Séminaires de Recherche

Alliance Portfolios and the Impact of Incumbent Affiliations on New Ventures

Stratégie et Politique d'Entreprise

Intervenant : Vikas A. Aggarwal
The Wharton School University of Pennsylvania

29 janvier 2009 - De 13h30 en salle H007 à 19h

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This paper examines cooperative relationships between technology-based start-ups and
industry incumbents, using a portfolio-level lens to understand the performance effects associated
with this phenomenon. While start-ups often engage in alliance relationships with established firms
in order to acquire a range of resources and capabilities necessary to navigate through the growth
stage of development, the alliance portfolio configuration of the start-up’s incumbent firm partners
can significantly influence the value which accrues to start-ups from these affiliations. Examining the
entire portfolio of an incumbent’s alliances can reveal variation in incumbent firm strategic intent
and highlight the degree to which multiple claims on the incumbent’s assets impact the resources
each affiliated start-up is able to access. Using a panel dataset of venture-backed start-ups founded
between 1990 and 2000, I find that greater overlap between the activities of a focal start-up’s
alliances and those of its incumbent partners has negative performance implications for the start-up
venture. Moreover, I find variation across industries and performance metrics, suggesting that the
dynamics of particular cooperative settings cause start-ups to be differentially susceptible to
incumbent resource congestion effects.

A déterminer

Comptabilité et Contrôle de Gestion

Intervenant : Kalle Kraus
Stockholm School of Economics

14 septembre 2018 - HEC Paris - salle T004 - De 14h00 à 16h00


A déterminer

Comptabilité et Contrôle de Gestion

Intervenant : Shiva Sivaramakrishnan
Rice University

15 juin 2018 - HEC Paris - salle X120 - De 14h00 à 16h00


Finance

Intervenant : Matthieu Bouvard
Desautels Faculty of Management

14 juin 2018 - De 14h00 à 15h15


A déterminer

Comptabilité et Contrôle de Gestion

Intervenant : Xin Wang
Hong Kong University

8 juin 2018 - HEC Paris - salle T004 - De 14h00 à 16h00


Finance

Intervenant : Mikhail Simutin
Rotman School of Management

7 juin 2018 - De 14h00 à 15h15


Finance

Intervenant : Liyan Yang
Rotman School of Management

31 mai 2018 - De 14h00 à 15h15


A déterminer

Comptabilité et Contrôle de Gestion

Intervenant : Hendrik Vollmer
University of Leicester

25 mai 2018 - HEC Paris - salle T020 - De 14h00 à 16h00


Finance

Intervenant : Anton Lines
Columbia Business School

24 mai 2018 - De 14h00 à 15h15


Finance

Intervenant : Ian Martin
LSE

17 mai 2018 - De 14h00 à 15h15


A déterminer

Comptabilité et Contrôle de Gestion

Intervenant : Martin Giraudeau
LSE/Sci. Po

4 mai 2018 - HEC Paris - salle T004 - De 14h00 à 16h00



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