“…As the sharing rule can be implemented through the allocation of equities, we expect to observe a variety of ownership patterns reflecting the relative importance of each partner's input. This approach has been widely used to study the choice between wholly owned affiliates and partnerships as the entry mode across industries (as in Hagedoorn, 1996, 2002; Moskalev & Swensen, 2007) and markets (see, among others: Bontempi & Prodi, 2009; Gomes‐Casseres, 1989; Hennart & Larimo, 1998; Javorcik & Saggi, 2010; Makino & Neupert, 2000; Wei et al, 2005).…”