TY - GEN
T1 - Partnerships between software firms
T2 - 41st Annual Hawaii International Conference on System Sciences 2008, HICSS
AU - Gao, Lucia S.
AU - Iyer, Bala
PY - 2008
Y1 - 2008
N2 - In network-type industries companies can explore the existence of complementarities in different ways to create value and competitive advantage. Gao and Iyer (2006) introduce a new methodology, based on the software stack, and show that there is value in mergers and acquisitions between companies that produce complementary components of network systems. We apply the same methodology to a sample of Alliances and find that even though there is value in Alliances between companies that produce in adjacent layers of the stack, abnormal returns are higher when both participants produce on the same layer of the stack.
AB - In network-type industries companies can explore the existence of complementarities in different ways to create value and competitive advantage. Gao and Iyer (2006) introduce a new methodology, based on the software stack, and show that there is value in mergers and acquisitions between companies that produce complementary components of network systems. We apply the same methodology to a sample of Alliances and find that even though there is value in Alliances between companies that produce in adjacent layers of the stack, abnormal returns are higher when both participants produce on the same layer of the stack.
UR - https://www.scopus.com/pages/publications/51449100414
UR - https://www.scopus.com/pages/publications/51449100414#tab=citedBy
U2 - 10.1109/HICSS.2008.344
DO - 10.1109/HICSS.2008.344
M3 - Conference contribution
AN - SCOPUS:51449100414
SN - 0769530753
SN - 9780769530758
T3 - Proceedings of the Annual Hawaii International Conference on System Sciences
BT - Proceedings of the 41st Annual Hawaii International Conference on System Sciences 2008, HICSS
Y2 - 7 January 2008 through 10 January 2008
ER -