Similar articles

Abstract: strategic alliance has suffered much instabilities since its first implementation. Scholars have carried out many embedded, precise and comprehensive researches from both theory and empiricism. Here we try to find certain stable solutions by employing game theory, in an attempt to construct theoretical bases for strategic alliance, which people called “one of the most important organizational innovation in the end of the 20th century” (Shi, 2001), to exploit its advantages in the process of globalization. Finally, this article puts forward some advices for its success.

[1] Axelrod, R., 1984. The Evolution of Cooperation. People’s Press, Shanghai (Translation in Chinese).

[2] Chen, D.G., 2000. Inter-firms strategic alliance: A brand-new development mode of firms. Research on Economics and Management, 2:32-35 (in Chinese).

[3] Das, T.K., Teng, B.S., 2000. Instabilities of strategic alliances: An internal tensions perspective. Organization Science, 11(1):77-101.

[4] Dollinger, M.J., Golden, P.A., Saxton, T., 1997. The effect of reputation on the decision to joint venture. Strategic Management Journal, 18(2):127-140.

[5] Doz, Y.L., 1996. The evolution of cooperation in strategic alliances: Initial conditions or learning processes? Strategic Management Journal, 17(Special issue: Evolutionary perspectives on strategy):55-83.

[6] Evans, R., Thomas, J.P., 2001. Cooperation and punishment. Econometrica, 69(4):1061-1075.

[7] Heide, J.B., Miner, A.S., 1992. The shadow of the future: Effects of anticipation and frequency of contact on buyer-seller cooperation. The Academy of Management Journal, 35(2):265-291.

[8] Hill, C.W.L., 1990. Cooperation, opportunism, and the invisible hand: Implications for transaction cost theory. The Academy of Management Review, 15(3):500-513.

[9] Inkpen, A.C., Beamish, P.W., 1997. Knowledge, bargaining power, and the instability of international joint venture. The Academy of Management Review, 22(1):177-202.

[10] Jiang, G.P., 2001. An analysis on the reasons of high failure rate of inter-firm strategic alliance and its success path. Modern Finance and Economics, 1:58-60 (in Chinese).

[11] Khanna, T., Gulati, R., Nohria, N., 1998. The dynamics of learning alliances: Competition, cooperation and relative scope. Strategic Management Journal, 19(3):193-210.

[12] Macneil, I.R., 1974. The many future of contracts. South California Law Review, 47:691-816.

[13] Parkhe, A., 1993. Strategic alliance structuring: A game theory and transaction cost examination of inter-firm cooperation. The Academy of Management Review, 36(4):794-829.

[14] Porter, M.E., 1980. Competitive Strategy: Techniques for Analyzing Industries and Competitors. Huaxia Press, Beijing (Translation in Chinese).

[15] Porter, M.E., 1985. Competitive Advantage: Creating and Sustaining Superior Performance. Huaxia Press, Beijing (Translation in Chinese).

[16] Porter, M.E., 1990. A Competitive Advantage of Nations. Huaxia Press, Beijing (Translation in Chinese).

[17] Richards, D., 2001. Reciprocity and shared knowledge structures in the prisoner’s dilemma game. The Journal of Conflict Resolution, 45(5):621-635.

[18] Shi, Z.Z., 2001. Inter-firms Strategic Alliance. Shanghai University of Finance and Economics Press, Shanghai (in Chinese).

[19] Williamson, O.E., 1985. The Economic Institutions of Capitalism. Business Press, Beijing (Translation in Chinese).

[20] Yan, A., Gray, B., 1994. Bargaining power, management control, and performance in united states-china joint ventures: A comparative case study. The Academy of Management Journal, 37(6):1478-1517.

[21] Zhang, W.Y., 2001. Game Theory and Economics of Information. Sanlian Joint Publishing Company, Shanghai (in Chinese).