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Motives for strategic alliance: A resource-based perspective

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  • Tsang, Eric W. K.

Abstract

There has been an explosive growth of various forms of interfirm strategic alliance, both domestically and internationally, in recent years. Most studies of these alliances have employed traditional theories such as transaction cost analysis. However some scholars comment that the unique characteristics of this type of interfirm collaboration challenge the explanatory power of these theories. This article is an exploratory attempt to explain strategic alliance formation from the resource-based approach, which has so far been neglected by researchers in this area. Five major motives for strategic alliance, namely creation of rents, expansion of resource usage, diversification of resource usage, imitation of resources and disposal of resources are discussed in detail. A brief comparison of the resource-based perspective with transaction cost theory is also made in the article.

Suggested Citation

  • Tsang, Eric W. K., 1998. "Motives for strategic alliance: A resource-based perspective," Scandinavian Journal of Management, Elsevier, vol. 14(3), pages 207-221, March.
    • Handle: RePEc:eee:scaman:v:14:y:1998:i:3:p:207-221
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    Citations

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    Cited by:

    1. Paulo Santos & Aurora A.C. Teixeira & Ana Brochado, 2006. "The ‘de-territorialisation of closeness’ - a typology of international successful R&D projects involving cultural and geographic proximity," FEP Working Papers 222, Universidade do Porto, Faculdade de Economia do Porto.
    2. Lin, Eric S. & Lin, Chia-Ling & Lin, Hui-Lin & Hsiao, Yi-Chi, 2023. "Is downsizing a good strategy during the downturn? Evidence from Taiwanese manufacturing firms," Japan and the World Economy, Elsevier, vol. 65(C).
    3. Ángeles Montoro-Sánchez & Marta Ortiz-de-Urbina-Criado & Ana M. Romero-Martínez, 2009. "The Decision to Use Alliances as Corporate Entrepreneurship: The Role of Resources and Skills," Group Decision and Negotiation, Springer, vol. 18(5), pages 431-448, September.
    4. Kevin Levillain & Blanche Segrestin, 2013. "Partnering to innovate or partnering innovation ? The binding effect of generative potentials," Post-Print hal-00920839, HAL.
    5. Bradley, Steven W. & Wiklund, Johan & Shepherd, Dean A., 2011. "Swinging a double-edged sword: The effect of slack on entrepreneurial management and growth," Journal of Business Venturing, Elsevier, vol. 26(5), pages 537-554, September.
    6. Famuyiwa, Oluwafemi & Monplaisir, Leslie & Nepal, Bimal, 2008. "An integrated fuzzy-goal-programming-based framework for selecting suppliers in strategic alliance formation," International Journal of Production Economics, Elsevier, vol. 113(2), pages 862-875, June.
    7. Krammer, Sorin M.S., 2016. "The role of diversification profiles and dyadic characteristics in the formation of technological alliances: Differences between exploitation and exploration in a low-tech industry," Research Policy, Elsevier, vol. 45(2), pages 517-532.
    8. Thorgren, Sara & Wincent, Joakim & Eriksson, Jessica, 2011. "Too small or too large to trust your partners in multipartner alliances? The role of effort in initiating generalized exchanges," Scandinavian Journal of Management, Elsevier, vol. 27(1), pages 99-112, March.
    9. Marzanna Katarzyna Witek-Hajduk & Anna Napiórkowska, 2017. "A Framework of Retailer-Manufacturer Cooperation and Coopetition: Consumer Durable Goods Retailers’ Case Studies," Entrepreneurial Business and Economics Review, Centre for Strategic and International Entrepreneurship at the Cracow University of Economics., vol. 5(1), pages 59-76.
    10. Andrea Cardoni & Filippo Zanin & Francesca Bartolacci & George H. (Jody) Tompson, 2018. "Strategic planning for value creation in business networks. Conceptual framework and theoretical proposals," MANAGEMENT CONTROL, FrancoAngeli Editore, vol. 2018(1), pages 17-44.
    11. Asif Siddiqui & Dora Marinova & Amzad Hossain, 2016. "Venture Capital Networks in Australia: Emerging Structure and Behavioural Implications," Journal of Management and Sustainability, Canadian Center of Science and Education, vol. 6(2), pages 21-35, June.
    12. Sambasivan, Murali & Siew-Phaik, Loke & Abidin Mohamed, Zainal & Choy Leong, Yee, 2013. "Factors influencing strategic alliance outcomes in a manufacturing supply chain: Role of alliance motives, interdependence, asset specificity and relational capital," International Journal of Production Economics, Elsevier, vol. 141(1), pages 339-351.

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