This study investigates the effect of transaction cost considerations on the apportionment of residual bearing, and the assignment of managerial control between two ยฎrms involved in the exchange of business know-how. Data were collected from contractual agreements between multinational enterprises a
The duality of collaboration: inducements and opportunities in the formation of interfirm linkages
โ Scribed by Gautam Ahuja
- Publisher
- John Wiley and Sons
- Year
- 2000
- Tongue
- English
- Weight
- 159 KB
- Volume
- 21
- Category
- Article
- ISSN
- 0143-2095
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โฆ Synopsis
I argue that the linkage-formation propensity of firms is explained by simultaneously examining both inducement and opportunity factors. Drawing upon resource-based and social network theory literatures I identify three forms of accumulated capital-technical, commercial, and social-that can affect a firm's inducements and opportunities to form linkages. Firms possessing these capital stocks enjoy advantages in linkages formation. However, firms lacking these accumulated resources can still form linkages if they generate a radical technological breakthrough. Thus, I identify paths to linkage formation for leading as well as peripheral firms. I test these arguments with longitudinal data on technical collaborative linkages in the global chemicals industry.
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