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

journal contribution
posted on 2023-05-19, 15:44 authored by Hynes, N, J Wilson
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.

History

Publication title

Technological Forecasting and Social Change

Volume

79

Issue

6

Pagination

1169-1175

ISSN

0040-1625

Department/School

TSBE

Publisher

Elsevier Science Inc

Place of publication

360 Park Ave South, New York, USA, Ny, 10010-1710

Rights statement

Copyright 2012 Elsevier Inc.

Repository Status

  • Restricted

Socio-economic Objectives

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