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Lookup NU author(s): Dr Robin Pesch
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License (CC BY-NC-ND).
For family firms, alliances represent a form of heightened entrepreneurial risk‐taking. However, a dearth of research exists on the implications of forms of alliance governance for family firms. In a study of 939 non‐equity alliances of family and non‐family firms, we analyse how contracts and trust influence mutual knowledge creation. Both contract completeness and trust assist non‐family firms in knowledge creation. However, family firms rely on high levels of trust for the creation of knowledge. Knowledge creation suffers when family firms encounter very complete contracts tied to attempts at high levels of trust. The negative interaction effect is especially strong for non‐owner‐run family firms.
Author(s): Bouncken RB, Hughes M, Ratzmann M, Cesinger B, Pesch R
Publication type: Article
Publication status: Published
Journal: British Journal of Management
Print publication date: 01/10/2020
Online publication date: 27/05/2020
Acceptance date: 27/04/2020
Date deposited: 05/06/2020
ISSN (print): 1045-3172
ISSN (electronic): 1467-8551
Publisher: Wiley-Blackwell Publishing Ltd.
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