Co-evolutionary dynamics in strategic alliances: the influence of the industry lifecycle

Niki Hynes, Juliette Wilson

Research output: Contribution to journalArticle

8 Citations (Scopus)

Abstract

This study examines the application of the co-evolution literature to strategic alliance formation in SME’s in the UK and Australia in two differing industries at different stages of the industry life-cycle. Extending the framework developed by Das and Teng (2002) and that of Wilson and Hynes (2009), it engages with wider industry and environmental characteristics present in these two countries, specifically examining whether different theories of alliance formation are better suited to different stages of an industry life cycle. The issues discussed above are explored and developed through the use of a qualitative case study approach. Findings indicate strong resource-based drivers for alliance formation in both industries, with firms dependent on the co-evolution of their alliances and indeed selected by the results of their alliance participation. However, differences emerged in the strategic use of alliances in these two industries. The influence of the stage of the industry life cycle on this is discussed.
LanguageEnglish
Pages1169-1175
Number of pages7
JournalTechnological Forecasting and Social Change
Volume79
Issue number6
DOIs
Publication statusPublished - Jul 2012

Fingerprint

Industry
Life Cycle Stages
Life cycle
Strategic alliances
Evolutionary dynamics
Industry life cycle
Alliances
Alliance formation
Coevolution

Keywords

  • co-evolution
  • industry
  • life cycle
  • case study
  • strategic alliances
  • organizational strategy

Cite this

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Co-evolutionary dynamics in strategic alliances : the influence of the industry lifecycle. / Hynes, Niki; Wilson, Juliette.

In: Technological Forecasting and Social Change, Vol. 79, No. 6, 07.2012, p. 1169-1175.

Research output: Contribution to journalArticle

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