scholarly journals Spinoffs’ alliance network growth beyond parental ties: performance diminishing, then performance enhancing

Author(s):  
Forough Zarea Fazlelahi ◽  
J. Henri Burgers ◽  
Martin Obschonka ◽  
Per Davidsson

Abstract Spinoff firms are a common phenomenon in entrepreneurship where employees leave incumbent parent firms to found their own. Like other types of new firms, such new spinoffs face liabilities of newness and smallness. Previous research has emphasised the role of the initial endowments from their parent firm to overcome such liabilities. In this study, we argue and are the first to show, that, in addition to such endowments, growing an alliance network with firms other than their parents’ is also critical for spinoff performance. Specifically, we investigate the performance effect of alliance network growth in newly founded spinoffs using a longitudinal sample of 248 spinoffs and 3370 strategic alliances in the mining industry. Drawing on theory based on the resource adjustment costs of forming alliances, we posit and find a U-shaped relationship between the alliance network growth and spinoff performance, above and beyond the parent firm’s influence. We further hypothesise and find that performance effects become stronger with increased time lags between alliance network growth and spinoff performance, and when spinoffs delay growing their alliance networks. Implications for theory and practice are discussed.

Author(s):  
Renata Maria de Almeida Bastos Gomes ◽  
Fabio de Oliveira Paula ◽  
T. Diana L. van Aduard de Macedo-Soares

Purpose The shopping center (SC) industry in emerging countries has grown fast over the past decade; however, recently, it is showing signs of slowing down. Nevertheless, some SC-companies perform well. As those firms operate in alliance networks, relational opportunities and risks should be considered in their strategic analyses. Although there is a significant amount of research on SC from a marketing perspective, there is a dearth of research on strategic alliances from an SC management perspective. This paper aims at answering the following question: How do characteristics of the alliance networks of leading SC-companies contribute to their success by mitigating the structural threats the SC-industry in Brazil is facing? Design The case study method was adopted for analyzing two leading Brazilian SC-companies. Several data sources were used to allow for data triangulation. The lack of literature on strategic alliances and the SC-industry, as well as the research’s exploratory nature, justified this choice. Findings The research made evident that the SC-companies’ alliance network characteristics not only mitigate some of the structural industry threats but also enhance opportunities. It illustrated how firms can conduct a strategic analysis from a network perspective with the right tools. It also made evident how much more accurate the results of a comprehensive relational analysis are compared with traditional analyses that do not consider the strategic implications of relational factors. Practical implications The research contributed to SC management by highlighting the importance of taking into account the network characteristics of their relationships with key partners and of considering these as alliances and not merely contractual arrangements. Originality/value There is a dearth of research on the strategic implications of alliances of firms that own and manage a portfolio of SCs, as well as of their relationships with other actors in the industry, such as retailers and real estate owners, from a network perspective.


2015 ◽  
Vol 21 (5) ◽  
pp. 614-626 ◽  
Author(s):  
Woojin Yoon ◽  
Diane Y. Lee ◽  
Jaeyong Song

AbstractThis paper investigates the effects on knowledge creation of network size and partner diversity formed through alliance relationships. These effects are tested empirically in the biotech industry setting, which is representative of industries that emphasize external collaboration. Using patent count as a proxy of knowledge creation, Poisson regression was employed to test our predictions empirically. The statistical results show an inverted U-shaped relationship between network size and knowledge creation. In addition, a negative relationship was observed between partner diversity and knowledge creation. This research suggests that small biotech firms should strive to achieve a balanced network size. Knowledge creation is better promoted in these firms through alliances with firms of similar organizational type. The value of this research lies in the fact that it provides new insight into properties of alliance networks by highlighting potentially negative consequences of having an oversized alliance network and partner diversity.


2021 ◽  
Vol 17 (3) ◽  
pp. 227-264
Author(s):  
Jesse Karjalainen ◽  
◽  
Aku Valtakoski ◽  
Ilkka Kauranen ◽  
◽  
...  

PURPOSE: The objective of this paper is to propose a concept of network resource distribution that systematically unifies the resource-based and network-based perspectives on interfirm networks and enables integrated analysis of how firm resources and network structure interact to affect firm performance. METHODOLOGY: This conceptual paper first reviews the extant literature on interfirm networks and then develops the unifying concept of network resource distribution. FINDINGS: The literature review indicates that strategy scholars have long sought to integrate the resource-based view and the social network explanations of firm performance but, thus far, only a partial integration has been achieved. In particular, studies on the resource-level heterogeneity of interfirm networks have largely been limited to the analysis of firm dyads. How firm resources and network structure beyond the immediate network partners interact to affect firm performance has not yet been adequately addressed. The proposed unified concept of network resource distribution systematizes prior research and illuminates how network structure and firm resources interact to affect firm performance beyond the immediate network partners. IMPLICATIONS FOR THEORY AND PRACTICE: For theory, this paper highlights gaps in the extant literature on interfirm networks and proposes a unifying concept that can be utilized to address these gaps and to develop further theory in the area. For practice, this paper encourages managers not to limit their analyses of strategic alliances to immediate partnerships; it is also crucial to consider the partners and their resources, and reflect on how they are related to one another outside of the immediate partnership portfolio. ORIGINALITY AND VALUE: Network resource distribution is a novel concept that ties together and systematizes various strands of research on interfirm networks, thus providing a foundation for future research in the area. The concept is also amenable to detailed operationalization, facilitating subsequent quantitative testing of theoretical arguments combining firm resources and the structure of a network.


2015 ◽  
Vol 10 (2) ◽  
pp. 198-203 ◽  
Author(s):  
Sian V. Allen ◽  
Tom J. Vandenbogaerde ◽  
Will G. Hopkins

Many national sporting organizations recruit talented athletes to well-resourced centralized training squads to improve their performance.Purpose: To develop a method to monitor performance progression of swimming squads and to use this method to assess the progression of New Zealand’s centralized elite swimming squad.Methods: Best annual long-course competition times of all New Zealand swimmers with at least 3 y of performances in an event between 2002 and 2013 were downloaded from takeyourmarks.com (~281,000 times from ~8500 swimmers). A mixed linear model accounting for event, age, club, year, and elite-squad membership produced estimates of mean annual performance for 175 swim clubs and mean estimates of the deviation of swimmers’ performances from their individual quadratic trajectories after they joined the elite squad. Effects were evaluated using magnitude-based inferences, with a smallest important improvement in swim time of –0.24%.Results: Before 2009, effects of elite-squad membership were mostly unclear and trivial to small in magnitude. Thereafter, both sexes showed clear additional performance enhancements, increasing from large in 2009 (males –1.4% ± 0.8%, females –1.5% ± 0.8%; mean ± 90% confidence limits) to extremely large in 2013 (males –6.8% ± 1.7%, females –9.8% ± 2.9%). Some clubs also showed clear performance trends during the 11-y period.Conclusions: Our method of quantifying deviations from individual trends in competition performance with a mixed model showed that Swimming New Zealand’s centralization strategy took several years to produce substantial performance effects. The method may also be useful for evaluating performance-enhancement strategies introduced at national or club level in other sports.


2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
I-Fan Yen ◽  
Hsin-Mei Lin

Purpose This paper aims to develop an integrated perspective on the relationship between multinationality and performance in the outward foreign direct investment (OFDI) of Chinese firms. The study not only represents contrasting OFDI patterns – namely, born global-natured multiple synchronous foreign investments versus conventional internationalization process (IP)-natured steady increasing foreign investments – but also contributes to understanding the extent to which explanations of home political influence need to be rooted within the general theory of multinationality. Design/methodology/approach By testing a comprehensive panel observation of 8,635 OFDI projects from 1991-2016 in China, this study found that multinationality with the new pattern of multiple synchronous OFDIs has a superior performance effect compared with the conventional pattern of steady increasing OFDIs. Findings This study also finds a positive relationship between multinationality (international diversification and home political influence) and the performance effect with the new pattern of multiple synchronous OFDIs, as well as a partial positive relationship between multinationality and the performance effect with the conventional pattern of steady increasing OFDIs. Research limitations/implications The study extends the understanding of the performance effects of Chinese multinational enterprises, which may benefit more from the new pattern of multiple synchronous OFDIs than from the conventional pattern of steady increasing OFDIs when the home-country institution is strongly positioned. Originality/value This paper concludes that multinationality needs an integrated framework that accounts for the new pattern of OFDI and the influence of diversification and home politics, particularly for the emerging country, China.


Entropy ◽  
2019 ◽  
Vol 21 (9) ◽  
pp. 859 ◽  
Author(s):  
Xin-Jie Zhang ◽  
Yong Tang ◽  
Jason Xiong ◽  
Wei-Jia Wang ◽  
Yi-Cheng Zhang

In many industries, partners are interconnected in project alliances that have limited lifespans and clearly-defined boundaries. The transparency of the movie industry provides a unique opportunity to study how alliance network topologies impact the performance of project alliances from the perspectives of social networks and organization theories. In this work, we compiled a massive movie dataset and constructed alliance networks for both movie production and distribution companies. Using the box office as the proxy for the financial performance of a movie project alliance, this research investigates how the two alliance networks impact the box office. We introduce the social network properties of degrees, centralities, and structural holes as alliance network variables into empirical regression models. The results show that alliance networks have a significant influence on the box office. The degrees of production companies and the structural holes of distribution companies are especially important to achieve success in the box office. The results add new evidence for the study of the movie economy and alliance networks. Meanwhile, this work also provides implications for the movie industry by revealing that it is essential to wisely choose partners that are appropriately embedded in alliance networks for the success of a movie project.


2021 ◽  
pp. 130-145
Author(s):  
D. M. Kovalchuk ◽  
M. A. Smagin

The article is devoted to the urgent problem of retaining young specialists at the enterprises of the Russian mining industry. It defines the importance of such an important area of work of personnel management services, as primary adaptation, for the successful solution of this problem. The complex content of adaptation programs for young specialists is revealed and the main strategies for their retention in modern conditions are outlined. At the theoretical level of consideration of the problem, general scientific research methods were used, as well as specific sociological analysis and content analysis of the works of leading Russian scientists in the field of personnel management. The applied significance of the article is to describe the practical work of the personnel management services of the Joint Stock Company ALROSA to retain young specialists at the mining industry enterprises.


2018 ◽  
Vol 34 (60) ◽  
Author(s):  
Carlos Hernán González-Campo

The 60th number of the Cuadernos de   Administración journal is the first one of 2018, a year in which we are consolidating this means of scientific dissemination, with the entry into several databases, the consolidation of our Editorial and Scientific committees and the process of internationalization of this publishing effort, which has promoted the dissemination of knowledge in Administration sciences throughout 42 years. On this occasion, the first paper entitled "Citizen participation through ICTs in the design of public policy in Colombia", presents the research results of a completed project, using data from 2013 and 2014, collected through surveys and interviews, to actors from different sectors in the department of Tolima, to assess the digitization strategy of the public sector. Opportunity strategies related to business competitiveness in restaurants in Mexico. Case: microenterprises in the municipality of Othón Payo. Blanco, Quintana Roo", is the second paper in this volume, wherein Mexican researchers analyze the relationship between organizational management and the business competitiveness of microenterprises in the restaurant sector in the municipality of Othón Payo Blanco, Quintana Roo. Among their main findings, they obtain that the business competitiveness in this region of Mexico is oriented towards technology and organizational culture, where strategic alliances are one of the strategies for achieving competitiveness within the sector. The third article is entitled "Quality Analysis of hotels service in Medellín through perceptual maps", is the result of a research wherefrom the perception of national and international guests staying in different hotels in Medellín, registered in the platform TripAdvisor, 57 hotels between 2005 and 2010 show that the factors most valued by guests are cleanliness, quality of rest and service above the location, price and comfort of the rooms, among others. "Sectorial adjustment costs induced by the Colombian pattern of international trade, 1991-2015", is the title of the fourth paper, wherein the authors analyze the adjustment costs induced by the Colombian international trade pattern for the 1991-2015 period; they calculate marginal intra-industrial trade indexes, adjustment costs and the use of the International Adjustment Cost Space and present different types of results. The fifth article, entitled "Craftsmanship and champeta: cultural industries and local development in the municipalities of Clemencia and María la Baja in the department of Bolívar", seeks to highlight the production process of cultural goods and services within the champeta manifestations and handicrafts in the municipalities of Clemencia and María la Baja in the department of Bolívar, where they are able to demonstrate local capacities for the creative production of goods. Finally, "Multi-business companies: The Leonisa case" is the name of the sixth paper in this volume, which presents the study of the joint management of multi-business companies, in an exploratory manner in the case study of the company Leonisa, a Colombian multi-business company in the textile sector. Among the relevant findings are the company not having a corporate center (CC) with a formal structure, but a multi-divisional structure from which to manage the business as a whole. It is important to remember that the content of each of these six papers is their authors' absolute liability and does not compromise the Universidad del Valle, nor the Faculty of Administration Sciences, and their dissemination is carried out for academic purposes, as a contribution to the scientific development of the area and to encourage debate on each of these issues. We thank each of the authors, the professional work of the referees who accompanied us in this issue, and especially you, our readers, for thinking of this means of dissemination as an option for consultation in the academic work you do. We hope to have publications from all members of this extended scientific community that we are trying to build and consolidate.


Author(s):  
Владимир Голик ◽  
Vladimir Golik ◽  
Вячеслав Дзапаров ◽  
Viacheslav Dzaparov ◽  
Георгий Харебов ◽  
...  

The article is devoted to the conversion of mining enterprises from open way of development of ore deposits into underground method of development. The aim is regulation of the main preparation stages of the mining industry to diversifi mining and ore processing. The research methodology includes a critical analysis of the theory and practice of production processes, development of recommendations and justifi of effi of modernization of the existing situation. The results of the research . The paper features a characteristic of mining methods and an analysis of their advantages and disadvantages. It formulates the present state of the mining industry in Russia in conditions of the market and toughening of requirements to environmental management. The article explains the environmental and resource essence of the technology of fi the mined-out space with hardening fi mixtures. It offers a description of the technology with the solvent extraction of metals from ore with a focus on underground solvent extraction of off-balance ore in the frame of the combined criterion of completeness of metal extraction technology. The model presented in the article is based on the effectiveness of mechanochemical activation of raw materials for the preparation of hardening fi mixtures. It defi the profi from the involvement of off-balance ore into the manufacture. The paper features the concept of state management of ore-bearing massifs on the basis of the regulation of natural and technogenic stress levels by fi the technological voids with hardening mixtures. Another concept described in the article is the production of metals by solvent extraction and aspects of its implementation, including that by disintegrator. The scope of the results implementation includes mining and processing enterprises, mainly non-ferrous ore exploiting metallurgy. Conclusions . Conversion to underground deposit development requires development of technologies of fi the technological voids with hardening mixtures. These technologies are based on utilization of tailings processing benefi and metallurgy after extracting from them the residual metals by, for example, mechanochemical activation. Comprehensive modernization of technology development increases the completeness of the use of sub-soil resources, contributes to the improvement of the economy of mining enterprises and to improvement of the environment.


2012 ◽  
Vol 15 (4) ◽  
pp. 402-415 ◽  
Author(s):  
Marlise Van Zyl ◽  
Yvonne Du Plessis

As a large part of South Africa’s economy is based on the mining industry, this research focused on exploring the coping strategies of business leaders in the mining industry during an economic downturn. Using qualitative research within a constructivist-interpretive paradigm, the researchers sought a deeper understanding of how mining leaders cope during an economic downturn. A purposive sample of seven executive mining leaders of different mining houses was interviewed and data was analysed using Atlas.ti. A conceptual framework for understanding coping strategies at the individual, group and organisational levels for business leaders during an economic downturn was developed and is discussed here. This study contributed to theory and practice by focusing on coping responses to specific situations within a specific context instead of on general coping strategies.


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