Conduits of Innovation or Imitation? Assessing the Effect of Alliances on the Persistence of Profits in U.S. Firms

dc.contributor.authorSERGIO GIOVANETTI LAZZARINI
dc.contributor.authorBrito, Luiz A. L.
dc.contributor.authorChaddad, Fabio R.
dc.coverage.cidadeRio de Janeiropt_BR
dc.coverage.paisBrasilpt_BR
dc.creatorBrito, Luiz A. L.
dc.creatorChaddad, Fabio R.
dc.date.accessioned2022-10-11T20:46:50Z
dc.date.available2022-10-11T20:46:50Z
dc.date.issued2012
dc.description.otherThis paper examines if a firm’s alliances affect the persistence of its financial performance. The literature suggests two conflicting views concerning this effect. In particular, access to resources and innovation and the risk of imitation from alliances can have different impacts on performance. In our empirical analysis, based on a panel of 509 firms covering the years 1992 to 2002, return on assets was regressed on the number of alliances and other control variables using hierarchical linear modeling. Results support the positive view of alliances as mechanisms to sustain competitive advantage and escape from competitive disadvantage through access to external, valuable resources held by other firms. Alliances also help firms to constantly innovate and buffer themselves from external shocks that erode existing advantages. Our results, however, may be specific to the period and the institutional context under consideration and we do not distinguish between types, purposes and “strength” of alliances. We contribute to the debate about profit persistence by examining one particular factor that has been neglected in the literature: the extent to which firms engage in alliances with other actors. From a managerial perspective, our study shows that alliances can be used as an effective tool to support superior performance or avoid lock-in into inferior performance.pt_BR
dc.format.extentp. 1-17pt_BR
dc.format.mediumDigitalpt_BR
dc.identifier.doihttps://doi.org/10.1590/S1807-76922012005000001pt_BR
dc.identifier.issue1pt_BR
dc.identifier.urihttps://repositorio.insper.edu.br/handle/11224/4248
dc.identifier.volume10pt_BR
dc.language.isoInglêspt_BR
dc.publisherAssociação Nacional de Pós-Graduação e Pesquisa em Administraçãopt_BR
dc.relation.ispartofBrazilian Journal of Probability and Statisticspt_BR
dc.rights.licenseO INSPER E ESTE REPOSITÓRIO NÃO DETÊM OS DIREITOS DE USO E REPRODUÇÃO DOS CONTEÚDOS AQUI REGISTRADOS. É RESPONSABILIDADE DOS USUÁRIOS INDIVIDUAIS VERIFICAR OS USOS PERMITIDOS NA FONTE ORIGINAL, RESPEITANDO-SE OS DIREITOS DE AUTOR OU EDITORpt_BR
dc.subject.keywordsalliancespt_BR
dc.subject.keywordspersistencept_BR
dc.subject.keywordssustainabilitypt_BR
dc.subject.keywordsperformancept_BR
dc.titleConduits of Innovation or Imitation? Assessing the Effect of Alliances on the Persistence of Profits in U.S. Firmspt_BR
dc.typejournal article
dspace.entity.typePublication
local.identifier.sourceUrihttps://www.scielo.br/j/bar/a/GG8kPvqJYdddnDpPkfBCmgw/?lang=en
local.subject.cnpqCiências Sociais Aplicadaspt_BR
local.typeArtigo Científicopt_BR
relation.isAuthorOfPublication4ee022f9-7466-405d-ae1a-6b1e33f611e8
relation.isAuthorOfPublication.latestForDiscovery4ee022f9-7466-405d-ae1a-6b1e33f611e8

Arquivos

Pacote original

Agora exibindo 1 - 2 de 2
N/D
Nome:
R_Artigo_2013_Conduits of Innovation or Imitation_TC.pdf
Tamanho:
379.73 KB
Formato:
Adobe Portable Document Format
Descrição:
R_Artigo_2013_Conduits of Innovation or Imitation_TC
Imagem de Miniatura
Nome:
Acesso_Primeira Pagina_Conduits of Innovation or Imitation Assessing the Effect of Alliances on the Persistence of Profits in U.S. Firms.pdf
Tamanho:
121.81 KB
Formato:
Adobe Portable Document Format

Licença do pacote

Agora exibindo 1 - 1 de 1
N/D
Nome:
license.txt
Tamanho:
282 B
Formato:
Item-specific license agreed upon to submission
Descrição: