Do partners in international strategic alliances share resources, costs, and risks?
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AbstractThe international business literature posits that the major motive for international strategic alliances is to share resources, costs, and risks in foreign operations. Based on the data collected in 233 alliances in low-tech industries and 192 alliances in high-tech industries, this study finds that the argument is tenable in low-tech industries but untenable in high-tech industries. In high-tech industries, international strategic alliances are mainly used to mitigate environmental dynamism. The identification of different functions of international strategic alliances in low-tech and high-tech industries has important managerial implications. (C) 2011 Elsevier Inc. All rights reserved.
All Author(s) ListLi L, Qian GM, Qian ZM
Journal nameJournal of Business Research
Volume Number66
Issue Number4
Pages489 - 498
LanguagesEnglish-United Kingdom
KeywordsInternational strategic alliances; Low-tech and high-tech industries; Resource/cost /risk sharing
Web of Science Subject CategoriesBusiness; BUSINESS; Business & Economics

Last updated on 2021-18-09 at 00:21