The Role of Strategic Alliances in Developing the Entrepreneurial Ecosystem of ICV Industry: The Case of NIO Inc
Xiao Han ()
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Xiao Han: Ningbo University of Finance & Economics
A chapter in The Clash of Entrepreneurial Cultures?, 2022, pp 129-146 from Springer
Abstract:
Abstract The emergence of the knowledge economy and information technology has increased the value of strategic alliances in a wide range of industries. In recent years, strategic alliances have also developed rapidly in China. The strategic alliance can create an innovative “entrepreneurial ecosystem” by condensing the scientific and technological resources, talents, and excellent platform of scientific research institutes, uniting various professional institutions and innovation systems and mechanisms, establishing a mechanism and environment for the linkage and integration of science and technology, industry, and capital. In this chapter, we analyze and discuss the entrepreneurial ecosystem in the Intelligent Connected Vehicle (ICV) industry through a case study of Chinese ICV firms (NIO Inc.). Results show that, first, strategic alliances play an essential role in the entrepreneurial ecosystem (EE) given the advantage of accessing valuable and complementary external resources that firms do not already possess; second, the strategic alliances as elements of external accumulation sub-ecosystem of the entrepreneurial ecosystem are mutually interdependent and co-evolved with internal accumulation sub-ecosystem.
Keywords: Strategic alliance; Entrepreneurial ecosystem; Sub-ecosystem; ICV industry; NIO Inc. (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:spr:fgfchp:978-3-030-97050-5_11
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DOI: 10.1007/978-3-030-97050-5_11
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