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, JojoTitle 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 economiesJEL M21
O32
O33
O52
O53Copyright Holder UNU-MERIT Copyright Year 2011 Copyright type All rights reserved DOI 10.1111/radm.12028 -
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