The Impact of Firms' Characteristics on Forming Alliances with Larger Partners

摘要

This study examines the relationship between four firm characteristics and alliance formation with larger partners Integrating literature on alliance partner selection and asymmetric alliance this study argues that firms have greater alliance experience innovativeness shares owned by institutional investors and better performance are more likely to have more alliances with large partners To analyze the relationships I sampled 143 firms from automotive communication computer and software industries which are active between 2010 to 2015 and used ordinary least square method with White standard errors to estimate the parameters of regression models Empirical results show that only alliance experience has a significant impact while other three attributes do not show significant effects on forming alliances with larger partners My findings imply that managers should emphasize or endeavor to accumulate their experience in alliances if they want to attract more potential larger partners to set up alliances with them The theoretical contribution of this study is to connect the literature of strategic partner selection and that of asymmetric alliance i e examining partner selection criteria in asymmetric alliance

獎項日期	2017 8月 30
原文	English
監督員	Chiung-Hui Tseng (Supervisor)