Journal ArticleDOI
Collective Strategy: Vice or Virtue?
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TLDR
In this paper, the authors examine opportunities and risks of collective strategies and present a model which provides an integrated analysis of the consequences of collective strategy; it highlights the dialectical relationship between collective and competitive strategies.Abstract:
This study examines opportunities and risks of collective strategies. Some dysfunctional outcomes of collective strategies include their tendencies: to reduce strategic flexibility; to increase the impact of external disturbances; to lower organizational adaptability; and to attract new entrants. A model is developed which provides an integrated analysis of the consequences of collective strategy; it highlights the dialectical relationship between collective and competitive strategies. Possibilities for avoiding or muting the dysfunctions of collective strategies are discussed.read more
Citations
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Strategic Alliance Structuring: A Game Theoretic and Transaction Cost Examination of Interfirm Cooperation
TL;DR: In this paper, game theoretic structural dimensions and institutional responses to perceived opportunism in the study of voluntary interfirm cooperation are examined in 111 inter-irm alliances and found that some alliance structures are inherently more likely than others to be associated with high opportunity to cheat, high behavioral uncertainty, and poor stability, longevity and performance.
Journal ArticleDOI
Walking a Tightrope: Creating Value Through Interorganizational Relationships
TL;DR: In this article, the authors provide an overview of the literature on interorganizational relationships, including transaction costs economics, resource dependency, strategic choice, stakeholder theory, organizational learning, and institutional theory.
Journal ArticleDOI
The Co-Evolution of Strategic Alliances
Mitchell P. Koza,Arie Y. Lewin +1 more
TL;DR: In this article, a co-evolutionary theory of strategic alliances is proposed, in which strategic alliances are embedded in a firm's strategic portfolio, and coevolve with the firm's strategy, the institutional, organizational and competitive environment, and with management intent for the alliance.
Journal ArticleDOI
Competition, cooperation, and the search for economic rents: a syncretic model
TL;DR: In this article, the notion of syncretic rent-seeking behavior is proposed to explain how firms generate economic rents through competition and cooperation, and a four-cell typology of rentseeking strategic behaviors is developed.
Journal ArticleDOI
When competition eclipses cooperation: an event history analysis of joint venture failure
Seung Ho Park,Michael V. Russo +1 more
TL;DR: In this article, the authors identify several predictors of joint venture failure and test for their influences, finding that the presence of competition between joint venture partners outside of the agreement significantly impairs chances for the operation's chance of survival.
References
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Book
A Behavioral Theory of the Firm
Richard M. Cyert,James G. March +1 more
TL;DR: In this paper, the authors present an overview of basic concepts in the Behavioral Theory of the Firm, and present a specific price and output model for a specific type of products. But they do not discuss the relationship between the two concepts.
Book
Steps to an Ecology of Mind
TL;DR: Gregory Bateson was a philosopher, anthropologist, photographer, naturalist, and poet, as well as the husband and collaborator of Margaret Mead as discussed by the authors, and his major work will continue to delight and inform generations of readers.