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The role of strategic alliances in complementing firm capabilities

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  • Rice, John
  • Liao, Tung-Shan
  • Martin, Nigel
  • Galvin, Peter

Abstract

Strategic alliance research emerged to explain alliance formation based upon transaction cost minimisation and opportunism reduction. Later research, and early research from Japan, emphasised the role of alliances in facilitating the transfer of knowledge between organisations. Most recently, alliance research has focussed on the development of shared, potentially idiosyncratic, resource stocks. This paper builds on this recent research, testing the proposition that alliances are important vehicles allowing firms to access or acquire external resources, hence shoring up capability gaps and building new capabilities as required during firm, product and industry life cycles. Using a sample from Australian manufacturing small-and-medium-sized enterprises, the paper reveals that alliances employed by firms can be viewed as initiatives to either fill a gap in the firm's resource stock or to exploit a perceived opportunity in its operational and strategic environment.

Suggested Citation

  • Rice, John & Liao, Tung-Shan & Martin, Nigel & Galvin, Peter, 2012. "The role of strategic alliances in complementing firm capabilities," Journal of Management & Organization, Cambridge University Press, vol. 18(6), pages 858-869, November.
  • Handle: RePEc:cup:jomorg:v:18:y:2012:i:06:p:858-869_00
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    Cited by:

    1. Ruzhena V. Liashenko & Kateryna I. Karpiuk & Anastasia I. Buzovich, 2019. "Influence of System Management on Strategic Development of the Enterprise under Uncertainty and Risk," Academic Journal of Interdisciplinary Studies, Richtmann Publishing Ltd, vol. 8, November.
    2. Victoria Golikova & Boris Kuznetsov, 2017. "Suboptimal Size: Factors Preventing the Growth of Russian Small and Medium-Sized Enterprises," Foresight and STI Governance (Foresight-Russia till No. 3/2015), National Research University Higher School of Economics, vol. 11(3), pages 83-93.
    3. Obradović, Tena & Vlačić, Božidar & Dabić, Marina, 2021. "Open innovation in the manufacturing industry: A review and research agenda," Technovation, Elsevier, vol. 102(C).
    4. Paagman, Arnaud & Tate, Mary & Furtmueller, Elfi & de Bloom, Jessica, 2015. "An integrative literature review and empirical validation of motives for introducing shared services in government organizations," International Journal of Information Management, Elsevier, vol. 35(1), pages 110-123.
    5. Juan Manuel Ramon-Jeronimo & Raquel Florez-Lopez & Pedro Araujo-Pinzon, 2019. "Resource-Based View and SMEs Performance Exporting through Foreign Intermediaries: The Mediating Effect of Management Controls," Sustainability, MDPI, vol. 11(12), pages 1-26, June.
    6. Galvin, Peter & Burton, Nicholas & Nyuur, Richard, 2020. "Leveraging inter-industry spillovers through DIY laboratories: Entrepreneurship and innovation in the global bicycle industry," Technological Forecasting and Social Change, Elsevier, vol. 160(C).

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