STRATEGIC ALLIANCES IN TECHNOLOGICAL INNOVATIONS
1.0 INTRODUCTION 3
1.1 BACK GROUND OF THE STUDY 3
1.2 PURPOSE 4
1.3 SCOPE OF THE STUDY 4
2.0 TYPES OF STRATEGIC ALLIANCES 5
2.1 JOINT VENTURES 5
2.2 COLLABORATION 6
2.3 MERGERS AND ACQUISITIONS. (M&A) 7
2.4 R&D CONSORTIA. 8
3.0 STRATEGIC ROLES OF STRATEGIC ALLIANCES 8
3.1 TECHNOLOGICAL SOPHISTICATION 9
3.2 TRAINING 9
3.3 MARKET ENTRY. 9
3.4 SHARING RISKS AND EXPENSES. 9
3.5 SYNERGISTIC EFFECTS OF SHARED KNOWLEDGE AND EXPERTISE. 10
3.6 GAINING COMPETITIVE ADVANTAGE. 10
3.7 REDUCE POLITICAL RISKS WHEN ENTERING NEW MARKETS. 10
4.0 DRAW BACKS OF STRATEGIC ALLIANCES 11
4.1 COMPETING INTEREST. 11
4.2 DEDICATION OF RESOURCES. 12
4.3 ATTENDING TO GOVERNANCE 12
5.0 STRATEGIC ALLIANCE PROCESS IN TECHNOLOGIVAL INNOVATIONS 13
5.1 STRATEGY DEVELOPMENT 14
5.2 PARTNER ASSESSMENT 14
5.3 CONTRACT NEGOTIATION 14
5.4 MANAGEMENT AND EVALUATION OF THE ALLIANCE 15
5.5 ALLIANCE TERMINATION 15
5.6 ALLIANCE PORTFOLIO 15
6.0 THEORIES TO ANALYSE STRATEGIC ALLIANCES. 15
6.1 GAME THEORY 16
6.2 STRATEGIC BEHAVIORAL THEORY 16
6.3 TRANSACTIONAL COST ECONOMIES (WILLIAMSON, 1985 ...