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Alliances and the Pattern of Comparative Advantages: a Sectoral Analysis

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  • Reinhilde Veugelers

Abstract

The pattern of sectoral comparative advantages between the EC, US and Japan is linked to the sectoral distribution of Triad alliances to disentangle different motives and problems of alliances. In addition the impact of comparative advantages on partner selection is examined. It is found, among others, that, contrary to the US and Japan, the EC takes a more defensive stance in industries where it holds a comparative advantage, but it is more actively engaged in alliances in industries where it lacks a comparative advantage. But these weak EC partners are least likely to team up with a strong partner, as compared to US and Japanese companies.
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  • Reinhilde Veugelers, 1993. "Alliances and the Pattern of Comparative Advantages: a Sectoral Analysis," Working Papers of Department of Management, Strategy and Innovation, Leuven 693726, KU Leuven, Faculty of Economics and Business (FEB), Department of Management, Strategy and Innovation, Leuven.
    • Handle: RePEc:ete:msiper:693726
    Note: paper number Onderzoeksrapport 9336
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    File URL: https://lirias.kuleuven.be/retrieve/659611
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    Cited by:

    1. Pastor, Maite & Sandonis, Joel, 2002. "Research joint ventures vs. cross licensing agreements: an agency approach," International Journal of Industrial Organization, Elsevier, vol. 20(2), pages 215-249, February.
    2. Chen, Homin & Chen, Tain-Jy, 2003. "Governance structures in strategic alliances: transaction cost versus resource-based perspective," Journal of World Business, Elsevier, vol. 38(1), pages 1-14, February.
    3. Chen, Homin & Chen, Tain-Jy, 2002. "Asymmetric strategic alliances: A network view," Journal of Business Research, Elsevier, vol. 55(12), pages 1007-1013, December.

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