Alliance Partners and Firm Capability: Evidence from the Motion Picture Industry

Interfirm alliances have long been identified as channels for learning and acquiring partners’ knowledge and capability. In this study, we offer a new perspective on the influence of alliance partners on a focal firm’s capability by focusing on “link” alliances that are motivated by the prospect of exploiting complementarities rather than acquiring partners’ capabilities. Specifically, we consider the case of alliances between resource-rich and...