Drivers of alliance terminations: An empirical examination of the bio-pharmaceutical industry
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文摘

Higher perceived future returns increases commitment of the focal company and reduces the propensity for termination.

The relationship between product market diversity of the focal company and propensity for termination is inverted U-shaped.

Higher levels of technological intensity of the partner firm increase the propensity for termination.

Higher levels of product market density in the category increases the propensity for termination.

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