A Co-opetition-Based Approach to Value Creation in Interfirm Alliances: Construction of a Measure and Examination of Its Psychometric Properties. (September 2016)

• Record Type: Journal Article
• Authors: Rai, Rajnish Kumar
• Is Part Of: Journal of management. Volume 42:Number 6(2016)
• Page Start: 1663
• Page End: 1699
• Publication Date: 2016-09
• Subjects: co-opetition -- value creation -- scale development -- survey-based research; Management -- Periodicals; 658.005
• DOI: 10.1177/0149206313515525
• Languages: English
• ISSNs: 0149-2063

Abstract

This study underlines the limitations of commonly used proxies to measure value creation in interfirm alliances and addresses these limitations in two ways. First, this study adopts a co-opetition-based approach in theoretically conceptualizing value creation in interfirm alliances as a three-dimensional construct and argues that in addition to "common benefit" and "private benefitcooperation " (generally known as "private benefits"), a third dimension, namely "private benefitcompetition " should also be considered as an integral dimension of value creation. Second, by analyzing data collected from 155 firms of five high-technology research-intensive sectors in India that engaged in 288 alliances characterized by varying degree of co-opetition, this study empirically validates the distinctiveness of these three dimensions and presents a 17-item multidimensional scale of value creation.