The concept of the virtual corporation (VC), which describes a modern form of collaboration among organizations, was introduced in the scientific discussion in the mid 1990th. The practice shows that VCs need new forms of governance because the traditional mechanisms of control, management, and...

The fiercely increasing dynamics in many industries, which are a result of globalization, are main reasons for the increasing number of alliances during the past decade. Firms foster the exploitation as well as the exploration processes by engaging in alliances. To do so, firms need specific...