The Effect of Strategic Technology Alliances on Company Performance: A LISREL Approach

  • John Hagedoorn
  • Bert Sadowski
  • Jos Schakenraad


The paper examines the effects of strategic technology alliances on corporate performance. In using a LISREL-model the following five different (groups of) factors were specified to analyze these effects: sectoral features, national circumstances, company structure, innovativeness and external linkages. The paper explaines the theoretical and statistical reasons why a particular LISREL-model was chosen to analyze effects of strategic technology alliances on corporate performance instead of applying other multivariate techniques. It describes the application of a particular LISREL approach, a structural equation model with observed variables. It concludes that there apparently is no straightforward relationship between strategic technology partnering and company performance. However, the application of LISREL models certainly did improve the general understanding of the effects of strategic technology alliances beyond more traditional statistical approaches.


Joint Venturis Corporate Performance Company Performance Equity Investment International Joint Venture 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.


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Copyright information

© Springer Science+Business Media Dordrecht 1997

Authors and Affiliations

  • John Hagedoorn
    • 1
  • Bert Sadowski
    • 1
  • Jos Schakenraad
    • 1
  1. 1.Maastricht Economic Research Institute on Innovation and Technology (MERIT)University of LimburgMaastrichtThe Netherlands

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