The Effect of Alliance Portfolio Size on Firm Performance Revisited
Author | : Tais Siqueira Barreto |
Publisher | : |
Total Pages | : 145 |
Release | : 2017 |
ISBN-10 | : OCLC:1006742667 |
ISBN-13 | : |
Rating | : 4/5 (67 Downloads) |
Download or read book The Effect of Alliance Portfolio Size on Firm Performance Revisited written by Tais Siqueira Barreto and published by . This book was released on 2017 with total page 145 pages. Available in PDF, EPUB and Kindle. Book excerpt: Alliance portfolios, or a firm collection of simultaneous alliances, have become common phenomena particularly in technology industries. These portfolios have been found to have a significant impact on firms' financial performance. At the same time, there is little consensus regarding the direction of this effect. Findings have shown positive, negative, curvilinear, and non-significant relationships. In this dissertation, I employed an organizational learning perspective to investigate the effect of alliance portfolio size on firm financial performance. Using a sample of 343 firm-year observations in the U.S. software industry, I explored portfolio- and firm-level characteristics as moderators of this relationship. Findings provide evidence for a curvilinear, inverted U-shaped relationship between portfolio size and firm performance that is moderated by the timing of the alliances within the portfolio and by the firms' Top Management Team (TMT) turnover.