Rent Appropriation in Strategic Alliances: A Study of Technical Alliances in Pharmaceutical Industry

Long Range Planning

Volumn 49, Issue 2, 2016, Pages 186-195

  Hughes Morgan, Margaret ^a   Yao, B Emery ^b  

^a UNIVERSITY OF KENTUCKY   (United States)

^b HSBC School of Business   (China)

Author keywords

[No Author keywords available]

Indexed keywords

ENTERPRISE RESOURCE PLANNING; FINANCE;

ASYMMETRIC NETWORKS; INFORMATION GATHERING; INTER-ORGANIZATIONAL NETWORK; PHARMACEUTICAL FIRMS; PHARMACEUTICAL INDUSTRY; RENT APPROPRIATIONS; STRATEGIC ALLIANCE; TECHNOLOGY ALLIANCE;

COMMERCE;

EID: 84954271235     PISSN: 00246301     EISSN: 18731872     Source Type: Journal    
DOI: 10.1016/j.lrp.2015.12.016     Document Type: Article

References (70)

1. Ahuja G. Collaboration networks, structural holes, and innovation: a longitudinal study. Administrative Science Quarterly 2000, 45(3):425-455.
2. Anderson E., Weitz B. The use of pledges to build and sustain commitment in distribution channels. Journal of Marketing Research 1992, 29(1):18-34.
3. Bae J., Gargiulo M. Partner substitutability, alliance network structure, and firm profitability in the telecommunications industry. Academy of Management Journal 2004, 47(6):843-859.
4. Barney J. Firm resources and sustained competitive advantage. Journal of Management 1991, 17(1):99-120.
5. Blyler M., Coff R.W. Dynamic capabilities, social capital, and rent appropriation: ties that split pies. Strategic Management Journal 2003, 24(7):677-686.
6. Bonacich P. Power and centrality: a family of measures. American Journal of Sociology 1987, 92(5):1170-1182.
7. Borgatti S.P., Everett M.G., Freeman L.C. Ucinet 5 for Windows: Software for Social Network Analysis 1999, Analytic Technologies, Natick, MA.
8. Bradley M., Desai A., Kim E.H. Synergistic gains from corporate acquisitions and their division between the stockholders of target and acquiring firms. Journal of Financial Economics 1988, 21(1):3-40.
9. Brandenburger A.M., Nalebuff B.J. Co-Opetition 1996, Doubleday, New York.
10. Brass D.J. Being in the right place: a structural analysis of individual influence in an organization. Administrative Science Quarterly 1984, 29(4):518-540.
11. Bronder C., Pritzl R. Developing strategic alliance: a conceptual framework for successful cooperation. European Management Journal 1992, 10(4):412-421.
12. Bucklin L.P., Sengupta S. Organizing successful co-marketing alliances. Journal of Marketing 1993, 57(2):32-46.
13. Burt R. Structural Holes 1992, Harvard University Press, Cambridge, MA.
14. Burt R.S. The contingent value of social capital. Administrative Science Quarterly 1997, 42(2):339-365.
15. Chan S.H., Kensinger J.W., Keown A.J., Martin J.D. Do strategic alliances create value?. Journal of Financial Economics 1997, 46(2):199-221.
16. Chatterjee S., Lubatkin M.H., Schulze W.S. Toward a strategic theory of risk premium: moving beyond CAPM. Academy of Management Review 1999, 24(3):556-567.
17. Coleman J.S. Social capital in the creation of human capital. American Journal of Sociology 1988, 94:95-120.
18. Das S., Sen P.K., Sengupta S. Impact of strategic alliances on firm valuation. Academy of Management Journal 1998, 41(1):27-41.
19. Deeds D.L., Hill C.W.L. Strategic alliances and the rate of new product development: an empirical study of entrepreneurial biotechnology firms. Journal of Business Venturing 1996, 11(1):41-55.
20. Dyer J.H., Singh H., Kale P. Splitting the pie: rent distribution in alliances and networks. Managerial and Decision Economics 2008, 29:137-148.
21. Emerson R.M. Power-dependence relations. American Sociological Review 1962, 27(1):31-41.
22. Ernst D., Halevy Y. When to think alliance. The McKinsey Quarterly 2000, 4:47-57.
23. Frazier G.L., Gill J.D., Kale S.H. Dealer dependence levels and reciprocal actions in a channel of distribution in a developing country. Journal of Marketing 1989, 53(1):50-69.
24. Granovetter M.S. The strength of weak ties. American Journal of Sociology 1973, 78(6):1360-1380.
25. Grossman G.M., Shapiro C. Dynamic R&D competition. Economic Journal 1987, 97(386):372-387.
26. Gulati R. Alliances and networks. Strategic Management Journal 1998, 19(4):293-317.
27. Gulati R. Network location and learning: the influence of network resources and firm capabilities on alliance formation. Strategic Management Journal 1999, 20(5):397-420.
28. Gulati R., Singh H. The architecture of cooperation: managing coordination costs and appropriation concerns in strategic alliances. Administrative Science Quarterly 1998, 43(4):781-814.
29. Gulati R., Wang L. Size of the pie and share of the pie: implications of structural embeddedness for value creation and value appropriation in joint ventures. Research in the Sociology of Organizations 2003, 20:209-242.
30. Hagedoorn J., Schakenraad J. Leading companies and networks of strategic alliances in information technologies. Research Policy 1992, 21(2):163-190.
31. Hamel G. Competition for competence and interpartner learning within international strategic alliances. Strategic Management Journal 1991, 12(S1):83-103.
32. Hamel G., Doz Y., Prahalad C. Collaborate with your competitors - and win. Harvard Business Review 1989, 67:133-139.
33. Inkpen A.C., Beamish P.W. Knowledge, bargaining power, and the instability of international joint ventures. Academy of Management Review 1997, 22(1):177-202.
34. Jap S.D. "Pie-sharing" in complex collaboration contexts. Journal of Marketing Research 2001, 38(1):86-99.
35. Kalaignanam K., Shankar V., Varadarajan R. Asymmetric new product development alliances: win-win or win-lose partnerships?. Management Science 2007, 53(3):357-374.
36. Kale P., Singh H. Alliance Capability and Success. Best Paper Proceedings 1999, Academy of Management Meetings, Chicago, IL.
37. Kale P., Dyer J.H., Singh H. Alliance capability, stock market response, and long-term alliance success. Strategic Management Journal 2002, 23(8):747-767.
38. Khanna T. The scope of alliances. Organization Science 1998, 9(3):340-355.
39. Khanna T., Gulati R., Nohria N. The dynamics of learning alliances: competition, cooperation and relative scope. Strategic Management Journal 1998, 19(3):795-816.
40. King D.R., Slotegraaf R.J. Industry implications of value creation and appropriation investment decisions. Decision Sciences 2011, 42(2):511-529.
41. Knoke D. Networks of elite structure and decision making. Advances in social network analysis 1994, 274-299. Sage, Thousand Oaks, CA. S. Wasserman, J. Galaskiewicz (Eds.).
42. Kogut B. Joint ventures: theoretical and empirical perspectives. Strategic Management Journal 1988, 9(4):319-332.
43. Koh J., Venkatraman N. Joint venture formations and stock market reactions: an assessment in the information technology sector. Academy of Management Journal 1991, 34(4):869-892.
44. Koka B.R., Prescott J.E. Strategic alliances as social capital: a multidimensional view. Strategic Management Journal 2002, 23(9):795-816.
45. Kumar M.V.S. Differential gains between partners in joint ventures: role of resource appropriation and private benefits. Organization Science 2010, 21(1):232-248.
46. Kumar M.V.S. Are joint ventures positive sum games? The relative effects of cooperative and noncooperative behavior. Strategic Management Journal 2010, 32(1):32-54.
47. Larsson R., Bengtsson L., Henriksson K., Sparks J. The interorganizational learning dilemma: collective knowledge development in strategic alliances. Organization Science 1998, 9(3):285-305.
48. Lavie D. The competitive advantage of interconnected firms: an extension of the resource-based view. Academy of Management Review 2006, 31(3):638-658.
49. Lavie D. Alliance portfolios and firm performance: a study of value creation and appropriation in the U.S. software industry. Strategic Management Journal 2007, 28(12):1187-1212.
50. Lerner J. The importance of patent scope: an empirical analysis. Rand Journal of Economics 1994, 25(2):319-333.
51. Madhavan R., Koka B., Prescott J.E. Networks in transition: how industry events reshape interfirm relationships. Strategic Management Journal 1998, 19(5):439-459.
52. Madhok A., Tallman S.B. Resources, transactions and rents: managing value through interfirm collaborative relationships. Organization Science 1998, 9(3):3-19.
53. McEvily B., Zaheer A. Bridging ties: a source of firm heterogeneity in competitive capabilities. Strategic Management Journal 1999, 20(12):1133-1158.
54. McWilliams A., Siegel D. Event studies in management research: theoretical and empirical issues. Academy of Management Journal 1997, 40(3):626-657.
55. Okamura K., Vonortas N.S. European alliance and knowledge networks. Technology Analysis & Strategic Management 2006, 18(5):535-560.
56. Padula G. Enhancing the innovation performance of firms by balancing cohesiveness and bridging ties. Long Range Planning 2008, 41(4):395-419.
57. Park S.H., Chen R., Gallagher S. Firm resources as moderators of the relationship between market growth and strategic alliances in semiconductor start-ups. Academy of Management Journal 2002, 45(3):527-545.
58. Pfeffer J., Salancik G.R. The External Control of Organizations: A Resource Dependence Perspective 1978, Harper & Row, New York.
59. Pollock T.G., Porac J.F., Wade J.B. Constructing deal networks: brokers as network "architects" in the U.S. IPO market and other examples. Academy of Management Review 2004, 29(1):50-72.
60. Powell W.W. Neither market nor hierarchy: network forms of organization. Research in Organizational Behavior 1990, 12:295-336.
61. Powell W.W., Koput K.W., Smith-Doerr L. Interorganizational collaboration and the locus of innovation: networks of learning in biotechnology. Administrative Science Quarterly 1996, 41(1):116-146.
62. Rothaermel F.T., Deeds D.L. Exploration and exploitation alliances in biotechnology: a system of new product development. Strategic Management Journal 2004, 25(3):201-221.
63. Sleuwaegen L., Schep K., den Hartog G., Commandeur H. Value creation and the alliance experiences of dutch companies. Long Range Planning 2003, 36(6):533-542.
64. Stovel K., Shaw L. Brokerage. Annual Review of Sociology 2012, 38(1):139-158.
65. Uzzi B. Social structure and competition in interfirm networks: the paradox of embeddedness. Administrative Science Quarterly 1997, 42(1):35-67.
66. Wernerfelt B. A resource-based view of the firm. Strategic Management Journal 1984, 5(2):171-180.
67. Yan A., Gray B. Bargaining power, management control, and performance in United States - China joint ventures: a comparative case study. Academy of Management Journal 1994, 37(6):1478-1517.
68. Zaheer A., Bell G.G. Benefiting from network position: firm capabilities, structural holes, and performance. Strategic Management Journal 2005, 26(9):809-825.
69. Zeng M., Chen X.-P. Achieving cooperation in multiparty alliances: a social dilemma approach to partnership management. Academy of Management Review 2003, 28(4):587-605.
70. Zhao M. Conducting R&D in countries with weak intellectual property rights protection. Management Science 2006, 52(8):1185-1199.