I examine how firms use alliances to respond to the alliance networks of their rivals, by either allying with their rivals’ partners or by building countervailing alliances. Evidence from the global airline industry (1994–98) suggests that these strategic responses depend on alliance cospecialization. Cospecialized alliances by rivals may involve exclusivity, precluding alliances with the rival...

The purpose of this study is to model the formation and success of innovative strategic alliances and international joint-ventures, in particular, for Korea. Especially for such high risky market entries it is argued that incorporating a suitable treatment of irreversibility, uncertainty and flexibility related to a multinational enterprise (MNE) entry decision gives further insights to the exp...

For any simple connected graph $G=(V,E)$, a defensive alliance is a subset $S$ of $V$ satisfying the condition that every vertex $vin S$ has at most one more neighbour in $V-S$ than it has in $S$. The minimum cardinality of any defensive alliance in $G$ is called the alliance number of $G$, denoted $a(G)$. In this paper, we introduce a new type of alliance number called $k$-strong alliance numb...

This paper introduces a social network perspective to the study of strategic alliances. It extends prior research, which has primarily considered alliances as dyadic exchanges and paid less attention to the fact that key precursors, processes, and outcomes associated with alliances can be defined and shaped in important ways by the social networks within which most firms are embedded. It identi...

The literature on strategic alliances is vast. Most authors are pro-alliances and the casual reader may thereby be lulled into a false sense of security concerning the advantages of strategic alliances. There are several possible advantages of strategic alliances however by joining an alliance several opportunities are also forsaken. The opposite strategic option, a "go it alone strategy" gener...