Title
Do firms learn to manage alliance portfolio diversity? The diversity-performance relationship and the moderating effects of experience and capability Do firms learn to manage alliance portfolio diversity? The diversity-performance relationship and the moderating effects of experience and capability
Author
Faculty/Department
Faculty of Applied Economics
Publication type
article
Publication
Basingstoke :Palgrave Macmillan ,
Subject
Economics
Source (journal)
European management review. - Basingstoke, s.a.
Volume/pages
9(2012) :3 , p. 139-152
ISSN
1740-4754
ISI
000310000700003
Carrier
E
Target language
English (eng)
Full text (Publishers DOI)
Affiliation
University of Antwerp
Abstract
Building on organizational learning theory, this study examines whether firms learn to manage alliance portfolio diversity. We argue that alliance portfolio diversity may be advantageous as well as disadvantageous for alliance portfolio performance. Subsequently, we theorize that the diversity-performance relationship is moderated by the firm's alliance experience and capability. Bridging the previously separated literature of diversity and learning, our findings show a curvilinear relationship between diversity and performance. More important, using survey data, we reveal some key processes through which firms learn to manage alliance portfolio diversity.
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