Competition, formal governance and trust in alliances: An experimental study

被引:4
|
作者
Solinas, Giulia [1 ]
Meloso, Debrah [2 ]
Banal-Estanol, Albert [3 ,4 ]
Seldeslachts, Jo [5 ,6 ]
Kretschmer, Tobias [1 ,7 ,8 ]
机构
[1] Ludwig Maximilians Univ Munchen, ISTO, Munich, Germany
[2] TBS Business Sch, Dept Finance & Econ, Toulouse, France
[3] Univ Pompeu Fabra, Dept Econ & Business, Barcelona, Spain
[4] City Univ London, Dept Econ, London, England
[5] Katholieke Univ Leuven, DIW Berlin, Leuven, Belgium
[6] Univ Amsterdam, Amsterdam, Netherlands
[7] Ludwig Maximilians Univ Munchen, Org Res Grp, Munich, Germany
[8] Ctr Econ Policy Res CEPR, London, England
关键词
Strategic alliances; Lab experiment; Alliance dynamics; Forgiveness; Stability; STRATEGIC ALLIANCES; INTERORGANIZATIONAL RELATIONSHIPS; RELATIONAL GOVERNANCE; MULTIPARTY ALLIANCES; EMPIRICAL-ANALYSIS; COOPERATION; CONTRACTS; COORDINATION; FORGIVENESS; COLLABORATION;
D O I
10.1016/j.lrp.2022.102240
中图分类号
F [经济];
学科分类号
02 ;
摘要
We study the role of alliance governance in the behavior of partners in alliances with different degrees of competition. Using data from a lab experiment on 1,009 alliances and 31,662 partners' choices, we explore whether and how alliances succeed in different competitive scenarios, contingent on the use of formal governance mechanisms (termination clauses) and the number of partners in the alliance. We find that trust, an informal governance mechanism, emerges as a complement to formal governance in order to establish success in our experimental alliances, especially when competition is high. In particular, we document the significance of "trustbuilding" in initial stages and "trust repair" in later stages of our experimental alliances.
引用
收藏
页数:18
相关论文
共 50 条
  • [31] Revisiting the Trust-performance Link in Strategic Alliances
    Mohr, Alexander T.
    Puck, Jonas
    MANAGEMENT INTERNATIONAL REVIEW, 2013, 53 (02) : 269 - 289
  • [32] Governance and Performance of Strategic Alliances in Africa: The Role of Institutions
    Nkakleu, Raphael
    Biboum, Altante Desiree
    JOURNAL OF AFRICAN BUSINESS, 2019, 20 (02) : 242 - 258
  • [33] The content and role of formal contracts in high-tech alliances
    de Jong, Gjalt
    Woolthuis, Rosalinde Ja Klein
    INNOVATION-MANAGEMENT POLICY & PRACTICE, 2009, 11 (01) : 44 - 59
  • [34] Relational quality and inter-personal trust in strategic alliances
    Arino, Africa
    de la Torre, Jose
    Ring, Peter Smith
    EUROPEAN MANAGEMENT REVIEW, 2005, 2 (01) : 15 - 27
  • [35] The evolution of trust in information technology alliances
    Ybarra, Candace E.
    Turk, Thomas A.
    Journal of High Technology Management Research, 2009, 20 (01) : 62 - 74
  • [36] Ambidextrous governance and alliance performance under dynamic environments: An empirical investigation of Taiwanese technology alliances
    Lin, Liang-Hung
    Ho, Yu-Ling
    TECHNOVATION, 2021, 103
  • [37] Analysis of Reputation Effect on Alliances Governance
    He Ruiying
    Huang Yujie
    PROCEEDINGS OF 2010 INTERNATIONAL CONFERENCE ON THE GROWTH OF FIRMS AND MANAGEMENT INNOVATION, 2010, : 171 - 176
  • [38] ISOLATING TRUST OUTCOMES FROM EXCHANGE RELATIONSHIPS: SOCIAL EXCHANGE AND LEARNING BENEFITS OF PRIOR TIES IN ALLIANCES
    Liouicas, Constantinos S.
    Reuer, Jeffrey J.
    ACADEMY OF MANAGEMENT JOURNAL, 2015, 58 (06) : 1826 - 1847
  • [39] Governance dynamics in multi-partner R&D alliances Integrating the control and coordination perspectives
    Barbic, Frano
    Hidalgo, Antonio
    Cagliano, Raffaella
    BALTIC JOURNAL OF MANAGEMENT, 2016, 11 (04) : 405 - 429
  • [40] Empirical test of the trust-performance link in an international alliances context
    Costa e Silva, Susana
    Bradley, Frank
    Sousa, Carlos M. P.
    INTERNATIONAL BUSINESS REVIEW, 2012, 21 (02) : 293 - 306