Examining Alliance Portfolios Beyond the Dyads: The Relevance of Redundancy and Nonuniformity Across and Between Partners

• 成果类型: Article
• 署名作者: Hoehn-Weiss, Manuela N.; Karim, Samina; Lee, Chi-Hyon
• 署名单位: Oregon State University; Northeastern University; George Mason University
• 刊物名称: ORGANIZATION SCIENCE
• ISSN/ISSBN: 1047-7039
• DOI: 10.1287/orsc.2017.1108
• 发表日期: 2017
• 页码: 56-73
• 关键词: Alliance; alliance portfolio; portfolio effect; Resource dependence theory; resource flows; power imbalance; Mutual dependence

摘要

In this research, we unpack how interdependencies affect not just individual dyads but also value creation across an alliance portfolio and ultimately a focal firm's performance. Moving beyond the collection of dyadic relationships of individual alliances, we examine more holistically the distribution of power imbalances and mutual dependences within alliance portfolios, as well as the impact of redundancies in portfolio partners' resources. Building on resource dependence theory, we develop and test arguments on a sample of 59 firms in the U.S. passenger airline industry during 1998-2011. We find that nonuniform distributions of power imbalances and mutual dependences within the alliance portfolio as well as redundancy affect firm performance in different ways, which has implications for the management of alliance portfolios.