Research Papers

 

Value Destruction in Joint Ventures?

(Brandeis Working Paper) Finds and explores a striking empirical pattern: U.S. multinationals’ joint ventures abroad are substantially and systematically less…

The Logic of Alliance Fads: Why Collective Competition Spreads

(Oxford University Press chapter, forthcoming) Alliances often seem to spread in waves. This paper uses field data and the literature…

How Alliances Reshape Competition

(Handbook of Strategic Alliances) Alliances are intended to help firms cooperate better and also to help them compete better. Are…

Competitive Advantage in Alliance Constellations

(Strategic Organization) What determines the success of a firm competing as part of an alliance constellation? The elements of a…

The Logic of Alliance Fads: Why Collective Competition Spreads

(Oxford University Press chapter, forthcoming) Alliances often seem to spread in waves. This paper uses field data and the literature…

Alliance Strategies of Small Firms

(Small Business Economics) Concludes that small firms follow one of two alliance strategies. When the firms are small relative to…

Group versus Group: How Alliance Networks Compete

By Ben Gomes-Casseres | Originally in HARVARD BUSINESS REVIEW | Collaboration in business is no longer confined to conventional two-company alliances, such…

Joint Venture Instability: Is It A Problem?

(Columbia Journal of World Business, 1997) Examines evidence of instability (or survival) of joint ventures of U.S. manufacturing affiliates abroad….

Firm Ownership Preferences and Host Government Restrictions

(Journal of International Business Studies, 1990) Integrates two approaches to explanation of ownership choices: transaction-cost economics and business-government bargaining. Tests…

Ownership Structure of Foreign Subsidiaries

(Journal of Economic Behavior and Organization, 1989) Examines how U.S. MNCs select ownership structures of foreign subsidiaries. Model based on…

Joint Ventures in the Face of Global Competition

(Sloan Management Review) Presents a framework to help managers decide when to use a joint venture in investments abroad. Factors…

Joint Venture Cycles: The Evolution of Ownership Strategies of U.S. MNEs, 1945-75

(in Cooperative Strategies in Internaitonal Business, eds. Farok Contractor and Peter Lorange, 1988) Explores trends in joint venture formation over…

Do alliances promote knowledge flows?

(Journal of Financial Economics, 2006) Explores the role of interfirm alliances as a mechanism for sharing technological knowledge. Finds that…

Small Firms in International Competition

(in Peter Buckley, edited volume, 1995) Examines the sources of competitive advantage of small firms in global competition.

How Divestments Create Value — The Case of Yahoo!

By Ben Gomes-Casseres | Originally in HARVARD BUSINESS REVIEW | Just as the M&A party appears to be winding down, the divestment…

Sources of Joint Value — Questions About Pfizer-Allergan

By Ben Gomes-Casseres | Originally in HARVARD BUSINESS REVIEW |   Pfizer and Allergan are set to merge in the biggest combination…

The Three Laws of Business Combinations — Excerpt of Remix Strategy

By Ben Gomes-Casseres | Originally in HARVARD BUSINESS REVIEW |   When you look to external partners for acquiring resources and capabilities,…

Value Destruction in Joint Ventures?

(Brandeis Working Paper) Finds and explores a striking empirical pattern: U.S. multinationals’ joint ventures abroad are substantially and systematically less…

Alliances: Encyclopedia Definition

(Encyclopedia International Political Economy) An inter-firm alliance is an organizational structure to govern an incomplete contract between separate firms and…