Post‐formation dynamics in strategic alliances
Abstract
This paper investigates the occurrence and determinants of post‐formation governance changes in strategic alliances, including alterations in alliances' contracts, boards or oversight committees, and monitoring mechanisms. We examine alliances in the biotechnology industry and find that firms' unique alliance experience trajectories affect the likelihood of such ex post adjustments in these partnerships. Transactional features such as the...
Paper Details
Title
Post‐formation dynamics in strategic alliances
Published Date
Jan 10, 2002
Journal
Volume
23
Issue
2
Pages
135 - 151
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