Week 9 Chapter 7 Cooperation, Alliances, Networks (1)

Week 9 Chapter 7 Cooperation, Alliances, Networks (1) -...

Info iconThis preview shows pages 1–9. Sign up to view the full content.

View Full Document Right Arrow Icon
Click to edit Master subtitle style Strategic Alliances More Free PowerPoint Templates at SmileTemplates.com
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Alliances and Networks: Definitions Strategic alliances are “voluntary agreements  between firms” contractual (non-equity) equity-based  “Strategic networks” is derived from the term “social  networks” highlighting the social aspects of  interfirm relationships
Background image of page 2
Taking a Look at the What would make cooperation naturally arise?
Background image of page 3

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Strategic Alliances A compromise between short-term, pure market transactions  (e.g., spot transactions) and long-term, pure organizational  solutions (e.g., mergers and acquisitions) The Variety of Strategic Alliances Mergers and Acquisitio ns Market Transacti ons
Background image of page 4
A Comprehensive Model of Strategic Alliances and Networks
Background image of page 5

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Institutional-Based Considerations Formal – Laws concerning collaboration,  anti-trust, entry mode requirements, etc. Informal – Collective norms and local 
Background image of page 6
Background image of page 7

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Background image of page 8
Background image of page 9
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: industry recipes, established sets of relationships Industry-Based Considerations Alliances and Networks can: Raise entry barriers (vertical or horizontal alliances) Reduce rivalry (horizontal alliances) Reduce buyer or supplier power (vertical alliances) Resource-Based Considerations Value Can create real options Rarity Finding the right asset complementarities, managing it and getting it to work Inimitability Social complexity Some Advantages and Disadvantages ADVANTAG ES DISADVANTA GES Reduce costs, risks, and uncertainties Possibilities of choosing the wrong partners Gain access to complementary assets and capabilities Costs of negotiation and coordination Opportunities to learn from partners Possibilities of partner opportunism Possibilities to use alliances networks as real options Risks of helping nurture competitors (learning race)...
View Full Document

Page1 / 9

Week 9 Chapter 7 Cooperation, Alliances, Networks (1) -...

This preview shows document pages 1 - 9. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online