Abstract
Relying on relational capital theory and transaction cost economics (TCE), this study identifies factors that impede or promote alliance formation in small to medium-sized enterprises (SMEs). Environmental uncertainty and knowledge intensity impede firms' R&D alliance formation; the focal firm's overall trust in partners enhances alliance formation. Trust interacts positively with environmental uncertainty and knowledge intensity to affect alliance formation in SMEs. The findings reflect data from a longitudinal sample of 854 German SMEs, captured over eight years from 1999 to 2007.
Original language | English (US) |
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Pages (from-to) | 2178-2185 |
Number of pages | 8 |
Journal | Journal of Business Research |
Volume | 66 |
Issue number | 11 |
DOIs | |
State | Published - Nov 2013 |
All Science Journal Classification (ASJC) codes
- Marketing
Keywords
- Alliance
- Environmental uncertainty
- Knowledge intensity
- R&D
- SMEs
- Trust