Firm heterogeneity and competitive dynamics in alliance formation

• 成果类型: Article
• 署名作者: Park, SH; Zhou, DS
• 刊物名称: ACADEMY OF MANAGEMENT REVIEW
• ISSN/ISSBN: 0363-7425
• DOI: 10.2307/20159143
• 发表日期: 2005
• 页码: 531-554
• 关键词: strategic alliances; joint ventures; RISK; RESOURCES; linkages

摘要

We present a theoretical model that attempts to generalize the conditions for alliance formation. This model is based on internal and external conditions of alliance formation: resource heterogeneity and competitive dynamics. We also introduce a game-theoretic model of alliance formation according to the net gains from an alliance and the prevention of losses that could occur from competitors' alliance activities. The model provides a theoretical insight on a paradoxical setting that some firms join an alliance despite little gains while others avoid or delay it despite potentially strong gains from the alliance.