Influence of firm and partner resources on firm performance in the alliance portfolio

Abstract

Although a firm benefits from the resource endowment of the partners in its alliance portfolio, research has so far concentrated on partners. This study proposes that mutual conditions of network resources between a firm and its partners - the compatibility of underlying resources, including physical and R&D resources, strategy, status, and the complementarity of technology - have a positive relationship to the firm's economic performance in its alliance portfolio. By analyzing alliances within the global semiconductor industry, this study shows that a firm's economic performance increases when the compatibility and complementarity of network resources are high. © The Author(s).