Structuring interorganizational cooperation: The role of economic integration in strategic alliances

• 成果类型: Article
• 署名作者: Luo, Yadong
• 署名单位: University of Miami
• 刊物名称: STRATEGIC MANAGEMENT JOURNAL
• ISSN/ISSBN: 0143-2095
• DOI: 10.1002/smj.677
• 发表日期: 2008
• 页码: 617-637
• 关键词: economic integration; STRATEGIC ALLIANCES; interfirm exchange

摘要

This study addresses a new dimension that describes interdependence between alliance members, namely, economic integration-the extent to which resources contributed by different alliance members and subsequent operations using these resources are effectively blended into an alliance's value chain to the point where if one member withdraws, the remaining member(s) suffer great loss. We posit that economic integration has a linear positive affect on alliance stability but a curvilinear (diminished) effect on alliance profitability. Moreover, when economic integration is stronger, other dyadic variables such as interparty trust, joint governance and procedural justice will have a greater effect on alliance performance. Analysis of 198 cross-cultural strategic alliances in an emerging market generally supports these propositions. Copyright (C) 2008 John Wiley & Sons, Ltd.