Purpose – The coordination difficulties and risks inherent to business conduct are magnified in alliance relationships, posing a greater challenge for partners. The purpose of this paper is to propose real option perspective to examine how relational risk perceptions shape commitment behaviour...

Purpose – Strategic alliances are often described as risky, dangerous, and instable. When firms adopt these strategies, they are confronted with a relational risk. Nevertheless, little empirical work has been down on relational risk in alliances. For this reason, this research is founded and...