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On the Formation of Alliance Constellations: Data from the Global Airline Industry
Código: WPE – 047
Sergio G. Lazzarini
Thiago A. Z. Joaquim
Firms not only create formal groupings in a multilateral fashion (explicit alliance constellations) but also engage in informal networks comprised of firms that have more bilateral ties to one another than to firms outside their group (implicit constellations). Using data from global airlines, we find that explicit constellations tend to grow by luring firms holding diverse resources and that are associated with key members through an implicit group. Explicit associations also tend to exhibit more inertia than implicit ones.