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The Intra-Alliance Division of Value Created Through Collaboration
The differential benefits reaped by individual partners are a major determinant of the impact of strategic alliances on firm performance and an important (dis)incentive for alliance partners to collaborate in value creation. Theoretically, we lack an explicit theory of intra-alliance value division; empirically, previous analysis has been hampered by methodological challenges. We propose a bargaining framework for intra-alliance value appropriation, as well as a measure for capturing its variation. We test our hypotheses on a sample of 200 biotechnology R&D alliances, and are able to explain variation in value appropriation across alliance partners, partner types, and individual firms of each type.
Call Number | Location | Available |
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PSB lt.dasar - Pascasarjana | 1 |
Penerbit | USA Strategic Management Society., 2011 |
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Edisi | Vol. 32 No. 2, Feb 2011 |
Subjek | Strategic alliances Value appropriation Strategic factor markets Control rights resource-based view Intra-alliance bargaining |
ISBN/ISSN | 0143-2095 |
Klasifikasi | NONE |
Deskripsi Fisik | 228 p. |
Info Detail Spesifik | Strategic Management Journal |
Other Version/Related | Tidak tersedia versi lain |
Lampiran Berkas | Tidak Ada Data |