6 Questions
What does the Build-Borrow-Buy Framework help firms in deciding?
Whether to pursue internal development, enter a contractual arrangement, or acquire new resources
What is the main characteristic of a Real Option?
It provides the right, but not the obligation, to make further investments
In a Non-Equity Alliance, what is the basis of partnership between firms?
Contractual agreements
What characterizes a Corporate Venture Capital (CVC) relationship?
Established firms invest in entrepreneurial ventures
What defines a Relational View of Competitive Advantage?
Resources and capabilities are embedded in strategic alliances
In Learning Races within Strategic Alliances, what situation may occur?
One partner learns significantly faster than the other
Explore key concepts such as the Build-Borrow-Buy Framework, which helps firms decide on internal development, contractual arrangements, or acquisitions, and Strategic Alliances, voluntary partnerships between firms to share knowledge and resources. Learn about Learning Races in Strategic Alliances.
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