Reframing Strategic Alliances as Transformative Strategies for SMEs: An ADO-TCM Integrative Review
Strategic alliances have become imperative for small and medium-sized enterprises (SMEs) to mitigate the challenges of continuous constraints in resources, innovation, and market growth. However, scholarly research on SME alliances is disjointed and isolated and does not often connect why SMEs enter alliances, how alliances are structured, and what outcomes they provide. This study fills this gap by offering an integrated, theory-informed synthesis of alliance processes in SMEs. The SPAR-4-SLR protocol was used in a systematic literature review (SLR) of 61 peer-reviewed articles published between 2014 and 2025. Data was retrieved from the Scopus and Web of Science databases. The Theory-Context-Method (TCM) in conjunction with the Antecedents-Decisions-Outcomes (ADO) framework was applied in the study, which offered contextual and analytical depth. This review uncovers the multilayered dynamics of SME alliances. SMEs seek alliances for resource access, develop adaptive capacities, venture into digital ecosystems, and pursue sustainable objectives. Strategic decisions range from governance to innovation and knowledge integration. The outcomes extend beyond firm performance to innovation capacity, value creation, internationalization, and sustainability. The literature for the study is, however, dominated by resource-based theory, so also is the methodology adopted by most studies which concentrate on cross-sectional quantitative approaches for most of the studies. This review uniquely bridges the fragmented alliance literature through a coherent TCM-ADO synthesis that explores alliance antecedents, strategic choices, and performance outcomes, advancing an agenda that positions alliances as transformative tools and not compensatory tactics for SME competitiveness in dynamic business environments.
Authors
- Akinlemi Omololu Akinson
- Sundara Rajan C. R.
Institutions
- Vellore Institute of Technology University (IN)
Publication Details
- Journal
- International Journal of Accounting and Economics Studies
- Published
- 2026-01-04
- DOI
- https://doi.org/10.14419/amevc557
- Primary Topic
- Innovation and Knowledge Management
- Type
- article
- Field-Weighted Citation Impact
- 0.00