

Using a Bayesian learning model, the authors provide a formal understanding of the strategic implications of a firm's R&D alliance activity through its local or distant ties. A major advantage of the model is that it facilitates an explicit analysis of the factors that determine a firm's potential to learn from its R&D alliances. The article's theoretical approach shows how technological uncertainty, information redundancy and heterogeneity of information accuracy jointly affect the formation of inter-firm alliance ties. © The Author(s) 2011.
Hagedoorn, J.; Department of Organization and Strategy, School of Business and Economics, Maastricht University, PO Box 616, Netherlands;
© Copyright 2011 Elsevier B.V., All rights reserved.