S-Space College of Business Administration/Business School (경영대학/대학원) Dept. of Business Administration (경영학과) Seoul Journal of Business (SJB) Seoul Journal of Business Volume 18, Number 1/2 (2012)
The Hazards of Leapfrog: Search Routines for Alliance Partner and Evolution of Organizational Capabilities
- Bae, Jonghoon
- Issue Date
- Seoul Journal of Business, Vol.18 No.2, pp. 148-175
- This study presents an evolutionary model of capability development and examines the role of strategic alliance in the evolution of organiza-tional capabilities. In particular, this study begins with the observation that each alliance partners capability development co-evolves. This study contributes to the literature on capability development by showing the following: (1) a firms strategic alliance is fitness-enhancing when its partners learning is ineffective; (2) without making additional efforts (i.e., in-house development), a firm is able to employ strategic alliances and to balance between exploitation and exploration to the extent that its
(potential) partners are not effective learners; and (3) a rm is unlikely to balance between exploitation and exploration to the extent that its (potential) partners are effective learners.