Walking a tightrope: Creating value through interorganizational relationships

    Authors

    B. R. Barringer;J. S. Harrison

    Comments

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    Abbreviated Journal Title

    J. Manage.

    Keywords

    INTERNATIONAL STRATEGIC ALLIANCES; JOINT-VENTURES; COMPETITIVE; ADVANTAGE; INTERLOCKING DIRECTORATES; NETWORK ORGANIZATIONS; DEVELOPMENT; CONSORTIA; ABSORPTIVE-CAPACITY; PRODUCT DEVELOPMENT; STAKEHOLDER THEORY; HIGH-TECHNOLOGY; Business; Psychology, Applied; Management

    Abstract

    This paper provides an overview of the literature ob interorganizational relationships. Although the literature on interorganizational relationships is extensive, a pervasive theme that is either explicit or implicit in the majority of the articles is the simple notion of whether interorganizational relationships make sense and whether the advantages outweigh the disadvantages. This article reviews six widely used theoretical paradigms that explain interorganizational relationship formation including transaction costs economic, resource dependency, strategic choice, stakeholder theory, organizational learning, and institutional theory. Although each paradigm alone is insufficient to capture the complexities of interorganizational relationship formation, the fact that interorganizational relationships can be justified from such diverse theoretical backgrounds is impressive. The paper also reviews the six forms of interorganizational relationships most commonly pursued in practice and discussed in the literature, including joint ventures, networks, consortia, alliances, trade associations, and interlocking directorates. Through these discussions, we elaborate on the potential advantages and disadvantages of participation in interorganizational relationships. (C) 2000 Elsevier Science Inc. All rights reserved.

    Journal Title

    Journal of Management

    Volume

    26

    Issue/Number

    3

    Publication Date

    1-1-2000

    Document Type

    Review

    Language

    English

    First Page

    367

    Last Page

    403

    WOS Identifier

    WOS:000088751800001

    ISSN

    0149-2063

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