DOI QR코드

DOI QR Code

The Effect of Partner Selection on the Performance of International Strategic Alliances: The Examination of Moderating Process of Previous Experience

제휴파트너 선정성향이 제휴성과에 미치는 영향에 관한 연구: 제휴경험의 조절효과를 중심으로

  • Ahn, Sun Yub (Department of International Business, Hankuk University of Foreign Studies) ;
  • Hyun, Jae Hoon (Department of International Business, Hankuk University of Foreign Studies)
  • 안선엽 (한국외국어대학교 국제경영학과) ;
  • 현재훈 (한국외국어대학교 국제경영학과)
  • Received : 2013.11.18
  • Accepted : 2013.12.05
  • Published : 2013.12.31

Abstract

This study examined adomestic firm's perspective on how their choice of partner selection criteria affects the mediating variables and the performance of international strategic alliances with particular reference to previous experience as a moderating variable. The findings of this study showed that the task-related and partner-related criteria are both positively related to trust and commitment but the results concerning the partner-related criteria repudiates the existing practices that domestic firms select foreign partners based on the partners' attributes because this weaken the commitment of the partnership. This study suggests that firms should revise their partner selection criteria, which will eventually lead to the more desirable performance of international strategic alliances.

본 연구는 파트너선정에 적합한 결정기준의 제안과 파트너 선정요인이 제휴성과에 미치는 영향 관계를 국내기업 관점에서 신뢰도와 몰입도 그리고 제휴경험 등의 요인별 영향을 분석하였다. 분석결과 제휴체결 당시 과업관련 선정기준을 중심으로 파트너를 선정하는 성향과 파트너관련 선정기준을 적용하는 성향의 기업들에 있어 별다른 차이점 없이 신뢰형성과 제휴몰입도에 긍정적인 영향을 주고 있는 것으로 나타났으나 파트너 관련 선정기준을 적용하는 기업의 경우 제휴몰입도와의 상관관계가 없는 것으로 나타났다 (CR=1.065). 또한 기존의 제휴경험이 파트너 기업 간 신뢰도와 제휴몰입도를 높일 것이라는 예상과 다르게 경험 유무가 별다른 차이를 보여주지 않았고 오히려 과업관련 선정기준으로 파트너를 선정한 기업의 경우 제휴경험이 없을수록 신뢰도 형성에 긍정적인 것으로 나타났다 ($x_2{^2}-x_1{^2}=5.452$). 본 연구는 제휴를 도입하려는 국내기업이 제휴파트너를 선택하는 과정에서 국내기업의 환경에 적합한 선정 기준을 제안하고 기업의 이해 폭을 넓히며 파트너 선정기준의 결정요인들과 신뢰와 몰입 등 관계자원의 영향을 통합적으로 분석하고 성공적 제휴관계 형성과 성과를 위한 파트너 선정의 중요성을 강조함으로서 이론적 실무적 시사점을 제시하고 있다.

Keywords

References

  1. Yoshino, M. Y. and U. S. Rangan(1995), "Strategic Alliance: An Entrepreneurial Approach to Globalization," Harvard Business School Press, PP. 27-31.
  2. Vasudevan,A. and G. Duysters(1998), The Changing Face of Alliance Management: Managerial Imperatives for the Network Economy, ICANSI, PP. 2-18.
  3. Das, T. and Teng, B(1999), Managing risks in strategic alliances, Academy of Management Executive, Vol. 13(4), pp. 50-62
  4. Geringer, J. M. (1991) Strategic determinants of partner selection criteria in international joint venture," Journal of international Business Studies, 1st,pp.41-62
  5. Killing, J. P. (1983) "Strategies for Joint Venture Success" London, Croom Helm.
  6. Harrigan, K. R. (1985) "Joint Venture and Global Strategies", Columbia Journal of World Business, 19(2), 7-16.
  7. Luo, Y. (1997) "Partner selection and venturing success: the case of joint ventures with firms in the people's Republic of China", Organization Science, 8(6), pp. 648-662. DOI: http://dx.doi.org/10.1287/orsc.8.6.648
  8. Madhok, A. (1995), "Revisiting multinational firm's tolerance for joint venture: A trust based approach," Journal of International Business Studies, 26(1), 117-147. DOI: http://dx.doi.org/10.1057/palgrave.jibs.8490168
  9. Hosmer, L. T.(1995), "Trust: The Connecting Link between Organizational Theory and Philosophical Ethics", Academy of Management Review, Vol. 20, No. 2, pp. 379-403. DOI: http://dx.doi.org/10.2307/258851
  10. Morgan, R. M. & S. D. Hunt(1994), "The commitment-trust theory of relationship marketing," Journal of Marketing, 58(July), 20-28. DOI: http://dx.doi.org/10.2307/1252308
  11. Cullen, J. B. & J. L. Johnson(1995), Japanese and local partner commitment to IJVs : psychological consequences of outcomes and investments in the IJV relationship", Journal of International Business Studies, pp.91-115. DOI: http://dx.doi.org/10.1057/palgrave.jibs.8490167
  12. Chang, M. and Lee, Dong (2003), "Empirical study on the determinants and performance of strategic alliance between internet shopping mall and third party logistics," Information System Review, 5(2), 339-346.
  13. Henderson, J, C.(1995), "Plugging into Strategic Partnerships : The Critical is Connection", Sloan Management Review, Vol. 30, No. 3, pp. 7-18.
  14. MacNeil, I.(1981), "Economic Analysis of Contractual Relations; Its Shortfalls and the Need for a Rich Classificatory Apparatus", Northwestern University Law Review, Vol. 75, pp. 1018-1063.
  15. Kanter, M. R.(1994), "Collaborative Advantage: The Art of Alliances", Harvard Business Review, pp. 96-108.
  16. Bleeke, J. & D. Ernst(1991a), "The way to win in the cross-border alliances," Harvard Business Review, Nov/Dec, 127-135.
  17. Sarkar, R. E., S. T. Cavusgil, & P. S. Aulakh(2001), "The influence of complementarity, compatibility, and relationship capital on alliance performance," Journal of the Academy of Marketing Science, 29(4), 358-373. DOI: http://dx.doi.org/10.1177/03079450094216
  18. Beamish, P. W.(1987)"Joint Ventures in LCDs : Partner Selection and Performance," Management International Review, Vol, 27, pp.23-37.
  19. Mohr, J & R. Spekman(1994), "Characteristics of partnership Attributes, Communication Behavior, and conflict resolution techniques," Strategic Management Journal, 15, 135-152. DOI: http://dx.doi.org/10.1002/smj.4250150205
  20. Angle, H. and J. Perry.(1981) "An Empirical Assessment of Organizational Commitment and Organizational Effectiveness", Administrative Scienc Quarterly, Vol.26, pp.1-14. DOI: http://dx.doi.org/10.2307/2392596
  21. Doz, Y. L. & G. Hamel (1998) Alliance advantage. The art of creating value through partnering. Boston, MA, Havard Business School Press.
  22. Child, J. and D. Faulkne(1998), Strategies of Cooperation: Managing Alliances, Networks, and the United Kingdom, Physica-Verlag.
  23. Lewicki, R. J. and B. B. Bunker (1995), Trust in Relationship: A Model of Development and Decline, in B. B. Bunker and J. Z., Rubin(Eds.), Conflict, Cooperation and Justice: Essays Inspired by the Work of Moreton Deutsch, Jossey-Bass, San Francisco.
  24. Cho, D. (2005), "Globalization of SME and Strategic Alliance", Journal of Small and Medium Enterprise, 29-64.
  25. Das, T, K. & Bing-Sheng Teng(2000), Instabilities of Strategic Alliances: An Internal Tensions Perspective," Organization Science, 11(1), 77-101. https://doi.org/10.1287/orsc.11.1.77.12570
  26. Saxton, T. (1997), "The effects of partner and relationship characteristics on alliance outcomes," Academy Journal of Management Journal, 40, PP. 443-461
  27. Barney, J. B. & M. H. Hansen(1994), "Trustworthiness as a Source of Competitive Advantage," Strategic Management Journal, 15(8), 175-190. https://doi.org/10.1002/smj.4250150912
  28. Shin, D. Y. (2000), "Performance of strategic alliance and ethical management," Samsung Economic Research Institute, 133-170.
  29. Morgan, Robert M. & Shelby D. Hunt(1994), "The Commitment-trust Theory of Relationship Marketing," Journal of Marketing, 58(3), 20-38.
  30. Lim, Y. K. and Kwon, Y. S. (2003), "The effect of commitment and trust on the performance of distribution channel supported by EDI," Journal of Distribution Studies, 4(1), 123-140.
  31. Dyer, J. & K. Nobeoka(2000), "Creating and managing a high performance knowledge sharing network: The Toyota case," Strategic Management Journal, 21(3), 345-367. https://doi.org/10.1002/(SICI)1097-0266(200003)21:3<345::AID-SMJ96>3.0.CO;2-N
  32. Dyer, j. & H. Singh(1998), "The relational view: Cooperative strategy and sources of interorganizational competitive advantage," Academy of Management Review, 23(4), 660-679.
  33. Anand, B. N. and Khanna, T. (2000) Do firm learn to create value? The case of alliances. Strategic Management Jounal 21(3): 295-317. https://doi.org/10.1002/(SICI)1097-0266(200003)21:3<295::AID-SMJ91>3.0.CO;2-O
  34. McGee, J. E. and M. J. Dowling. (1994), R&D Cooperative arrangement to leverage managerial experience : A study of technology-intensive", Journal of Business Venturing, Vol.9 pp. 38-48.
  35. Gulati, Ranjay(1995), "Does Familiarity Breed Trust? The Implications of Repeated Ties for Contractual Choice in Alliances," Academy of Management Journal, 38(1), 85-112. https://doi.org/10.2307/256729
  36. Jun, Y. W. and Yeo, K. C. (2002), "A study on the types of strategic alliance and the performance," Journal of International Business, 13(2), 259-287.
  37. Li Dong & Keith W. Glaister (2006) "Motives and partner selection criteria in international strategic alliance: Perspectives of Chinese firms" International Business Review, 15, 577-600. https://doi.org/10.1016/j.ibusrev.2006.09.003
  38. Johanson, J. and Vahlne, J.E. (1977) "The internationalization process of the firm: A model of knowledge development and increasing market commitments." Journal of International Business Studies 8(1): 23-32. https://doi.org/10.1057/palgrave.jibs.8490676
  39. Alcantara, L., Mitsuhashi, H. and Hoshino, Y. (2006), "Legitimacy in international joint ventures: It is still needed. Journal of Interational Management 12(4): 389-407.
  40. Miller, S. and Eden, L. (2006), "Local density and foreign subsidiary performance." Academy of Management Journal 49(2): 341-355. https://doi.org/10.5465/AMJ.2006.20786081