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Signals across Multiple Networks: How Venture Capital and Alliance Networks Affect Interorganizational Collaboration

Gulati, Ranjay - ; Umit, Ozmel - ; Reur, Jeffrey J - ;

In this article, we examine the contingent effects of signals generated by different types of networks on new ventures' formation of future strategic alliances. We argue that the signaling value of a given tie in reducing adverse selection is more pronounced when another type of tie is lacking. In particular, we suggest that signals associated with (i) a new venture's affiliations with venture capitalists (VCs) that have prominent positions in syndicate networks and (ii) a new venture's prominent position in alliance networks resulting from previous alliances offer redundant benefits. As a result, the positive effect of VC prominence in determining a new venture's future alliance formation diminishes as the new venture's prominence in alliance networks increases. Evidence from biotech alliances between new ventures and established companies provides support for our theory..Printed Journal


Ketersediaan

Call NumberLocationAvailable
AMJ5603PSB lt.dasar - Pascasarjana1
Penerbit: Academy of Management
Edisi-
SubjekEntrepreneurship
coperative startegy
alliance networks
ISBN/ISSN14273
Klasifikasi-
Deskripsi Fisik-
Info Detail Spesifik-
Other Version/RelatedTidak tersedia versi lain
Lampiran BerkasTidak Ada Data

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