Erschienen in:IESE Business School Working Paper ; No. 667
Umfang:
1 Online-Ressource (-1 p)
Sprache:
Ohne Angabe
DOI:
10.2139/ssrn.983937
Identifikator:
Entstehung:
Anmerkungen:
Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments November 8, 2009 erstellt
Beschreibung:
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, however, we lack an explicit theory of intra-alliance value division, and empirically, previous analysis has been hampered by methodological challenges. In response, therefore, 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 Ramp;D alliances, and find that we are able to explain variation in value appropriation across alliance partners, partner types, and individual firms of each type