Greener pastures: Outside options and strategic alliance withdrawal

Henrich R. Greve, Hitoshi Mitsuhashi, Joel A C Baum

研究成果: Article

29 引用 (Scopus)

抄録

Departing from prior work that demonstrates the stickiness and stability of alliance networks resulting from embeddedness, we extend matching theory to study firms' withdrawal from alliances. Viewing alliance withdrawal as a result of firms' pursuit of more promising alternative partners (outside options) rather than failures in collaboration, we predict that a firm is more likely to withdraw from an alliance when there is a higher density of outside options that have better match quality than the current partners. We also propose that, because matching is two-sided, outside options have a greater impact on a firm's withdrawal when they are more likely to initiate new alliances. Using data on alliances in the global liner shipping industry, we show that, controlling for internal tensions in the alliance, outside options predict alliance withdrawals. Thus, despite the alliance stickiness and stability, firms alter their alliances in response to the availability of promising outside options, even leaving alliances that appear successful.

元の言語English
ページ(範囲)79-98
ページ数20
ジャーナルOrganization Science
24
発行部数1
DOI
出版物ステータスPublished - 2013 1

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Freight transportation
Availability
Industry
Strategic alliances
Outside options
Alliances
Stickiness

ASJC Scopus subject areas

  • Management of Technology and Innovation
  • Strategy and Management
  • Organizational Behavior and Human Resource Management

これを引用

Greener pastures : Outside options and strategic alliance withdrawal. / Greve, Henrich R.; Mitsuhashi, Hitoshi; Baum, Joel A C.

:: Organization Science, 巻 24, 番号 1, 01.2013, p. 79-98.

研究成果: Article

Greve, Henrich R. ; Mitsuhashi, Hitoshi ; Baum, Joel A C. / Greener pastures : Outside options and strategic alliance withdrawal. :: Organization Science. 2013 ; 巻 24, 番号 1. pp. 79-98.
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