Descripción
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Adaptation to changing circumstances is crucial for success of alliances. Using a longitudinal case study of the R&D non-equity multi-partner alliance between four partners, we examine how the alliance board can complement incomplete contracts for coordinated adaptation. We trace the interactions between the partners in order to explore the functioning of the alliance board in multi-partner alliances for coordinated adaptation. We found that alliance board can complement incomplete contract, but procedural issues that define power of the board are crucial in its effectiveness. In addition, unique features of this organizational form lead to somewhat different functionality of multi-partner alliance board compared with alliance board in dyads. Outcomes of the alliance board in multi-partner settings depend on perceptions of equity of the majority of partners, not a single one. Finally, we propose alliance board as a primarily relational mechanism in multipartner alliances for managing conflict resolution and alignment of individual partner goals to joint alliance goals. | |
Internacional
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No |
Nombre congreso
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International Conference on Economics and Management of Networks ? EMNet 2015 |
Tipo de participación
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960 |
Lugar del congreso
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Ciudad del Cabo |
Revisores
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Si |
ISBN o ISSN
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0921-898x |
DOI
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Fecha inicio congreso
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03/12/2015 |
Fecha fin congreso
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05/12/2015 |
Desde la página
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1 |
Hasta la página
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15 |
Título de las actas
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International Conference on Economics and Management of Networks ? EMNet 2015 |