Please use this identifier to cite or link to this item: https://scholarbank.nus.edu.sg/handle/10635/44802
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dc.titlePrecarious collaboration: Business survival after partners shut down or form new partnerships
dc.contributor.authorSingh, K.
dc.contributor.authorMitchell, W.
dc.date.accessioned2013-10-10T02:49:32Z
dc.date.available2013-10-10T02:49:32Z
dc.date.issued1996
dc.identifier.citationSingh, K.,Mitchell, W. (1996). Precarious collaboration: Business survival after partners shut down or form new partnerships. Strategic Management Journal 17 (SUPPL. SUMMER) : 99-115. ScholarBank@NUS Repository.
dc.identifier.issn01432095
dc.identifier.urihttp://scholarbank.nus.edu.sg/handle/10635/44802
dc.description.abstractBusinesses often benefit by forming alliances with other firms but risk becoming dependent on their partners. We discuss two situations in which dependence may create serious problems: first, if a partner shuts down and, second, if a partner forms a relationship with a new partner. We examine collaborative relationships formed by businesses operating in the U.S. hospital software systems industry during the 1961-91 period. We find that businesses faced increased risk of dissolution if they did not form new partnerships after partners shut down or formed collaborative relationships with new partners. The results have implications for developing an evolutionary theory of business strategy and performance. Our approach implies that the performance of a focal business often depends on how the strategies of its business partners evolve over time. An evolutionary theory of strategy must incorporate key characteristics of actions and relationships throughout a web of business partnerships. The dual nature of interfirm relationships, which both help a business survive at one time and inhibit its ability to adapt at another, helps explain why so many successful businesses fail when their environments change.
dc.sourceScopus
dc.subjectBusiness survival
dc.subjectCollaboration
dc.subjectEvolutionary strategy
dc.typeArticle
dc.contributor.departmentBUSINESS POLICY
dc.description.sourcetitleStrategic Management Journal
dc.description.volume17
dc.description.issueSUPPL. SUMMER
dc.description.page99-115
dc.description.codenSMAJD
dc.identifier.isiutNOT_IN_WOS
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