Explaining interfirm cooperation and performance: toward a reconciliation of predictions from the resource-based view and organizational economics

Combs, James G.; Ketchen, David J.

doi:10.1002/(sici)1097-0266(199909)20:9<867::aid-smj55>3.0.co;2-6

Cited by 521 publications

(191 citation statements)

References 76 publications

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“…In broad terms, existing literature acknowledges that the RBV complements TCE (Combs & Ketchen, 1999;Madhok, 2002;Mclvor, 2009). Although TCE takes transaction as the unit of analysis while the RBV examines resources, transactions and resources are not separable in business practice.…”

Section: Integrating the Rbv Tce And Ibvmentioning

confidence: 99%

“…In IFC firms can manage opportunistic behavior through building trust between partners (Child et al, 2005). While firms may engage in IFC to minimize the cost of governing the exchange activities (Madhok, 2002), they may also seek complementary resources rather than an efficient response to the exchange conditions (Combs & Ketchen, 1999;Madhok, 2002).…”

Section: Integrating the Rbv Tce And Ibvmentioning

confidence: 99%

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Inter-firm collaboration in new product development in Chinese pharmaceutical companies

Zheng

Wang

2015

Asia Pac J Manag

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High-tech firms increasingly rely on inter-firm collaboration (IFC) in new product development (NPD). While there is a growing research interest in exploring the economic rationale of IFC through the transaction cost economics (TCE) and the resource synergy of IFC through the resource-based view of the firm (RBV), little attention has been given to the institution-based view (IBV) that also has important implications for firms' choice of IFC. In particular, how national institutional environment affects IFC in the NPD process remains under-researched. This study aims to contribute to the literature by extending our understanding of the role of IFC in firms' NPD process, taking into account transactional, resource, and institutional factors. Based on a case study of two firms: a state-owned and a private pharmaceutical firm in China, our research identifies three key forms of IFC, which are dynamic at different stages of NPD and contingent upon an array of institutional, resource, and transactional rationales underpinning firms' choice of different forms of IFC. Our study is the first one that investigates the role of IFC in the NPD process bringing together the IBV, RBV, and TCE perspectives.

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Section: Integrating the Rbv Tce And Ibvmentioning

confidence: 99%

Section: Integrating the Rbv Tce And Ibvmentioning

confidence: 99%

Inter-firm collaboration in new product development in Chinese pharmaceutical companies

Zheng

Wang

2015

Asia Pac J Manag

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“…The resource-based view posits that performance differences among firms can be explained by differences in resources and how they are utilized (Wernerfelt, 1984;Combs & Ketchen, 1999). Resources include both firms' assets and capabilities based in human capital and managers' effectiveness in leveraging that human capital (Barney, 1991;Peteraf, 1993).…”

Section: Staff Localization and Firm Performancementioning

confidence: 99%

Staff localization and environmental uncertainty on firm performance in China

Lam

Yeung

2008

Asia Pac J Manag

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“…We follow Combs and Ketchen (1999) and Lockett (2001) that the RBV is based upon the assumption that the sticky and hard to imitate resources determine the performance of a firm (Barney 1991), that they are crucial for competitive advantage, and that firms are aware of this relationship. According to Combs and Ketchen (1999), productive resources able to generate a sustainable advantage of the firm have to satisfy three criteria. First, they have to be valuable, that is, there exists a demand side which appreciates the resources' output.…”

Section: Criteria For Resourcesmentioning

confidence: 99%

“…Beside the existing well analyzed determinants of cooperative behavior in the sense of who is cooperative or not (e.g., Combs and Ketchen 1999;Miotti and Sachwald 2003), in this paper we are interested in a motive for the beginning of such an agreement or cooperation, the participation in the tacit knowledge base. We concentrate on the determinants crucial for two partners coming together in such a research effort.…”

mentioning

confidence: 99%