Corporate venture capital (CVC) investments serve as interfirm relationships that enable established firms to tap into emerging technology markets. Nevertheless, firms may also leverage their strategic alliances to this end. Does alliance formation reinforce or attenuate a firm's tendency to...

In light of the increasing popularity of interfirm alliances, the resource-based view is revisited and extended in order to allow for the consideration of network resources in evaluating the competitive advantage of interconnected firms. The proposed model distinguishes shared resources from...