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Interorganizational alliances and the performance of firms: a study of growth and innovation rates in a high-technology industry

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1001 ‎$0‎MAPA20080149604‎$a‎Stuart, Toby E.
24510‎$a‎Interorganizational alliances and the performance of firms: a study of growth and innovation rates in a high-technology industry‎$c‎Toby E. Stuart
520  ‎$a‎This paper investigates the relationship between intercorporate technology alliances and firm performance. It argues that alliances are access relationships, and therefore that the advantages which a focal firm derives from a portfolio of strategic coalitions depend upon the resource profiles of its alliance partners. In particular, large firms and those that possess leading-edge technological resources are posited to be the most valuable associates. The paper also argues that alliances are both pathways for the exchange of resources and signals that convey social status and recognition. Particularly when one of the firms in an alliance is a young or small organization or, more generally, an organization of equivocal quality, alliances can act as endorsements: they build public confidence in the value of an organization's products and services and thereby facilitate the firm's efforts to attract customers and other corporate partners. The findings from models of sales growth and innovation rates in a large sample of semiconductor producers confirm that organizations with large and innovate alliance partners perform better than otherwise comparable firms that lack such partners. Consistent with the status-transfer arguments, the findings also demonstrate that young and small firms benefit more from large and innovate strategic alliance partners than do old and large organizations.
65011‎$0‎MAPA20080555061‎$a‎Management
65011‎$0‎MAPA20080606091‎$a‎Estrategia empresarial
65011‎$0‎MAPA20080546991‎$a‎Empresas
65001‎$0‎MAPA20080557591‎$a‎Competencia
65001‎$0‎MAPA20080599881‎$a‎Alianzas estratégicas
65011‎$0‎MAPA20080618179‎$a‎Rendimiento de la empresa
65011‎$0‎MAPA20080625931‎$a‎Organizaciones internacionales
65011‎$0‎MAPA20080606787‎$a‎Innovación empresarial
65011‎$0‎MAPA20080548537‎$a‎Patentes
65011‎$0‎MAPA20080604172‎$a‎Tecnología industrial
65011‎$0‎MAPA20080597726‎$a‎Modelos de auditoría
65011‎$0‎MAPA20080587260‎$a‎Ratios financieros
65011‎$0‎MAPA20080542559‎$a‎Ventas
7730 ‎$w‎MAP20077100307‎$t‎Strategic management journal‎$d‎Chichester [etc.] : Wiley‎$g‎Vol. 21, nº 8, August 2000 ; p. 791-811