a broader set of alliance management processes allows the firm to manage situations of ambiguity more readily. The lack of cumulative benefits from prior experience appears to be partly due to knowledge depreciating over time, since only recent experience has a positive impact on colaborative returns. Overall these results provide empirical evidence of the effect of prior experience on collaborative benefits, both directly and conditionally on alliance characteristics, and have implications for learning to manage organizations more generally.

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