Don't Go it Alone : Alliance Network Composition and Startups' Performance in Canadian Biotechnology  

Oleh:

Baum, Joel A. C. ; Calabrese, Tony ; Silvermann, Brian S.

Jenis: Article from Journal - ilmiah internasional
Dalam koleksi: Strategic Management Journal vol. 21 no. 3 (2000), page 267-294.
Topik: network; strategic alliances; alliance networks; startup performance; canadian biotechnology

Ketersediaan

Perpustakaan Pusat (Semanggi) Nomor Panggil: SS30.5 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada

Lihat Detail Induk

Isi artikel

We combine theory and research on alliance networks and on new firms to investigate the impact of variation in startups' alliance network composition on their early performance. We hypothesize that startups can enhance their early performance by : 1. establishing alliances 2. configuring them into an efficient network that provides access to diverse information and capabilities with minimum costs of redundancy, conflict and complexity, and 3. judiciously allying with potential rivals that provide more opportunity for learning and less risk of intra alliance rivalry. An analysis of canadian biotech startups' performance provides broad support for our hypotheses, especially as they relate to innovative performance. Overall, our findings show how variation in the alliance networks strat ups configure at the time of their founding produces significant differences in their early performance, contributing directly to an explanation of how and why firm age and size effect firm performance. We discuss some clear, but challenging implications for managers of start ups.

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