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Information gathering through alliances

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Author Info
Letterie, Wilko
Hagedoorn, John
van Kranenburg, Hans
Palm, Franz

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Abstract

The effect of a firm's uncertainty regarding technological development on the formation of alliances is examined, and it is shown that this uncertainty is positively related to the number of alliances. However, higher uncertainty also makes the firm less likely to ally with others if the collected information is redundant. The higher the similarity between the technological regimes of potential alliance partners, the lower the incentive to ally. Also direct ties are preferred to indirect ones if uncertainty is high since direct ties yield more accurate information than indirect ties.

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File URL: http://www.sciencedirect.com/science/article/B6V8F-4MR1JWS-1/1/2d6c33fcf20a94e65804de99e7babe6e
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Publisher Info
Article provided by Elsevier in its journal Journal of Economic Behavior & Organization.

Volume (Year): 66 (2008)
Issue (Month): 2 (May)
Pages: 176-194
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Handle: RePEc:eee:jeborg:v:66:y:2008:i:2:p:176-194

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Web page: http://www.elsevier.com/locate/jebo

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  1. Michael D. König & tefano Battiston & Mauro Napoletano & Frank Schweitzer, 2008. "The efficiency and evolution of R&D Networks," Documents de Travail de l'OFCE 2008-31, Observatoire Francais des Conjonctures Economiques (OFCE). [Downloadable!]
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This page was last updated on 2009-12-19.


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