Effects of functional focus on bounded momentum: Examining firm- and industry-level alliances
Park,Namgyoo K. Martin,Xavier Lee,Jinju Mezias,John M.
Park,Namgyoo K.
Martin,Xavier
Lee,Jinju
Mezias,John M.
Abstract
Building on strategic momentum and alliance studies, we theoretically explain and test the non-monotonicity of the alliance momentum of same- or cross-functional-type alliances. We theorize about critical drivers that generate bounded momentum and further argue whether function-specific momentum occurs sequentially or simultaneously. We examine cross-border alliances of 32 international airlines from 1945 to 1994 and find that the inverted U-shaped pattern of alliance momentum holds for same-type but not for cross-type alliances at both the firm and industry levels. These findings imply that alliance momentum with a specific functional focus evolves sequentially rather than simultaneously.
Description
Date
2018-05
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Publisher
Research Projects
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Keywords
airline industry, cross-border alliance information, functional types, strategic momentum
Citation
Park, N K, Martin, X, Lee, J & Mezias, J M 2018, 'Effects of functional focus on bounded momentum : Examining firm- and industry-level alliances', Strategic Organization, vol. 16, no. 2, pp. 167-191. https://doi.org/10.1177/1476127017696282