Information Sharing in Drives Alliance Partner Concept

Työssä oli selkeästi kaksi tavoitetta. Ensimmäisenä tavoitteena oli tutkia, millaisesta kumppanuudesta Drives Alliance Partner -konsepti (DAP) muodostuu. Työn toisena tavoitteena oli selvittää ja analysoida DAP-konseptin informaation jakamiseen liittyvät tietotyypit, ja tehdä esitys siitä, mitä tietoa ABB:nja kumppaneiden välillä tulisi vaihtaa. Jotta kumppanuuden tila saatiin selville, tehtiin ABB:n sisäisiä haastatteluja sekä käytettiin hyväksi DAP-konseptista tehtyä dokumentaatiota. Informaation jakamiseen liittyvä tietotarpeiden kartoitus toteutettiin web-pohjaisen kyselyn avulla. Kysely toimitettiin osalle ABB:n nykyisistä kumppaneista sekä sellaisille ABB:n työntekijöille, jotka liittyvät DAP- konseptiin. Työssä luotiin malli kuvaamaan informaation vaihtoa partnereiden j a ABB :n välillä. Malliin otettiin mukaan ne tietotarpeet, jotka tehdyn kyselyn mukaan osoittautuivat tarpeellisiksi. Kumppanuuksiin syventymisen myötä tiedonvaihdon merkitys tulee entisestään korostumaan, mikä asettaa uusia haasteita ABB:lle.

Comovement of stock price risk in strategic alliance — Case: mobile internet

The focus of this study has been comovement of stock price risk level between two companies as they form strategic alliance. Thus the main reason has been to shed more light to possible increased risk level that the stockholder confronts when a company he owns forms a strategic alliance with another company. This study has centralized to interfirm cooperation between mobile and internet companies, which have furthered the development of mobile internet. The study has been divided into theoretical and empirical part. In theoretical part the main concepts riskiness of a stock (volatility), comovement and strategic alliance have been run through. In empirical part seven strategic alliances formed by mobile internet companies have been examined. Based on this, strategic alliance seems to increase comovement of stock price risk in some degree. This comovement seems to be stronger when core businesses or operating environments of cooperating companies differ more from each other.

The role of alliance capabilities in alliance portfolio management

The question of why some firms perform better in managing their alliances has raised interest among scholars and managers. Whereas inter-firm factors influencing the alliance performance such as strategic fit between partners and the existence of complementarities have been studied extensively, research on firm-level antecedents is rather scarce. Therefore this study investigates the role of firm’s alliance capability in the alliance success equation. Particularly it analyses the specialized mechanisms and processes set up by firm in order to facilitate alliancerelated know-how leverage organization-wise. Evidence from a cross-industry sample of R&D intensive Finnish companies supports the fact that firms which have invested in institutionalizing alliance capabilities outperform their counterparts in alliance portfolio management. Results also suggest that firms need to adjust alliance management tools depending on the alliance portfolio size, prior experience with inter-firm partnerships and the strategic importance of alliances. Furthermore, absorptive capacity is found to be crucial for successful alliance management, its role being complementary to that of alliance capability. Finally, firms that have successful alliances also enjoy higher financial, market and innovation performance.