An Empirical Study on Resource Characteristics, Internal Risks and Governance Structure of R&D Alliance-including Analysis of Moderating Effect of Alliance Management Capability

Abstract

Based on the view of RBV and TCE，it aims to systematically investigate the interaction of resource characteristics, internal risks, governance structure of R&D alliance, and moderating effect of alliance governance capability on the relationship between resource characteristics and governance structure. We propose two conceptual models to help understand the relationship between them, and further use the structural equation modeling and hierarchical regression to test the hypothesis. The results show that strategic resources have positive effect on opportunistic threaten and structural intensity, while modularity has negative effect on opportunistic threaten, incoordination risk and contractual complexity. In addition, alliance governance capability has moderating effect on relationship between resource characteristic and contractual complexity.