Factors influencing strategic alliance outcomes in a manufacturing supply chain: role of alliance motives, interdependence, asset specificity and relational capital

Integration of various theories is essential to completely understand and explain strategic alliances in a supply chain. The purpose of this paper is to develop a framework by integrating the features of transaction cost theory, resource-based theory, contingency theory, social exchange theory, and...

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Main Authors: Sambasivan, Murali, Loke, Siew Phaik, Mohamed, Zainal Abidin, Yee, Choy Leong
Format: Article
Language:English
Published: Elsevier 2013
Online Access:http://psasir.upm.edu.my/id/eprint/28255/1/Factors%20influencing%20strategic%20alliance%20outcomes%20in%20a%20manufacturing%20supply%20chain.pdf
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author Sambasivan, Murali
Loke, Siew Phaik
Mohamed, Zainal Abidin
Yee, Choy Leong
author_facet Sambasivan, Murali
Loke, Siew Phaik
Mohamed, Zainal Abidin
Yee, Choy Leong
author_sort Sambasivan, Murali
collection UPM
description Integration of various theories is essential to completely understand and explain strategic alliances in a supply chain. The purpose of this paper is to develop a framework by integrating the features of transaction cost theory, resource-based theory, contingency theory, social exchange theory, and Kelley's personal relationship theory and test the framework through empirical research. The present study addresses the impact of strategic alliance motives, environment, asset specificity, perception of opportunistic behavior, interdependence between supply chain partners, and relational capital on strategic alliance outcomes. Besides, the study has also tested the role of relational capital as a central mediating construct. A sample of 2156 companies representing different industries in manufacturing in Malaysia was selected for the distribution of questionnaire. We tested the structural model using structural equation modeling (SEM). Based on the results, we conclude the following significant relationships: (1) strategic alliance motives and perception of opportunistic behavior on interdependence and relational capital, (2) interdependence on relational capital, (3) environment on strategic alliance motives, (4) relational capital on strategic alliance outcomes, and (4) the mediating role of relational capital. The current study adds significantly to the body of knowledge on strategic alliances and can help managers identify factors that influence the success of strategic alliances and provide a proper direction to develop robust and effective collaborative relationships between supply chain partners.
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spelling upm.eprints-282552016-02-02T01:27:03Z http://psasir.upm.edu.my/id/eprint/28255/ Factors influencing strategic alliance outcomes in a manufacturing supply chain: role of alliance motives, interdependence, asset specificity and relational capital Sambasivan, Murali Loke, Siew Phaik Mohamed, Zainal Abidin Yee, Choy Leong Integration of various theories is essential to completely understand and explain strategic alliances in a supply chain. The purpose of this paper is to develop a framework by integrating the features of transaction cost theory, resource-based theory, contingency theory, social exchange theory, and Kelley's personal relationship theory and test the framework through empirical research. The present study addresses the impact of strategic alliance motives, environment, asset specificity, perception of opportunistic behavior, interdependence between supply chain partners, and relational capital on strategic alliance outcomes. Besides, the study has also tested the role of relational capital as a central mediating construct. A sample of 2156 companies representing different industries in manufacturing in Malaysia was selected for the distribution of questionnaire. We tested the structural model using structural equation modeling (SEM). Based on the results, we conclude the following significant relationships: (1) strategic alliance motives and perception of opportunistic behavior on interdependence and relational capital, (2) interdependence on relational capital, (3) environment on strategic alliance motives, (4) relational capital on strategic alliance outcomes, and (4) the mediating role of relational capital. The current study adds significantly to the body of knowledge on strategic alliances and can help managers identify factors that influence the success of strategic alliances and provide a proper direction to develop robust and effective collaborative relationships between supply chain partners. Elsevier 2013-01 Article PeerReviewed application/pdf en http://psasir.upm.edu.my/id/eprint/28255/1/Factors%20influencing%20strategic%20alliance%20outcomes%20in%20a%20manufacturing%20supply%20chain.pdf Sambasivan, Murali and Loke, Siew Phaik and Mohamed, Zainal Abidin and Yee, Choy Leong (2013) Factors influencing strategic alliance outcomes in a manufacturing supply chain: role of alliance motives, interdependence, asset specificity and relational capital. International Journal of Production Economics, 141 (1). pp. 339-351. ISSN 0925-5273 10.1016/j.ijpe.2012.08.016
spellingShingle Sambasivan, Murali
Loke, Siew Phaik
Mohamed, Zainal Abidin
Yee, Choy Leong
Factors influencing strategic alliance outcomes in a manufacturing supply chain: role of alliance motives, interdependence, asset specificity and relational capital
title Factors influencing strategic alliance outcomes in a manufacturing supply chain: role of alliance motives, interdependence, asset specificity and relational capital
title_full Factors influencing strategic alliance outcomes in a manufacturing supply chain: role of alliance motives, interdependence, asset specificity and relational capital
title_fullStr Factors influencing strategic alliance outcomes in a manufacturing supply chain: role of alliance motives, interdependence, asset specificity and relational capital
title_full_unstemmed Factors influencing strategic alliance outcomes in a manufacturing supply chain: role of alliance motives, interdependence, asset specificity and relational capital
title_short Factors influencing strategic alliance outcomes in a manufacturing supply chain: role of alliance motives, interdependence, asset specificity and relational capital
title_sort factors influencing strategic alliance outcomes in a manufacturing supply chain role of alliance motives interdependence asset specificity and relational capital
url http://psasir.upm.edu.my/id/eprint/28255/1/Factors%20influencing%20strategic%20alliance%20outcomes%20in%20a%20manufacturing%20supply%20chain.pdf
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