Knowledge Sharing in Alliances and Alliance Portfolios

成果类型:
Article
署名作者:
Arora, Ashish; Belenzon, Sharon; Patacconi, Andrea
署名单位:
Duke University; National Bureau of Economic Research; University of East Anglia
刊物名称:
MANAGEMENT SCIENCE
ISSN/ISSBN:
0025-1909
DOI:
10.1287/mnsc.2020.3614
发表日期:
2021
关键词:
knowledge sharing LEARNING ALLIANCES ALLIANCE PORTFOLIOS COMMITMENT learning races
摘要:
We develop a model of knowledge sharing in alliances and alliance portfolios. We show that, once the issue of encouraging effective collaboration is put center stage, many standard intuitions of the learning race view and alliance portfolio literature are overturned or qualified. Partners engage in learning races in some cases, but exhibit ';altruistic'; behaviors in other cases. They may reduce their own absorptive capacity or increase the transparency of their own operations to facilitate their partner';s learning. In alliance portfolios, we show that not all substitutability between alliance portfolio partners is bad. We distinguish between substitutability in implementation and substitutability in rival benefits and show that the latter is conducive to knowledge sharing. Our work contributes toward putting the literature on learning alliances on a more solid foundation by emphasizing the importance of commitments that leading firms can make to encourage collaboration.