This article investigates how alliance portfolio composition affects young firms' outcomes. Drawing on signaling theory, we propose how alliance portfolio composition — number, functional domains (R&D, manufacturing, and marketing), and single-purpose or multi-purpose nature of alliances...

In this research we investigate how magnitude and direction of resource flows between a firm and its alliance portfolio as well as the complementary nature of resources affect firm performance. Building on the resource dependence theory, we develop and test arguments on a sample of 59 firms in...