search query: @indexterm Market search / total: 19
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| Author: | Park, S. H. Chen, R. Gallagher, S. |
| Title: | Firm resources as moderators of the relationship between market growth and strategic alliances in semiconductor start-ups |
| Journal: | Academy of Management Journal
2002 : JUN, VOL. 45:3, p. 527-545 |
| Index terms: | Alliances Strategic management Joint business ventures Market search Electricity industry |
| Language: | eng |
| Abstract: | The article examines interactions between internal and external drivers of alliance formation. The authors argue that firms' use of alliances as a mechanism to adapt to market uncertainties is contingent on internal resource conditions. The results indicate that, in volatile markets, resource-rich firms access external resources through alliances whereas resource-poor firms are less likely to do so. In relatively stable markets, this relationship reverses, and resource-poor firms become more active in alliance formation. |
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