Reviews of Strategic Alliances
158763971
Driving innovation through strategic alliances: a framework
With increasing competition and business uncertainties, firms have realised the importance of innovation to improve their competitive strength. Companies have also started realising that they need to make a shift from acquiring resources to enjoying the benefits of combining their own resources with the assets of others. While the importance of innovation to spur economic revival across the globe cannot be debated, how strategic alliances can aid the innovation journey of organisations is a question. The paper reviews and applies the proposed conceptual framework, highlighting the factors that influence innovation in strategic alliances, to cases of strategic alliances between companies.
Meeta Dasgupta
167554148
Analysis of Key Factors for Formation of Strategic Alliances in Liner Shipping Company: Service Quality Perspective on Asia/Europe Route after Global Economic Crisis
Strategic alliances generally mean the cooperation or collaboration between firms which pursue for a synergy that each member hopes the benefits from the alliances would be much more than those from individual efforts. Past researches provide us sufficient theories and considerations for alliance forming in liner shipping market. This research reviews important academic journals for the past decade regarding to the most important reasons to form the alliances. We would explain the motive of alliances and details of shipping cooperation in literature review. The paper also empirically investigates the key service quality requirements improved through alliances by using quality function deployment (QFD) Moreover, the research investigates famous shipping reports, shipping consultant websites and most recent shipping publications to find out the executive's viewpoint of several leading carriers among top 20 to assess current shipping strategic alliance on Asia/Europe route. These comments provide meaningful managerial reasons to consider alliance formations and search if there is any gap between the theories and industrial practice. Analysis of the empirical investigation and top management's perspective on current market situation will contribute us some meaningful managerial suggestions to evaluate these theories applied to current strategic alliances. Keywords Liner shipping, Strategic alliances, quality function deployment, service quality.
Sheng Teng Huang Shigeru Yoshida
2169394
and Shigeru Yoshida Analysis of Key Factors for Formation of Strategic Alliances in Liner Shipping Company Service Quality Perspective on Asia Europe Route after Global Economic Crisis
Strategic alliances generally mean the cooperation or collaboration between firms which pursue for a synergy that each member hopes the benefits from the alliances would be much more than those from individual efforts. Past researches provide us sufficient theories and considerations for alliance forming in liner shipping market. This research reviews important academic journals for the past decade regarding to the most important reasons to form the alliances. We would explain the motive of alliances and details of shipping cooperation in literature review. The paper also empirically investigates the key service quality requirements improved through alliances by using quality function deployment (QFD) Moreover, the research investigates famous shipping reports, shipping consultant websites and most recent shipping publications to find out the executive's viewpoint of several leading carriers among top 20 to assess current shipping strategic alliance on Asia/Europe route. These comments provide meaningful managerial reasons to consider alliance formations and search if there is any gap between the theories and industrial practice. Analysis of the empirical investigation and top management's perspective on current market situation will contribute us some meaningful managerial suggestions to evaluate these theories applied to current strategic alliances. Keywords Liner shipping, Strategic alliances, quality function deployment, service quality.
Sheng Teng Huang
6289975
Strategic technology alliances and networks
This paper briefly reviews the literature on strategic technology alliances (STAs) and networks, allocating the contributions to 'micro' (firm) and 'meso' perspectives (the network) The focus is on a logical reconstruction of important themes in the literature pertaining to the role of STAs in boosting innovation and in promoting the survival and growth of partners and their environments. Overall, the literature points to a quite important role of alliances and networks especially in knowledge intensive industrial activities combining the production and utilization of technological knowledge for competitiveness and growth. Not unexpectedly, important differences are pointed out in terms of incentives and benefits from alliances across different types of firms and industries. Network structure evolves in accordance with the nature of the industry and with the type of technological advancement sought by participating organizations.
Nicholas Vonortas Lorenzo Zirulia
10399557
Understanding the Roles of Trust at Different Stages in Strategic Alliances: A Theoretical Review
Strategic management literature has emphasized the importance of developing trust among alliance partners. Understanding the roles of trust is essential because it is considered to have a substantial impact on the collaboration among alliance partners, and as a result, on the achievement of alliance objectives. Despite the interests in the roles of trust, our understanding of this issue is fragmented. Adopting multiple theories and the process model of strategic alliances, this paper aims to provide a more integrative understanding of the roles of trust in strategic alliances. This paper holds that the adoption of one theory has limitations in promoting a comprehensive understanding of this issue and reviews diverse theories to investigate the roles of trust at different stages in strategic alliances. Transaction cost economics, real option, organizational learning, and social network theories are juxtaposed and compared. First, this paper reviews major assumptions and theoretical logics of these theories and examines the rationales for strategic alliances each theory proposes. Next, I examine the implications that each theory provides for the understanding of the roles of trust. Drawing on the process model of strategic alliances, this review highlights how the trust among alliance partners influences the strategic alliances at a formation stage, an operation stage, and an outcome stage of strategic alliances.
Jaeyoung Kang
169520961
Conflicts of Interest; and the Existence of Anti Compliance Coordination and Un Cooperative Un Documented Strategic Alliances Among Nigerian Financial Services Companies
This article reviews the many types of Conflicts Of Interest that hinder effective regulation of the Financial Services industry in Nigeria. The article also discusses the existence of "Non compliance Cartels" within the financial services industry in Nigeria which resemble informal and un documented collusive Strategic Alliances. One emerging or resulting phenomenon is that Corporate Governance guidelines/regulations and some Statutes are "Non public Goods" that is, the number of actual or potential users of such rules is directly proportional to the degradation of the rules and instances of non compliance.
Michael C I Nwogugu
155727125
A Study on Moderating Effects of Culture on Business Performance and Strategic Alliances
The purpose of this study is to analyze the moderating effect of national culture on alliance orientation and performance for partnership. To analyze this objective, this study reviews various literatures and is developed a research model. To examine the research model, we collected data from international companies.
Jungah Lee Seongho Kim
143694066
Guanxi and trust in strategic alliances
Purpose The purpose of this paper is to distinguish different types of guanxi from a historic perspective and to investigate the effects of different types of guanxi on trust between alliance partners through an empirical study.Design/methodology/approach The paper first reviews the role of guanxi in Chinese history and identifies two types of guanxi. Next, it reports an empirical study that tests the effects of these two types of guanxi on interorganizational trust through a survey among automobile parts suppliers in China.Findings First, this paper identifies two types of guanxi: role based hierarchical guanxi endorsed by Confucianism and soil rooted egocentric guanxi derived from daily practices of Chinese people. The ever changing social environment in Chinese history supports a spiral development model of guanxi evolution. Each of the two types of guanxi takes a dominant position in different periods of time. Second, a subsequent empirical study demonstrates that, in today's Chinese business en.
Baiyun Gong Xin He Huei-Min Hsu
166839895
Walking Down the Corporate Aisle: The Survival of Strategic Alliances
The question regarding the establishment of viable strategic alliances still remains very much unanswered. Usually, strategic alliances pass through different stages that eventually give rise to bilateral or multilateral relationships. In particular, strategic alliances need some commonality to survive and thrive. The success of an alliance is largely based on the mutual trust, constant communication and ability to work as a team. Communication, transparency, trusts, joining power and resources, and structural developments are the key determinants of successful alliances. Global strategic alliances equally recognise the similarities and differences explaining the survival typologies. The ability to create and adhere to alliance processes through commitment and mutual trust is paramount. Therefore, this article reviews literature on global strategic alliances and identifies the key success factors of the process by examining representative studies of different strategic alliances. The theoretical arguments used in previous literature are also presented and eight critical success factors are highlighted explaining the nature of success in alliance process.
Rama Prasad Kanungo
19779534
Best practices in the formation and implementation of strategic alliances
With the objective to reduce their "total cost of ownership" major corporations are making significant changes in traditional purchasing practices. Whether for raw materials, MRO goods, engineering design services, or capital equipment, they are developing and implementing supplier partnerships, many of which take on the name and structure of a strategic alliance. Increasingly, top management at large manufacturers and engineer/constructors have come to believe that reducing their supplier base, and thereby increasing the relevance of the relationship between themselves and the remaining suppliers, will achieve their goals of lowering overall costs while improving service and quality. Encouraged by consultants and studies at a number of business schools, company executives have declared that their purchasing departments will pursue strategic alliances as another element in a growing effort to change "business as usual" mentalities within their companies. This paper reviews the rationale for the formation of a strategic alliance between a major industrial manufacturer and a supplier of engineered electrical products. It focuses on the internal processes that were developed to change the culture within both organizations, and the methods of implementation which help insure success in meeting the goal of reducing the total cost of ownership.
Conference Record of 1998 Annual Pulp and Paper Industry Technical Conference (Cat. No.98CH36219)
J D Anderson G Kutin Hamilton Andrews Hill