WHEN THE SOCIAL STRUCTURE OVERSHADOWS COMPETITIVE INCENTIVES: THE EFFECTS OF NETWORK EMBEDDEDNESS ON JOINT VENTURE DISSOLUTION

• 成果类型: Article
• 署名作者: Polidoro, Francisco, Jr.; Ahuja, Gautam; Mitchell, Will
• 署名单位: University of Texas System; University of Texas Austin; University of Michigan System; University of Michigan; Duke University
• 刊物名称: ACADEMY OF MANAGEMENT JOURNAL
• ISSN/ISSBN: 0001-4273
• DOI: 10.5465/AMJ.2011.59215088
• 发表日期: 2011
• 页码: 203-223
• 关键词: RELATIONAL EMBEDDEDNESS; absorptive-capacity; STRATEGIC ALLIANCES; Partner selection; INTERFIRM RIVALRY; DYNAMICS; COOPERATION; performance; Similarity; COMPLEMENTARITY

摘要

The embeddedness of interfirm relationships in a social structure can engender order in new tie formation, but competitive incentives may undermine the order that firms seek to achieve and lead to tie dissolution. We examine how relational embeddedness (history of interactions), positional embeddedness (network centrality), and structural embeddedness (common partners) influence tie stability, focusing on unplanned joint venture dissolution. Prior work suggests that relational embeddedness facilitates alliance stability. This study shows that positional embeddedness does not promote stability, but structural embeddedness does help sustain alliances, particularly when partners have strong incentives to pursue self-interest at the expense of joint benefits.