Impact of Strategic Alliances on Financial Performance of Technology-based Ventures

战略联盟对科技企业财务绩效的影响

• 批准号: 9223818
• 负责人: Claudia Schoonhoven
• 金额: $ 14.52万
• 依托单位: San Jose State University Foundation
• 依托单位国家: 美国
• 项目类别: Continuing Grant
• 财政年份: 1993
• 资助国家: 美国
• 起止时间: 1993-04-01 至 1995-09-30
• 项目状态: 已结题
• 来源: https://www.nsf.gov/awardsearch/showAward?AWD_ID=9223818&HistoricalAwards=false
• 关键词: Impact; Strategic; Alliances; Financial; Performance

New firms face a number of performance obstacles created by their newness and small size. These obstacles include lack of legitimacy in the industry and marketplace, the challenge of raising sufficient capital, and the risks and uncertainties of new technology development. Yet, some entrepreneurs transform these obstacles into opportunities by using their newness, small size, and cutting edge technologies to attract other firms in cooperative relationships, called strategic alliances. The strategy of allying with other organizations has become increasingly prevalent, and yet little is known about the objective value of such relationships to new ventures. Using a longitudinal data base on a population of 102 new ventures in the U.S. semiconductor industry which have created 635 strategic alliances with other firms, this research tests a model of financial performance and strategic alliances. Among the variables to be investigated in the research as factors affecting financial performance are: (1) alliance partner attributes such as relative power, cultural distance, and prominence; (2) the number and type of strategic alliances formed; (3) technological innovativeness; (4) strength of the founding top management team; (5) organizational resources like investment capital raised; and (6) broader market conditions.

新公司面临着一些业绩障碍， 新颖小巧。 这些障碍包括缺乏 行业和市场的合法性， 筹集足够的资本，以及风险和不确定性， 新技术开发。 然而，一些企业家转变 这些障碍转化为机遇， 规模和尖端技术，以吸引其他公司， 合作关系，称为战略联盟。 的 与其他组织结盟的战略已经成为 越来越多的人知道，但很少有人知道。 这种关系对新企业的客观价值。 使用102名新人口的纵向数据库 美国半导体行业的合资企业， 635与其他公司的战略联盟，这项研究测试了一个 财务绩效模型和战略联盟。 之间 研究中要调查的变量作为因素 影响财务绩效的因素有：（1）联盟伙伴 相对权力、文化距离等属性， 战略联盟的数量和类型 形成;（3）技术创新;（4）实力 创建高层管理团队;（5）组织资源，如 筹集的投资资金;（6）更广泛的市场条件。