Resources, Transactions and Rents: Managing Value Through Interfirm Collaborative Relationships

Organization Science

Volumn 9, Issue 3, 1998, Pages 326-339

  Madhok, Anoop ^a   Tallman, Stephen B ^a  

^a UNIVERSITY OF UTAH   (United States)

Author keywords

Interfirm Collaboration; Resource Based View; Strategic Alliances; Transaction Coats

Indexed keywords

EID: 0032384146     PISSN: 10477039     EISSN: None     Source Type: Journal    
DOI: 10.1287/orsc.9.3.326     Document Type: Article

References (66)

1. Ariño, A. and J. de la Torre (1998), "Learning from Failure: Towards an Evolutionary Model of Collaborative Ventures," Organization Science, 9, 3, 306-325.
2. Balakrishnan, S. and M. P. Koza (1993), "Information Asymmetry, Adverse Selection and Joint Ventures: Theory and Evidence," Journal of Economic Behavior and Organization, 20, 1, 99-117.
3. Barney, J. B. (1991), " Firm Resources and Sustained Competitive Advantage," Journal of Management, 17, 1, 11-120.
4. _ and M. H. Hansen (1994), "Trustworthiness As a Source of Competitive Advantage," Strategic Management Journal, 15 (Special Winter Issue), 175-190.
5. Borys, B. and D. B. Jemison (1989), "Hybrid Arrangements As Strategic Alliances: Theoretical Issues in Organizational Combinations," Academy of Management Review, 14, 234-249.
6. Browning, L. D., J. M. Beyer, and J. C. Shetler (1995), "Building Cooperation in a Competitive Industry: SEMATECH and the Semiconductor Industry," Academy of Management Journal, 38, 113-151.
7. Chi, T. (1994), "Trading in Strategic Resources: Necessary Conditions, Transaction Cost Problems, and Choice of Exchange Structure," Strategic Management Journal, 15, 4, 271-290.
8. Dierickx, I. and K. Cool (1989), "Asset Stock Accumulation and Competitive Advantage," Management Science, 12, 1504-1511.
9. Dietrich, M. (1994), Transaction Cost Economics and Beyond: Toward a New Economics of the Firm, London, England: Routledge.
10. Dodgson, M. (1993), Technological Collaboration in Industry, London: Routledge.
11. _ (1994), "Technology and Collaboration," in M. Dodgson and R. Rothwell (Eds.), The Handbook of Industrial Innovation, Brookfield, VT: Edward Elgar.
12. Doz, Y. L. (1996), "The Evolution of Cooperation in Strategic Alliances: Initial Conditions or Learning Processes," Strategic Management Journal, 17 (Summer Special Issue), 55-84.
13. Dyer, J. H. (1996), "Does Governance Matter? Keiretsu Alliances and Asset Specificity As Sources of Japanese Competitive Advantage," Organization Science, 7, 6, 649-666.
14. _ (1997), "Effective Interfirm Collaboration: How Transactors Minimize Transaction Costs & Maximize Transaction Value," Strategic Management Journal, 18, 535-556.
15. Eisenhardt, K. M. and C. B. Schoonhoven (1996), "Resource-based View of Strategic Alliance Formation: Strategic and Social Effects in Entrepreneurial Firms," Organization Science, 1, 2, 136-150.
16. Geringer, J. M. (1988), Joint Venture Partner Selection, Westport, CT: Quorum Books.
17. Ghoshal, S. and P. Moran (1996), "Bad for Practice: A Critique of Transaction Cost Theory," Academy of Management Review, 21, 1, 13-47.
18. Gomes-Casseres, B. (1996), The Alliance Revolution: The New Shape of Business Rivalry, Cambridge, MA: Harvard University Press.
19. Grant, R. (1997), "Toward a Knowledge-Based Theory of the Firm," Strategic Management Journal, 17, Winter Special Issue, 109-122.
20. Hamel, G. (1991), "Competition for Competence and Inter-partner Learning Within International Strategic Alliances," Strategic Management Journal, 12(SI), 83-103.
21. _, Y. L. Doz and C. K. Prahalad (1989), "Collaborate with Your Competitors - and Win," Harvard Business Review, 67, 1, 133-139.
22. Haspeslagh, P. C. and D. B. Jemison (1991), Managing Acquisitions, New York: Free Press.
23. Hennart, J. F. (1988), "A Transaction Costs Theory of Equity Joint Ventures," Strategic Management Journal, 9, 361-374.
24. _, (1991), "The Transaction Costs Theory of Joint Ventures: An Empirical Study of Japanese Subsidiaries in the United States," Management Science, 37, 483-497.
25. _, D. J. Kim and M. Zeng (1998), "The Impact of Joint Venture Status on the Longevity of Japanese Stakes in U.S. Manufacturing Affiliates," Organization Science, 9, 3, 382-395.
26. Hill, C. W. L. (1990), "Cooperation, Opportunism, and the Invisible Hand: Implications for Transaction Cost Theory," Academy of Management Review, 15(3), 500-513.
27. Jarillo, J. C. (1988), "On Strategic Networks," Strategic Management Journal 9, 31-41.
28. Jemison, D. B. and S. B. Sitkin (1986), "Corporate Acquisitions: A Process Perspective," Academy of Management Review, 11, 1, 145-163.
29. Khanna, T. (1998), "The Scope of Alliances," Organization Science, 9, 3, 340-355.
30. Klein, B., R. G. Crawford and A. A. Alchian (1978), "Vertical Integration, Appropriable Rents, and the Competitive Contracting Process," Journal of Law and Economics, 21, 2, 297-325.
31. Kogut, B. and U. Zander (1992), "Knowledge of the Firm, Combinative Capabilities, and the Replication of Technology," Organizational Science, 3, 3, 383-397.
32. Kumar, R. and K. O. Nti (1998), "Differential Learning and Interaction in Alliance Dynamics: A Process and Outcome Discrepancy Model," Organization Science, 9, 3, 356-367.
33. Lado, A. A., N. G. Boyd and S. C. Hanlon (1997), "Competition, Cooperation, and the Search for Economic Rents: A Syncretic Model," Academy of Management Review, 22, 1, 110-141.
34. Larsson, R., L. Bengtsson, K. Henriksson, and J. Sparks (1998), "The Interorganizational Learning Dilemma: Collective Knowledge Development in Strategic Alliances," Organization Science, 9, 3, 285-305.
35. Loasby, B. (1994), "Organizational Capabilities and Interfirm Relations," Metroeconomica, 45, 248-265.
36. Madhok, A. (1995a), "Opportunism and Trust in Joint Venture Relationships: An Exploratory Study and a Model," Scandinavian Journal of Management, 11, 1, 57-74.
37. _ (1995b), "Revisiting Multinational Firms' Tolerance for Joint Ventures: A Trust-based Approach," Journal of International Business Studies, 26, 117-137.
38. _ (1996a), "The Organization of Economic Activity: Transaction Costs, Firm Capabilities and the Nature of Governance," Organization Science, 7, 577-590.
39. _ (1996b), "Know-how-, Experience- and Competition-related Considerations in Foreign Market Entry: An Exploratory Investigation," International Business Review, 5, 339-366.
40. _ (1997), "Cost, Value and Foreign Market Entry Mode: The Transaction and the Firm," Strategic Management Journal, 18, 39-61.
41. Mowery, D. C., J. E. Oxley and B. S. Silverman (1997), "Strategic Alliances and Interfirm Knowledge Transfer," Strategic Management Journal, 17, Winter Special Issue, 77-92.
42. Nelson, R. and S. Winter (1982), An Evolutionary Theory of Economic Change, Cambridge, MA: Harvard University Press.
43. Nooteboom, B. (1996), "Toward a Learning Based Model of Transactions," in J. Groenewegen (Ed.), Transaction Cost Economics and Beyond, Boston, MA: Kluwer, 327-350.
44. Parkhe, A. (1991), "Interfirm Diversity, Organizational Learning, and Longevity in Global Strategic Alliances," Journal of International Business Studies, 22, 4, 579-602.
45. _ (1993a), " 'Messy' Research, Methodological Predispositions, and Theory Development in International Joint Ventures," Academy of Management Review, 18, 2, 227-268.
46. _ (1993b), "Strategic alliance Structuring: A Game Theoretic and Transaction Cost Examination of Interfirm Cooperation," Academy of Management Journal, 36, 4, 794-829.
47. Pearce, R. J. (1997), "Toward Understanding Joint Venture Performance and Survival: A Bargaining and Influence Approach to Transaction Cost Theory," Academy of Management Review, 22, 1, 203-225.
48. Peteraf, M. (1993), "The Cornerstones of Competitive Advantage: A Resource-based View," Strategic Management Journal, 14, 3, 179-192.
49. Powell, W. W. (1990), "Neither Market Nor Hierarchy: Network Forms of Organization," Research in Organizational Behavior, 12, 295-336.
50. Quinn, J. B. (1992), "The Intelligent Enterprise: A New Paradigm," Academy of Management Executive, 6, 4, 48-63.
51. Reed, R. and R. J. DeFillippi (1990), "Causal Ambiguity, Barriers to Imitation, and Sustainable Competitive Advantage," Academy of Management Review, 15, 88-102.
52. Richardson, G. B. (1972), "The Organisation of Industry," The Economic Journal, 82, 883-896.
53. Ring, P. S. and A. H. Van de Ven, (1992), "Structuring Cooperative Relationships Between Organizations," Strategic Management Journal, 13, 483-498.
54. _ and _ (1994), " Developmental Processes of Cooperative Interorganizational Relationships," Academy of Management Review 19 1 90-118
55. Tallman, S. B. and O. Shenkar (1994), "A Managerial Decision Model of International Cooperative Venture Formation," Journal of International Business Studies, 25, 1, 91-114.
56. Teece, D. J. (1982), "Toward an Economic Theory of the Multiproduct Firm," Journal of Economic Behavior and Organization, 3, 1, 39-63.
57. _ (1986), " Profiling from Technological Innovation: Implications for Integration, Collaboration, Licensing, and Public Policy," Research Policy, 15, 285-305.
58. _ (1992), "Competition, Cooperation and Innovation," Journal of Economic Behavior and Organization, 18, 1-25.
59. _ and G. Pisano (1994), "The Dynamic Capabilities of Firms: An Introduction," Journal of Economic Behavior and Organization, 3, 537-556.
60. _, _ and A. Shuen (1997), "Dynamic Capabilities and Strategic Management," Strategic Management Journal, 18, 509-534.
61. _, R. Rumelt, G. Dosi and S. Winter (1994), "Understanding Corporate Coherence: Theory and Evidence," Journal of Economic Behavior and Organization, 23, 1-30.
62. Williamson, O. E. (1985), The Economic Institutions of Capitalism, New York: Free Press.
63. _ (1988), "Technology and Transaction Cost Economics," Journal of Economic Behavior and Organization, 10, 355-363.
64. _ (1991), "Comparative Economic Organization: The Analysis of Discrete Structural Alternatives," Administrative Science Quarterly, 36, 269-296.
65. _ (1993), "Opportunism and Its Critics," Managerial and Decision Economics, 14, 97-107.
66. Zajac, E. J. and C. P. Olsen (1993), "From Transaction Cost to Transactional Value Analysis: Implications for the Study of Interorganizational Strategies," Journal of Management Studies, 30, 1, 131-145.