Using a Bayesian learning model, the authors provide a formal understanding of the strategic implications of a firmΓÇÖs R&D alliance activity through its local or distant ties. A major advantage of the model is that it facilitates an explicit analysis of the factors that determine a firmΓÇÖs potential to learn from its R&D alliances. The articleΓÇÖs theoretical approach shows how technological uncertainty, information redundancy and heterogeneity of information accuracy jointly affect the formation of inter-firm alliance ties.
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