Surviving bear hugs: Firm capability, large partner alliances, and growth
研究小公司与大公司合作时，内部能力如何影响其从联盟中获得的增长收益，基于美国电影业1990-2010年数据发现，与大公司合作越多，内部能力带来的增长收益越低。
In exploring the downsides of partnering with large firms, extant literature has typically focused on the external perspective and the alliance characteristics of small firms. We argue that jointly considering the internal dimension of firm capability together with the external perspective promises to yield a fuller understanding of the nature and consequences of a small firm's relationships with large partners. We analyze a longitudinal dataset on the alliance activities and growth of small, independent studios in the U.S. motion picture industry during 1990–2010. Our findings indicate that small firms that engage in higher levels of alliance activity with large partners, i.e., the major studios, realize lower growth benefits from their internal capability . Copyright © 2013 John Wiley & Sons, Ltd.