Evolution in the Corporate Venturing Alliances

Interfirm collaboration has been a central issue in the field of strategic management. However, most of research has focused on initial governance design issues, such as the choice of equity or non-equity collaboration, or formal or informal collaboration agreement. As strategic alliances have presented various post-formation dynamics, post-formation alliance management is equally important as initial governance design. Even some post-formation alliance dynamics has been investigated, most of them put emphasis on whether an alliance terminate or not without studying a more refined dynamic process. To get a better understanding of the pattern of post-formation dynamics and its causes, we base on the empirical context of corporate venturing collaboration and begin with investigating the effects of environmental changes, and examine the interaction effects from environmental changes and alliance experience subsequently.

Project ID:PF9709-0831
External Project ID:NSC97-2410-H182-002