Normal view MARC view

The Liability of strangers: performance consequences of non-local partnering

Author: Shipilov, Andrew ; Baum, Joel A. C. ; Li, Stan XiaoINSEAD Area: Strategy Series: Working Paper ; 2007/65/ST Publisher: Fontainebleau : INSEAD, 2007.Language: EnglishDescription: 42 p.Type of document: INSEAD Working Paper Online Access: Click here Abstract: This paper examines the performance consequences of non-local partnering - the formation of new ties between organizations that have neither prior direct nor indirect connections. Although non-local ties provide organizations with potential benefits including enhanced opportunities to broker resource and information flows across unconnected partners, they also entail risks associated with the absence of collaborative routines and limited information regarding non-local partners' capabilities and cooperativeness. Our analysis of Canadian investment banks' underwriting syndicate ties confirms that while, initially, non-local partnering is detrimental to performance, with repetition these ties begin to enhance performance. The ability to extract performance benefits from non-local ties also depends on organizations' network positions - closed ego networks and high status enable banks to benefit from forming new non-local ties as well as from subsequently repeating them.
Tags: No tags from this library for this title. Log in to add tags.
Item type Current location Collection Call number Status Date due Barcode Item holds
INSEAD Working Paper Digital Library
PDF Available BC008072
Total holds: 0

This paper examines the performance consequences of non-local partnering - the formation of new ties between organizations that have neither prior direct nor indirect connections. Although non-local ties provide organizations with potential benefits including enhanced opportunities to broker resource and information flows across unconnected partners, they also entail risks associated with the absence of collaborative routines and limited information regarding non-local partners' capabilities and cooperativeness. Our analysis of Canadian investment banks' underwriting syndicate ties confirms that while, initially, non-local partnering is detrimental to performance, with repetition these ties begin to enhance performance. The ability to extract performance benefits from non-local ties also depends on organizations' network positions - closed ego networks and high status enable banks to benefit from forming new non-local ties as well as from subsequently repeating them.

Digitized

There are no comments for this item.

Log in to your account to post a comment.
Koha 18.11 - INSEAD Catalogue
Home | Contact Us | What's Koha?