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.

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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
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article

Reframing Strategic Alliances as Transformative Strategies for SMEs: An ADO-TCM Integrative Review

Akinlemi Omololu Akinson, Sundara Rajan C. R.
International Journal of Accounting and Economics Studies
Innovation and Knowledge Management
article

Reframing Strategic Alliances as Transformative Strategies for SMEs: An ADO-TCM Integrative Review

Akinlemi Omololu Akinson, Sundara Rajan C. R.
article en

Abstract

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.

International Journal of Accounting and Economics StudiesVol. 12(8)
Vellore Institute of Technology University (IN)
Industry, innovation and infrastructure
Openalex Percentile: Top 97%
Innovation and Knowledge Management
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