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A strategic alliance is a hybrid organizational form that is between an arms length contract and a full-fledged merger between firms. In some alliances firms take a minority equity stake in the partner firm. We refer to these as equity alliances. Using data on 759 alliances, we examine the motivation for the use of equity in alliances. We study whether equity is intended to strengthen the contr...

This paper explores the inherent delays of airline schedules resulting from limited buffer times and stochastic disruptions in airline operations. The reliability of airline schedules is discussed and a set of measuring indices is developed to evaluate schedule reliability. It is found that significant gaps exist between the real operating delays, the inherent delays (from simulation) and the z...

The Economic Partnership Agreements (EPAs) between the group of African, Caribbean and Pacific (ACP) countries and the European Union could serve as an opportunity to accelerate global and regional trade integration of ACP countries. Moreover, the European Commission intends to use EPAs as a tool for development and the eradication of poverty in ACP countries. To achieve their potential develop...

This paper studied the relationship between corporate IT capability and alliance performance in Chinese corporate alliances with regression analysis. With a sample of 127 alliances, this paper found IT capability has significantly positive effect on alliance performance and knowledge acquisition plays a role as a mediator, while regional factor plays a role as a moderator. That means the positi...

We employed a property rights approach to formulate a set of hypotheses explaining the choice between equity and non-equity alliances in the Information and Communication Technology industry. The firm’s need to control knowledge exchange and the resulting innovation makes property rights an important concern permeating partners’ strategic behavior. We showed that equity alliances were preferred...