International strategic alliances have become overwhelmingly used in today’s business environment. However, most of these alliances feature a very high rate of unsuccessfulness. Usually, business partners’ cultural distance is regarded as one of the main reasons that lead these alliances to their failure. Therefore, it is thought that companies belonging to similar national cultural environment...

This paper examines how information asymmetry affects cross-border strategic alliance formation by US firms over the period 2000–2008. We construct a measure, information costs, based on both geographical distance and the proportion of worldwide GDP the partner’s home country represents. Consistent with our expectations, we find an inverse association between information costs and cross-border ...

States form defensive military alliances to enhance their security in the face of potential or realized interstate conflict. The network of these international alliances is increasingly interconnected, now linking most of the states in a complex web of ties. These alliances can be used both as a tool for securing cooperation and to foster peace between direct partners. However, do indirect conn...

Although trust has been given much attention in alliance literature as an explanatory factor, little research has been devoted to defining and operationalizing trust. Trust is more or less seen as a magic ingredient, poorly understood much like the concept of luck, and usually attributed ex post; successful alliances seem to involve trust; unsuccessful alliances do not. The extant literature ha...

With China’s rapid economic growth in recent years, many Chinese firms especially in high-tech industries have started to technically lead in the international market. In this study, we aim to uncover the root causes that lead to Chinese firms’ catching up from network perspective. By taking Huawei Technologies Co. Ltd. as a case, we integrate absorptive capacity development and firm-level catc...

Although the literature on organizational alliances and networks focuses primarily on private sector organizations, public sector organizations have long confronted pressures to manage their environments through the formation of alliances. Moreover, several organizational theorists have posited that private and public sector alliances are becoming more prevalent, particularly in the realm of re...

Introducing the unique characteristics of the international marine transport industry, this paper examines whether load capacity is excessive or insufficient in the presence of uncertainty on the future economic situation in terms of both welfare of one country and global welfare. We also consider the effect of alliances and the application of antitrust immunity on capacity building of shipping...