Research Papers

Competing in Groups

How Alliances Reshape Competition

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

Competing in Alliance Constellations: A Primer for Managers

(Carnegie Bosch Institute) When two or more firms link up in an alliance, they begin to reshape competition from a…

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 Ventures

CHAPTER: Profitability of JVs Abroad — A New Empirical Puzzle

By BENJAMIN GOMES-CASSERES, MAURICIO JENKINS, and PETER ZÁMBORSKÝ, in Farok Contractor and Jeffrey Reuer (eds.),Advancing the Frontiers of Alliance Research,…

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…

Innovation

CHAPTER: Entrepreneurship Through Mergers and Alliances — Schumpeter Remixed

By BENJAMIN GOMES-CASSERES, in Sharon Matusik and Jeffrey Reuer (eds.), Chapter 4, Handbook on Entrepreneurship and Collaboration, Oxford University Press,…

Do Alliances Promote Knowledge Flows?

By BENJAMIN GOMES-CASSERES, JOHN HAGEDOORN, and ADAM JAFFE, Journal of Financial Economics, 2006) Explores the role of interfirm alliances as…

Value Creation

CHAPTER: Profitability of JVs Abroad — A New Empirical Puzzle

By BENJAMIN GOMES-CASSERES, MAURICIO JENKINS, and PETER ZÁMBORSKÝ, in Farok Contractor and Jeffrey Reuer (eds.),Advancing the Frontiers of Alliance Research,…

Acquiring Value: Strategies for M&A — HBR Webinar

By Ben Gomes-Casseres | Webinar presented by HARVARD BUSINESS REVIEW | Alliances, partnerships, acquisitions, mergers, and joint ventures are no longer exceptions…

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,…

Working Papers

FORTHCOMING: Penrose in the New Economy

by BENJAMIN GOMES-CASSERES — Forthcoming in Strategic Management Review — Edith Penrose’s theory eminently fit the mid‐20th century firms and…

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…

Definitions

Alliances: Encyclopedia Definition

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

Partnership Strategies: Glossary of Terms

Unpublished (1999) Researchers and managers use a bewildering array of terms to describe various types and aspects of partnerships. This…