Options in Alliances: Valuing Flexibility in Inter-Firm Collaborations

By Francesco Baldi

The real options-based conceptual framework for alliance-making presented here responds to the challenge of developing a new metrics for managing strategic partnerships in the face of uncertainty. Such a framework involves: mapping (and selecting one of) the various staged paths envisioned for the start-up and development of the alliance in terms of strategic options exercisable over the lifetime of the cooperative venture; assessing the incremental, synergistic value of those options (if exercised on the net, tangible and intangible, assets of the venture); anticipating the potential impact of risks on the success/failure of the venture and associated synergistic value erosion; defining the optimal option map for implementing the strategic alliance via potential, successive adjustments to the initial strategy (information loop is closed).

• Format: Paperback
• Language: English
• ISBN: 8847028493
• ISBN13: 9788847028494
• Release Date: November 2012
• Publisher: Springer
• Length: 79 Pages
• Weight: 0.30 lbs.
• Dimensions: 0.2" x 6.1" x 9.2"