0653 - Specialisation in BA EM A: Advanced Topics III - International Marketing and Management
Class objective(s) (learning outcomes)
This module examines the importance of strategic alliances in a global context. Although firms’ commitment to the usage of alliances has increased, failure rates remain high. The course summarizes the various perspectives explaining the heterogeneity in performance of strategic alliances. In this course we seek to understand the phenomenon of strategic alliances in general and global strategic alliances in particular. Some of the questions we tackle are: what are the different types of alliances possible? When should firms use these alliances? How do alliances create (or destroy) value for firms? Should alliances be structured to maximize performance and minimize conflict? Can alliance partners from different institutional, political and cultural contexts work together? How does the alliance evolve over time and what are the strategic, competitive and structural implications? What happens when alliances do not meet their objectives? How can firms improve their alliancing capabilities? Finally we examine new forms of groups of alliances, namely portfolios, constellations and networks and explore sources of synergies and redundancies (if any) in these groups.
Prerequisites according to degree program
No formal prerequisite, however a good grasp of Strategic Management and International Business would be useful
Teaching and learning method(s)
Lectures
Readings
Cases
Group project and presentations
Criteria for successful completion
Thorough reading of compulsory materials
Class and group involvement and participation
Linking readings with cases
Group Project
Availability of instructor(s) for contact by students
By email:
mailto:shalini.rogbeer@wu-wien.ac.at
Tel.
+43 1 31 336 4120
Office Hours
Tuesday: 9.00 - 12.00
Miscellaneous
Cases will be available in a booklet one week before the start of the course.
Reading materials will be posted on the learn@wu website.
The instructor will send out an email to registered students shortly before the course starts on availability of cases and reading materials.
Detailed schedule
Day Date Time Room
Monday 10/27/08 09:30 AM - 12:30 PM Freizeitzentrum
Monday 11/03/08 09:30 AM - 12:30 PM SR 5.43 (A)
Monday 11/10/08 09:30 AM - 12:30 PM Freizeitzentrum
Monday 11/17/08 09:30 AM - 12:30 PM Freizeitzentrum
Monday 11/24/08 09:30 AM - 12:30 PM H 2.19 (A)
Monday 12/01/08 09:30 AM - 12:30 PM H 2.18 (A)
Monday 12/15/08 09:30 AM - 12:30 PM H 2.18 (A)
Monday 12/22/08 09:30 AM - 12:30 PM H 2.18 (A)
Contents

Alliance definitions, rationale, structure and performance;Portfolios and networks, Benefits and costs of various international distances in Global Alliances

Unit Date Contents
1 27.10.2008 Topic: Introduction. Strategic Alliances : Theory and Terminology

Required Readings

a. Dyer JH , Kale P, Singh H. 2001. How to make strategic alliances work. MIT Sloan Management Review, Summer 2001.

b. Dyer JH, Kale P, Singh H. 2004. When to ally and when to acquire? Harvard Business Review, Jul-Aug 2004.

Additional Readings
c. Glaister KW. 2004. The rationale for International Equity Joint Ventures. European Management Journal, 22(5):493-507.

2 03.11.2008 Aligning Alliances and Global Imperatives

CASE: ELI LILLY AND RANDBAXY

Required Readings

a. Nielsen BB. 2003. An Empirical Investigation of the drivers of ISA formation. European Journal of Management, 28(3): 301-322.

b. Henisz WJ, Williamson OE. 2001. Comparative Economic Organization - Within and Between COuntries. Working Paper

Additional Readings
c. Barkema HG, Vermeulen F. 1997. What differences in the cultural backgrounds of partners are detrimental for International Joint Ventures? Journal of International Business Studies, 28(4): 845-864.

3 10.11.2008 Design and Structuring Global Alliances

CASE: AUTOLIV QB

Required Readings
a. Arino A, Reuer JJ. 2004. Designing and renegotiating strategic alliance contracts. Academy of Management Executive 18(3): 37-47.

b. Das TK, Teng BS. 1999. Managing risks in strategic alliances. Academy of Management Executive, 13(4):50-62.

Additional Readings
c. Parkhe A. 1993. Strategic Alliance structuring: a game theoretic and transaction cost examination of interfirm cooperation. Academy of Management Journal, 36(4): 794-829.

4 17.11.2008 Learning in Alliances, Competition and Cooperation

CASE. SHANGHAI GENERAL MOTORS

Required Readings
a. Khanna T, Gulati R, Nohria N. 1998. The dynamics of learning alliances: competition, cooperation, and relative scope. Strategic Management Journal, 19(3): 193-210.

b. Powell WW: 1998. Learning from collaboration: knowledge and networks in the biotechnology and pharmaceutical industries. California Management Review, 40(3): 228-240.

Additional Readings:
c. Hamel G. 1991. Competition for competence and interpartner learning within international strategic alliances. Strategic Management Journal, 12 (1): 83 – 103.

5 24.11.2008 Alliance Management and Evolution

CASE: FREEMOVE ALLIANCE

Required Readings:
a. Inkpen AC, Ross J. 2001. Why do some strategic alliances persist beyond their useful life? California Management Review, 44 (1): 132-148.

b. Ireland RD, Hitt MA. 2002. Alliance management as a source of competitive advantage. Journal of Management, 28(3): 413 - 446.

Additional Readings
c. Nakamura M, Shaver M, Yeung B. 1996. An empirical investigation of joint venture dynamics: evidence from US-Japan joint ventures. Journal of Industrial Organization, 14(4): 512-542.

6 01.12.2008 Trends in Alliances

CASE: STARBUCKS AND NGOs

Required Readings:

a. Zaheer A, George V. Reaching out or reaching within? Performance Implications of alliances and locations in Biotechnology. Managerial and Decision Economics, 25: 437-452.

b. Yaziji M. 2004. Turning Gadflies into allies. Harvard Business Review, 39(3):110-117.

Additional Readings
c. Parise S., Casher A. 2003. Alliance portfolios: designing and managing your network of business-partner relationships. Academy of Management Executive, 17(4):25-39.

7 15.12.2008 PERFORMANCE AND WRAP-UP
What do we know about alliances?

Required Reading
Nielsen BB: 2007. Determining international strategic alliance performance: A multidimensional approach. International Business Review, 16: 337-361.

GROUP PRESENTATION

INSTRUCTOR HANDS OUT TAKE-HOME EXAM

8 18:12:2008 SUBMIT EXAM ELECTRONICALLY
Literature

Shenkar O, & Reuer JJ.: Handbook of Strategic Alliances., SAGE Publications, 2006; Content relevant for class examination: Keine Angabe; Content relevant for degree examination: Keine Angabe; Recommendation: Referenzliteratur

Contractor & Lorange: Cooperative Strategies and Alliances, Elsevier Science, 2002; Content relevant for class examination: Keine Angabe; Content relevant for degree examination: Keine Angabe; Recommendation: Referenzliteratur

Yan and Luo: International Joint Ventures: Theory and Practice, M.E. Sharpe, 2001; Content relevant for class examination: Keine Angabe; Content relevant for degree examination: Keine Angabe; Recommendation: Referenzliteratur



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