Where do alliances come from?: The effects of upper echelons on alliance formation |
| |
| Authors: | Jerry W Kim Monica C Higgins |
| |
| Institution: | a Columbia Business School, 719 Uris Hall, New York, NY 10027, United States
b Harvard Graduate School of Education, 425 Gutman, Cambridge, MA 02138, United States |
| |
| Abstract: | Alliances with established organizations provide young firms with resources necessary for survival. We build on recent organizational research examining the effect of upper echelons on attracting powerful intermediaries to understand how young biotechnology firms establish alliances with established organizations. Drawing upon the concept of homophily, we test hypotheses regarding the extent to which young firms and partners match along specific homophily dimensions. Our findings from an event-history analysis of 3,200 career histories of managers who took biotechnology firms public between 1979 and 1996 show that alliance formation is related to status homophily and role-based homophily between young and established organizations. |
| |
| Keywords: | Alliance formation Homophily Careers Status |
| 本文献已被 ScienceDirect 等数据库收录！ |
|
