Governance Structures in Strategic Alliances: Transaction Cost versus Resource-based Perspective
Resource
Journal of World Business, 38(1), 1-14
Journal
Journal of World Business
Pages
1
Date Issued
2003
Date
2003
Author(s)
Abstract
In this paper, we examine the pattern of resource alignment in strategic alliances and its relevance to the scheme of cooperation. This resource-based perspective is combined with the transaction cost model to interpret the governance structure of international strategic alliances undertaken by Taiwanese firms. We find whilst the transaction cost model is powerful in explaining the choice between joint venture and contractual alliances, the resource-based perspective provides useful insights into the choice between two distinctive forms of contractual alliances, namely, exchange and integration alliances. © 2002 Elsevier Science Inc. All rights reserved.
SDGs
Type
journal article
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