Examining Alliance Portfolios Beyond the Dyads: The Relevance of Redundancy and Nonuniformity Across and Between Partners

Manuela N. Hoehn-Weiss (), Samina Karim () and Chi-Hyon Lee ()
Additional contact information
Manuela N. Hoehn-Weiss: Strategy and Entrepreneurship, College of Business, Oregon State University, Corvallis, Oregon 97331
Samina Karim: Entrepreneurship and Innovation, D’Amore-McKim School of Business, Northeastern University, Boston, Massachusetts 02115
Chi-Hyon Lee: School of Business, George Mason University, Fairfax, Virginia 22030

Organization Science, 2017, vol. 28, issue 1, 56-73

Abstract: In this research, we unpack how interdependencies affect not just individual dyads but also value creation across an alliance portfolio and ultimately a focal firm’s performance. Moving beyond the collection of dyadic relationships of individual alliances, we examine more holistically the distribution of power imbalances and mutual dependences within alliance portfolios, as well as the impact of redundancies in portfolio partners’ resources. Building on resource dependence theory, we develop and test arguments on a sample of 59 firms in the U.S. passenger airline industry during 1998–2011. We find that nonuniform distributions of power imbalances and mutual dependences within the alliance portfolio as well as redundancy affect firm performance in different ways, which has implications for the management of alliance portfolios.

Keywords: alliance; alliance portfolio; portfolio effect; resource dependence theory; resource flows; power imbalance; mutual dependence (search for similar items in EconPapers)
Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (8)

Downloads: (external link)
https://doi.org/10.1287/orsc.2017.1108 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:inm:ororsc:v:28:y:2017:i:1:p:56-73

Access Statistics for this article

More articles in Organization Science from INFORMS Contact information at EDIRC.
Bibliographic data for series maintained by Chris Asher ().