Returns to US firms from strategic alliances in China: A knowledge-based view

Wesley A. Pollitte, Joseph C. Miller and Attila Yaprak

Journal of World Business, 2015, vol. 50, issue 1, 144-148

Abstract: Drawing on the knowledge-based view (KBV) of the firm, this study compares value creation between US manufacturing and service firms entering China through strategic alliances. Using an event study applied on a sample of 192 manufacturing and 105 service firms, the results indicate that value creation for manufacturing and service firms differ. For service firms, having a Chinese state-owned-enterprise as a partner, marketing agreement, and/or Chinese partner creates greater value. These findings highlight the significance of knowledge acquisition versus accession in US–Chinese partnerships.

Keywords: The Knowledge-based view; Event study; Strategic alliance; Joint venture; China (search for similar items in EconPapers)
Date: 2015
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Citations: View citations in EconPapers (11)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:worbus:v:50:y:2015:i:1:p:144-148

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DOI: 10.1016/j.jwb.2014.04.002

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