The Co-Evolution of Strategic Alliances
Mitchell P. Koza and
Arie Y. Lewin
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Mitchell P. Koza: European Institute of Business Administration (INSEAD), Boulevard de Constance, 77305 Fontainebleau, Cedex, France
Arie Y. Lewin: The Fuqua School of Business, Duke University, Durham, North Carolina 27708-0120
Organization Science, 1998, vol. 9, issue 3, 255-264
Abstract:
This paper proposes a co-evolutionary theory of strategic alliances. The paper proposes a framework which views strategic alliances in the context of the adaptation choices of a firm. Strategic alliances, in this view, are embedded in a firm's strategic portfolio, and co-evolve with the firm's strategy, the institutional, organizational and competitive environment, and with management intent for the alliance. Specifically, we argue that alliance intent may be described, at any time, as having either exploitation or exploration objectives. We further discuss how the morphology of an alliance—absorptive capacity, control, and identification—may be isomorphic with its intent, and, in the aggregate, drive the evolution of the population of alliances.
Date: 1998
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Persistent link: https://EconPapers.repec.org/RePEc:inm:ororsc:v:9:y:1998:i:3:p:255-264
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