Technology alliances in emerging economies: Persistence and interrelation in European firms' alliance formation

Belderbos, René, Gilsing, Victor and Jacob, Jojo (2011). Technology alliances in emerging economies: Persistence and interrelation in European firms' alliance formation. UNU-MERIT.

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  • Sub-type Working Paper
    Author Belderbos, René
    Gilsing, Victor
    Jacob, Jojo
    Title Technology alliances in emerging economies: Persistence and interrelation in European firms' alliance formation
    Publication Date 2011
    Place of Publication Maastricht
    Publisher UNU-MERIT
    Pages 34
    Abstract We analyze patterns and determinants of technology alliance formation with partner firms from emerging economies, with a focus on European firms' alliance strategies. We examine to what extent European firms' alliance formation with partners based in emerging economies is persistent, that is: to what extent prior collaborative experience determines new alliance formation, and we compare this pattern with alliance formation with developed country partners. Second, we examine to what extent prior engagement in international alliances with partners from developed countries increases the propensity to form technology alliances with partners based in emerging economies and vice versa (interrelation). We find that both persistence and interrelation effects are present, and that they are generally not weaker for emerging economy alliances. Alliance formation with Indian and Chinese firms is significantly more likely if firms have prior alliance experience with Japanese firms. The findings suggest that firms extend their alliance portfolio from developed to emerging economies, increasing the geographic diversity of their alliance portfolio and building on their prior international alliances experience.
    Keyword Alliances
    Persistence
    Interrelation
    Emerging economies
    JEL M21
    O32
    O33
    O52
    O53
    Copyright Holder UNU-MERIT
    Copyright Year 2011
    Copyright type All rights reserved
    DOI 10.1111/radm.12028
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