Build-Borrow-Buy Framework and Strategic Alliances

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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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