TY - JOUR
T1 - Bridging structural holes in global manufacturing equity based partnerships
T2 - A network analysis of domestic vs. international joint venture formations
AU - Carnovale, Steven
AU - Rogers, Dale
AU - Yeniyurt, Sengun
N1 - Publisher Copyright:
© 2015 Elsevier Ltd.
PY - 2016/3/1
Y1 - 2016/3/1
N2 - Firms operating in a global environment face increasing uncertainties when designing the composition of their supply chain networks. In addition, the complexity of the structure of these networks is ever growing. Thus, when firms look to engage in global partnership formations, access to information about the network structure becomes a vital asset in mitigating the uncertainties associated with the partnership formation dynamics; particularly when bridging structural holes in the network. Accordingly, the aim of this research is to demonstrate that firms can leverage network analysis when designing their global sourcing strategies to assuage the difficulties associated with the lack of information in the JV formation process thus rendering them in a more fortuitous position. Thus, we investigate which characteristics of the firm's network structure can be used to gain structural network information associated with new JV formations; both domestic and internationally. Specifically, we examine JV network brokerage, JV network reach centrality and JV network remoteness. Our results suggest that these network characteristics play a vitally important role in bridging the structural holes associated with domestic and cross boarder JV formations.
AB - Firms operating in a global environment face increasing uncertainties when designing the composition of their supply chain networks. In addition, the complexity of the structure of these networks is ever growing. Thus, when firms look to engage in global partnership formations, access to information about the network structure becomes a vital asset in mitigating the uncertainties associated with the partnership formation dynamics; particularly when bridging structural holes in the network. Accordingly, the aim of this research is to demonstrate that firms can leverage network analysis when designing their global sourcing strategies to assuage the difficulties associated with the lack of information in the JV formation process thus rendering them in a more fortuitous position. Thus, we investigate which characteristics of the firm's network structure can be used to gain structural network information associated with new JV formations; both domestic and internationally. Specifically, we examine JV network brokerage, JV network reach centrality and JV network remoteness. Our results suggest that these network characteristics play a vitally important role in bridging the structural holes associated with domestic and cross boarder JV formations.
KW - Global production networks
KW - Global sourcing
KW - Global supply networks
KW - Joint venture formation
KW - Network theory
KW - Supply chain partnerships
UR - http://www.scopus.com/inward/record.url?scp=84960810316&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=84960810316&partnerID=8YFLogxK
U2 - 10.1016/j.pursup.2015.08.002
DO - 10.1016/j.pursup.2015.08.002
M3 - Article
AN - SCOPUS:84960810316
SN - 1478-4092
VL - 22
SP - 7
EP - 17
JO - Journal of Purchasing and Supply Management
JF - Journal of Purchasing and Supply Management
IS - 1
ER -