Resource Ambidexterity Through Alliance Portfolios and Firm Performance
Strategic Management Journal, 2, 384-394, 2017
21 Pages Posted: 24 Oct 2019
Date Written: November 20, 2015
Abstract
Building upon resource-based and ambidexterity research, we address the following questions: (a) What are the performance consequences of balancing revenue growth and cost reduction at the alliance portfolio level, and (b) how is that balance-performance relationship conditioned by strategic attributes of alliance portfolio configuration? Our hypotheses are tested with data on firms from the global airline industry over the period 1994 to 2008. We find that the balance between product market extending and efficiency improving partner resources accessed through alliance portfolios helps improve firm performance. Our results also show that the balance will be less beneficial for firms when they access a broad resource scope per partner in the alliance portfolio.
Keywords: alliances, alliance portfolio, ambidexterity, exploration-exploitation, airline industry, resource based view
JEL Classification: L2, M1, M10
Suggested Citation: Suggested Citation