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| Author: | Pangarkar, N. |
| Title: | Do firms learn from alliance terminations? An empirical examination |
| Journal: | Journal of Management Studies
2009 : SEP, VOL. 46:6 p. 982-1004 |
| Index terms: | bio-technology industry multivariate analysis empirical research organizational learning joint business ventures data analysis |
| Freeterms: | strategic alliances |
| Language: | eng |
| Abstract: | In this article, it is argued that enterprises that have earlier experienced terminations are less likely to have their future alliance terminated. The main argument is that prior terminations will make possible for firms to plan better alliances and adopt more appropriate alliance management strategies to avoid future terminations. It is also hypothesized that termination experience will have an effect on the relationship between alliance formation experience and likelihood of termination. The caseĀcontrol methodology was used to select a sample of 198 alliances from the global biotechnology industry, and employed logistic regression analysis to test the hypotheses in a multivariate setting. The analysis strongly supports both hypotheses. |
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