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題名 The Effect of Alliance Experience and Intellectual Capital on the Value Creation of International Strategic Alliances
作者 陳聖賢
Chang, Shao-Chi
Chen, Sheng-Syan
Lai, Jung-Ho
貢獻者 財管系
關鍵詞 Learning effect; Intellectual capital; Tobin`s q; Experience content; Strategic alliances; Wealth effect
日期 2008
上傳時間 11-Jun-2018 17:17:18 (UTC+8)
摘要 This paper investigates the effects of intellectual capital (IC), alliance experience and their interaction on the value creation of international strategic alliances (ISAs). Based on a sample of ISAs formed by US firms, we find that firms with a higher level of IC receive greater announcement-period wealth gains. In addition, the empirical results suggest experience positively enhances the wealth effect of ISAs. Finally, we find a significant positive interaction effect between experience and IC on the wealth creation of ISAs. The results demonstrate the importance of considering the joint effects of IC and experience in assessing the value creation of ISAs.
關聯 OMEGA-The International Journal of Management Science, Vol.36, No.2, pp.298-316
資料類型 article
DOI http://dx.doi.org/10.1016/j.omega.2006.06.010
dc.contributor 財管系zh_TW
dc.creator (作者) 陳聖賢zh_TW
dc.creator (作者) Chang, Shao-Chien_US
dc.creator (作者) Chen, Sheng-Syanen_US
dc.creator (作者) Lai, Jung-Hoen_US
dc.date (日期) 2008
dc.date.accessioned 11-Jun-2018 17:17:18 (UTC+8)-
dc.date.available 11-Jun-2018 17:17:18 (UTC+8)-
dc.date.issued (上傳時間) 11-Jun-2018 17:17:18 (UTC+8)-
dc.identifier.uri (URI) http://nccur.lib.nccu.edu.tw/handle/140.119/117549-
dc.description.abstract (摘要) This paper investigates the effects of intellectual capital (IC), alliance experience and their interaction on the value creation of international strategic alliances (ISAs). Based on a sample of ISAs formed by US firms, we find that firms with a higher level of IC receive greater announcement-period wealth gains. In addition, the empirical results suggest experience positively enhances the wealth effect of ISAs. Finally, we find a significant positive interaction effect between experience and IC on the wealth creation of ISAs. The results demonstrate the importance of considering the joint effects of IC and experience in assessing the value creation of ISAs.en_US
dc.format.extent 286256 bytes-
dc.format.mimetype application/pdf-
dc.relation (關聯) OMEGA-The International Journal of Management Science, Vol.36, No.2, pp.298-316zh_TW
dc.subject (關鍵詞) Learning effect; Intellectual capital; Tobin`s q; Experience content; Strategic alliances; Wealth effecten_US
dc.title (題名) The Effect of Alliance Experience and Intellectual Capital on the Value Creation of International Strategic Alliancesen_US
dc.type (資料類型) article
dc.identifier.doi (DOI) 10.1016/j.omega.2006.06.010
dc.doi.uri (DOI) http://dx.doi.org/10.1016/j.omega.2006.06.010