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Development of an Integrated Model of Strategic Alliance

Indian Journal of Industrial Relations

Volume 54 Issue 3

Published: 2019
Author(s) Name: Som Sekhar Bhattacharyya | Author(s) Affiliation: Assoc. Prof., Strategic Management, National Institute of Industrial Engineering, Mumbai
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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.

Keywords: N.A.

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