How relational capability can influence the success of business partnerships

PurposeThe present article aims to investigate the quality of the relationships in a business partnership for a project in Medtech field and the components that most influence them, with special attention to relational capabilities (RCs). Dyadic relationships and mainly RCs are considered critical f...

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Bibliographic Details
Published in:International journal of productivity and performance management 2024-02, Vol.73 (2), p.601-628
Main Authors: Giraldi, Luca, Coacci, Sofia, Cedrola, Elena
Format: Article
Language:English
Subjects:
Alliances
Collaboration
Communication
Competition
Construction industry
Cooperation
Knowledge sharing
Market positioning
Partnerships
Small business
Social exchange theory
Startups
Strategic management
Subcontractors
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Summary:PurposeThe present article aims to investigate the quality of the relationships in a business partnership for a project in Medtech field and the components that most influence them, with special attention to relational capabilities (RCs). Dyadic relationships and mainly RCs are considered critical factors for the success of a partnership.Design/methodology/approachA case study was used to evaluate the influence of RC on the progress of an alliance between a start-up and a small and medium scale enterprise (SME). The evaluation is performed using a questionnaire. To highlight such progress, the same questions were asked at the start of the partnership and one year later. The results were compared to analyse the improvement of RC and draw conclusions on the correlation between RC and alliance performance.FindingsThe method adopted allowed for a clear identification of the criticalities of the partnership. The authors found evidence that poor RCs lead to confusion, a sense of exclusion and a lack of collaboration amongst members. Results confirmed that increased RC and aligning the allies' capabilities positively affect the alliance's performance.Research limitations/implicationsExogenous variables influencing the partnership's progress were not included in the present study. Future research may consider them.Originality/valueLimited prior research is available on collaboration between SME and start-ups. The present authors aim to investigate the topic further, investigating RCs between firms. The article is also a starting point for future case study comparisons.
ISSN:1741-0401
1758-6658
DOI:10.1108/IJPPM-01-2022-0012