Presents an empirical analysis of the contractualdesign of entrepreneurial alliances or collaborative agreements entered into byentrepreneurial firms. First, a series of arguments based on transaction costtheory is used to generate a number of hypotheses regarding the determinants ofthe...

We suggest and provide empirical evidence that the bargaining power of alliance partners stemming from their prominence in alliance networks influences the ex-ante allocation of value capturing rights in high-tech alliance contracts. Network prominence can enhance the availability of alternative...