On the termination of strategic technology alliances : an exploratory study

Despite an enormous growth in strategic technology alliances the theoretical and empirical discussion has been slow in providing an integrated and coherent framework on alliance termination. Strategic alliances have been defined as inherently instable, i.e. often involving unplanned and premature termination by partnering firms. The paper examines whether this characteristic holds in the case the strategic technology alliances which are considered as new organizational forms. It concludes that failure rates are rather high for strategic technology alliances, but this seems not to deter firms to establish new strategic technology alliances even with the same parterning firm