Resource-based View of Strategic Alliance Formation: Strategic and Social Effects in Entrepreneurial Firms

  title={Resource-based View of Strategic Alliance Formation: Strategic and Social Effects in Entrepreneurial Firms},
  author={Kathleen M. Eisenhardt and Claudia Bird Schoonhoven},
  journal={Organization Science},
Why do firms form strategic alliances? The traditional theoretical answer has been transaction cost explanations. Yet, these explanations which center on transaction characteristics, static efficiency, and routine situations do not capture the strategic and social factors which propel many firms into alliance formation. In this study, however, we combine these alternative social and strategic explanations for alliance formation. Consistent with these explanations, we find that alliances form… Expand
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