The Foresight of Explicit and Valuation of Tacit Synergies in International Alliance by Real Options

Andrejs Čirjevskis ()
Additional contact information
Andrejs Čirjevskis: RISEBA University of Applied Sciences in Business, Arts and Technology, Business Department

Chapter Chapter 48 in Advances in Empirical Economic Research, 2023, pp 783-801 from Springer

Abstract: Abstract One of the most important questions in business partners’ collaboration is whether their strategies create a collaborative synergy and, thus, add market value. This chapter aims to develop a conceptual framework useful for scholars and practitioners to the foresight of explicit synergies and value a tacit synergy in strategic collaborative ventures. This chapter is novel theoretical and empirical contributions to foresight an explicit competence-based synergy in international alliance from the resources-based view employing the ARCTIC framework and values a tacit competence-based synergy using compound real option applications. This is the main theoretical contribution of this chapter. Moreover, this chapter makes several theoretical and empirical contributions to strategic management, international business, and corporate finance disciplines. In the end, this chapter discusses research limitations and future work.

Keywords: Explicit synergy; Tacit synergy; Resource-based view; Core competence; The ARCTIC framework; Real options; International alliance (search for similar items in EconPapers)
Date: 2023
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:prbchp:978-3-031-22749-3_48

Ordering information: This item can be ordered from
http://www.springer.com/9783031227493

DOI: 10.1007/978-3-031-22749-3_48

Access Statistics for this chapter

More chapters in Springer Proceedings in Business and Economics from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().