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Partner selection for international strategic alliances in emerging economies

dc.contributor.authorLi, Dan
dc.contributor.authorFerreira, Manuel Portugal
dc.date.accessioned2021-08-31T11:02:54Z
dc.date.available2021-08-31T11:02:54Z
dc.date.issued2008-12
dc.description.abstractRepeated partnerships in international strategic alliances (ISAs) should mitigate the effects of an under-established institutional framework, lower transaction costs, and create the conditions for the exploitation of firm-specific capabilities by multinational corporations (MNCs). However, to the best of our knowledge, no research has investigated MNCs’ preference about prior partners for ISA projects in emerging economies. This is surprising, given the high risks characterizing ISAs and the potential for reducing transactional hazards by engaging repeatedly with the same partner. Our analyses of 286 ISAs between a US MNC and a local firm in emerging economies reveal that US MNCs forming ISAs requiring higher extent of technological commitments are more likely to select their prior partners. Equity-based governance structure is a substitutive mechanism of alliancing with prior partners for MNCs to address potential opportunisms in ISAs. We also find that US MNCs are more likely to select prior partners for ISAs when there is a larger institutional distance between the partners’ countries of origin.pt_PT
dc.description.versioninfo:eu-repo/semantics/publishedVersionpt_PT
dc.identifier.citationLi, D., & Ferreira, M. P. (2008), Partner selection for international strategic alliances in emerging economies. Scandinavian Journal of Management, 24(4), 308-319.https://doi.org/10.1016/j.scaman.2008.05.001pt_PT
dc.identifier.doi10.1016/j.scaman.2008.05.001pt_PT
dc.identifier.issn0956-5221
dc.identifier.urihttp://hdl.handle.net/10400.8/6190
dc.language.isoengpt_PT
dc.peerreviewedyespt_PT
dc.publisherElsevierpt_PT
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/4.0/pt_PT
dc.subjectInternational strategic alliancept_PT
dc.subjectPartner selectionpt_PT
dc.subjectEmerging economypt_PT
dc.subjectTransaction costspt_PT
dc.titlePartner selection for international strategic alliances in emerging economiespt_PT
dc.typejournal article
dspace.entity.typePublication
oaire.citation.endPage319pt_PT
oaire.citation.issue4pt_PT
oaire.citation.startPage308pt_PT
oaire.citation.titleScandinavian Journal of Managementpt_PT
oaire.citation.volume24pt_PT
person.familyNameFerreira
person.givenNameManuel
person.identifier.ciencia-id2B1A-16D4-80DA
person.identifier.orcid0000-0002-4642-4605
person.identifier.ridA-2322-2012
person.identifier.scopus-author-id7402787382
rcaap.rightsclosedAccesspt_PT
rcaap.typearticlept_PT
relation.isAuthorOfPublication69895f61-97d7-47e5-93e3-ede7fb54631c
relation.isAuthorOfPublication.latestForDiscovery69895f61-97d7-47e5-93e3-ede7fb54631c

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