کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
1014914 939697 2014 13 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Alliance dynamics through real options: The case of an alliance between competing pharmaceutical companies
ترجمه فارسی عنوان
پویایی اتحاد از طریق گزینه های واقعی: مورد اتحاد بین شرکت های دارویی رقیب
کلمات کلیدی
موضوعات مرتبط
علوم انسانی و اجتماعی مدیریت، کسب و کار و حسابداری کسب و کار و مدیریت بین المللی
چکیده انگلیسی


• We developed an influence diagram mapping the real options dynamics in alliances.
• We identified three growth options: unexpected discovery, reputation, interactive options.
• These options were created by the collective, that is, an alliance.
• Collective real options can be exploited collectively, independently or not at all.
• Environmental and social uncertainties influence option strategies in alliances.

SummaryThis paper aims to better understand the dynamic aspects of strategic alliances between competitors, by relying on both the real options approach and the system dynamics approach. It raises the following question: what are the behavioral dynamics of real options in alliances? The systemic qualitative model we built from the study of an alliance formed by two competing firms around an R&D project revealed three sets of feedback structures (the “expected flexibility”, “uncertainty” and “collaborative skills and knowledge” dynamics), in which are embedded three types of real growth options (that is, unexpected discovery, relational reputation and interactive options). While previous studies have often focused on how partners unilaterally manage real options to reduce uncertainty, our study allowed us to identify the real options created by the alliance, which can be exploited collectively, independently by each partner or not at all, and to capture their dynamic aspects.

ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: European Management Journal - Volume 32, Issue 2, April 2014, Pages 337–349
نویسندگان
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