This paper presents one-to-one matching and assignment problems with externalities across pairs such as figure skating competition joint ventures in oligopolistic markets. In these models, players care not only about their partners but also which how many rival are formed. Thus, it is important for a deviating pair to know will realize after deviates from (an effectiveness function) order defin...

The aim of this paper is to investigate the impact of the firms’ behavior in the product market on their decisions at the R&D stage. We compare the consequences of the Stackelberg-type competition of two firms for the R&D investments with the situation of a cartelized industry under the assumption of quadratic cost functions. Numerical analysis shows that the lowest values of R&D efforts occur ...

This paper links the declining propensity of multinational firms to share ownership of their foreign operations to increasing returns to coordination associated with managing globalized operations. The paper isolates the characteristics associated with the decision to share ownership in international operations and then employs two exogenous shifts in the relative cost of sharing ownership to i...

Existing research in the social network and alliance literatures shows that the embedding of alliance activity in the network structure that results from prior partnerships influences patterns of new tie formation, but has not examined whether such network embeddedness affects the failure rate of the ties that are formed. We focus empirically on the unplanned dissolution of joint ventures betwe...

This article examines how multiple ownership changes unfold in international equity joint venture (IEJV) evolution and how such repeated changes impact short-term performance and long-term survival. By theorizing a new concept—the trap of continual change—in the IEJV context, we challenge the adaptive viewpoint assumed in alliance dynamics research. We propose that partners sometimes respond to...

This paper focuses on organizational learning and knowledge management through research joint ventures (RJVs) and explores the conditions that influence RJV performance. Using data from 247 Europeans firms involved in RJVs we identified four groups of RJVs according to the perceived value of RJV and the RJV performance. The effect of the locus of RJV and the learning and knowledge management on...

The aim of this paper is to test the determinants of Research Joint Ventures’ (RJVs) group dynamics. We look at entry, exit and turbulence in RJVs that have been set up under the US National Cooperative Research Act, which allows for certain antitrust exemptions in order to stimulate firms to cooperate in R&D. Accounting for unobserved project characteristics and controlling for inter-RJV inter...