Indian Journal of Industrial Relations: Economics & Social Dev.

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Development of an Integrated Model of Strategic Alliance


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1 National Institute of Industrial Engineering, Vihar Lake Road, Mumbai, 400087, India
     

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Strategic alliances (SAs) have become a central perspective on strategic management of firms. Inter-firm collaboration (and not just competition) as an approach has been established as a new way of thinking for strategy managers. Strategic alliances can create value for firms very quickly, yet history is replete with instances wherein many of them have failed prematurely. SAs can be better managed if managers can apply an integrated perspective. This paper attempts to develop an integrated framework on SA based upon inputs from strategic management theories like Resource Based View, Industrial Organization Theory, Dynamic Capabilities, Agency Theory, Transaction Cost Economies and Stakeholder Theory.
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  • Development of an Integrated Model of Strategic Alliance

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Authors

Som Sekhar Bhattacharyya
National Institute of Industrial Engineering, Vihar Lake Road, Mumbai, 400087, India

Abstract


Strategic alliances (SAs) have become a central perspective on strategic management of firms. Inter-firm collaboration (and not just competition) as an approach has been established as a new way of thinking for strategy managers. Strategic alliances can create value for firms very quickly, yet history is replete with instances wherein many of them have failed prematurely. SAs can be better managed if managers can apply an integrated perspective. This paper attempts to develop an integrated framework on SA based upon inputs from strategic management theories like Resource Based View, Industrial Organization Theory, Dynamic Capabilities, Agency Theory, Transaction Cost Economies and Stakeholder Theory.

References