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Alliance CapitalismThe Social Organization of Japanese Business$
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Michael Gerlach

Print publication date: 1997

Print ISBN-13: 9780520208896

Published to California Scholarship Online: May 2012

DOI: 10.1525/california/9780520208896.001.0001

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PRINTED FROM CALIFORNIA SCHOLARSHIP ONLINE (www.california.universitypressscholarship.com). (c) Copyright University of California Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in CALSO for personal use.date: 07 December 2021

Patterns of Alliance Formation

Patterns of Alliance Formation

(p.160) Chapter V Patterns of Alliance Formation
Alliance Capitalism

Michael L. Gerlach

University of California Press

This chapter analyzes the overall patterns of affiliation and alliance formation in the Japanese economy. It examines the processes of group expansion and the evolution of group affiliations over time, commonalities among keiretsu and independent firms and factors associated with group membership. The chapter describes the three key features of the alliance formation of Japanese businesses. These include the continually changing market opportunities that actors seek to appropriate and the considerable difference between actors' network positions and resulting market power.

Keywords:   alliance formation, Japanese economy, group expansion, group affiliations, keiretsu, market opportunities, market power

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