Card Set Information
Voluntary agreements between firms involving exchange, sharingm or co-developing of products, technologies, or services.
Alliances that are based on contractsand that do not involve the sharing of equity.
Equity Based Alliances?
Alliances that involve the use of equity.
One firm invests in another as a strategic investor.
Both firms invest in each other to become cross-shareholders.
The transfer of control of operations and mnagement from one firm (target) to another (acquirer), the former becoming a unit of the latter.
The combination of operations and management of two firms to establish a new legal entity.
An investment in real operations as opposed to financial capital.
A situation in which partners aim to outrun each other by learing the tricks from the other side as fast as possible.
Capability to succesfully manage interfirm relationships.
The difference between the acquisition price and the market value of target firms.
the effective matching of complimentary strategic capabilities.
the similarity in cultures, systems, and structures.
Learning by Doing?
An effective way to learn complex tasks.
A manager's overconfidence in his or her capabilities.