کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
1019805 940694 2008 17 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Financial slack and venture managers' decisions to seek a new alliance
موضوعات مرتبط
علوم انسانی و اجتماعی مدیریت، کسب و کار و حسابداری کسب و کار و مدیریت بین المللی
پیش نمایش صفحه اول مقاله
Financial slack and venture managers' decisions to seek a new alliance
چکیده انگلیسی

We examine two distinct perspectives to analyze the role of financial slack in the decisions of technology venture managers to seek strategic alliances. According to the capabilities perspective, financial slack provides managers with the ability to maximize the benefits from acquiring missing capabilities through alliance formation, whereas according to the resource dependence perspective, financial slack buffers the managers' motivations to seek alliances as a reaction to external environmental scarcity. Drawing on an experimental design and data on 1632 decisions nested within 51 managers, we find support for a combined perspective demonstrating that managerial discretion in the form of financial slack moderates how internal capabilities and context encourage managers to seek alliances. We discuss implications of our work for the alliance literature.

ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Journal of Business Venturing - Volume 23, Issue 4, July 2008, Pages 465–481
نویسندگان
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