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: 9712337
• 负责人: Claudia Schoonhoven
• 金额: $ 6.27万
• 依托单位: Dartmouth College
• 依托单位国家: 美国
• 项目类别: Standard Grant
• 财政年份: 1997
• 资助国家: 美国
• 起止时间: 1997-03-15 至 2000-11-30
• 项目状态: 已结题
• 来源: https://www.nsf.gov/awardsearch/showAward?AWD_ID=9712337&HistoricalAwards=false
• 关键词: Impact; Strategic; Alliances; Financial; Performance

This research continues work done under SBR-9223818 examining the performance obstacles new firms face as a consequence of 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 ofnew 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.

本研究继续在SBR-9223818下完成的工作，研究新公司面临的业绩障碍，因为它们的新性和小规模。 这些障碍包括行业和市场缺乏合法性，筹集足够资金的挑战以及新技术开发的风险和不确定性。 然而，一些企业家利用他们的新，小规模和尖端技术，以吸引其他公司的合作关系，称为战略联盟，将这些障碍转化为机会。 与其他组织结盟的战略已变得越来越普遍，但人们对这种关系对新企业的客观价值知之甚少。 本研究以美国半导体产业102家新创企业为研究对象，选取635家与其他企业建立战略联盟的新创企业为研究对象，对财务绩效与战略联盟的关系模型进行了实证检验。 作为影响财务绩效的因素，本研究调查的变量有：（1）联盟伙伴属性，如相对权力、文化距离和知名度;（2）战略联盟的数量和类型;（3）技术创新;（4）创始高层管理团队的实力;（5）组织资源，如筹集的投资资金;（6）战略联盟的规模和规模;（7）战略联盟的规模和规模;（8）战略联盟的规模和规模;（9）战略联盟的规模和规模;（10）战略联盟的规模和规模;（11）战略联盟的规模和规模;（12）战略联盟的规模和规模;（13）战略联盟的规模和规模;（14）战略联盟的规模和规模;（15）战略联盟的规模和规模;（16）战略联盟的规模和规模;（17）战略联盟的规模和规模;（18）战略联盟的规模和规模;（19）战略联盟的规模和规模;（19）战略联盟的规模和规模;（19）战略联盟的规模和规模;（19）战略联盟的规模和（6）市场条件。