Abstract
I argue that the linkage-formation propensity of firms is explained by simultaneously examining both inducement and opportunity factors. Drawing upon resource-based and social network theory literatures I identify three forms of accumulated capital—technical, commercial, and social—that can affect a firm’s inducements and opportunities to form linkages. Firms possessing these capital stocks enjoy advantages in linkages formation. However, firms lacking these accumulated resources can still form linkages if they generate a radical technological breakthrough. Thus, I identify paths to linkage formation for leading as well as peripheral firms. I test these arguments with longitudinal data on technical collaborative linkages in the global chemicals industry. Copyright © 2000 John Wiley & Sons, Ltd.
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Publication Info
- Year
- 2000
- Type
- article
- Volume
- 21
- Issue
- 3
- Pages
- 317-343
- Citations
- 1501
- Access
- Closed
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- DOI
- 10.1002/(sici)1097-0266(200003)21:3<317::aid-smj90>3.0.co;2-b