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    Co-evolutionary dynamics in strategic alliances: The influence of the industry lifestyle

    Access Status
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    Authors
    Hynes, Niki
    Wilson, J.
    Date
    2012
    Type
    Journal Article
    
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    Citation
    Hynes, Niki and Wilson, Juliette. 2012. Co-evolutionary dynamics in strategic alliances: The influence of the industry lifestyle. Technological Forecasting and Social Change. 79 (6): pp. 1169-1175.
    Source Title
    Technological Forecasting and Social Change
    DOI
    10.1016/j.techfore.2012.02.005
    ISSN
    0040-1625
    URI
    http://hdl.handle.net/20.500.11937/6026
    Collection
    • Curtin Research Publications
    Abstract

    This article examines the application of co-evolutionary theory to the way in which firms form, perform, compete and change within alliance relationships over the period of the industry life cycle. This extends the work of Volberda and Lewin who extensively critiqued the use of single-theme explanations for explaining the adaption and selection of firms. Delineating the aspects of change (adaptation) and selection, and using case material from different stages of the Industry life cycle, we propose that co-evolution is a better explanator of strategic alliance and industry dynamics at early and late stages of the cycle, whilst evolution and survival of the fittest is more useful in the middle stages.

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