MGT 357 Lecture 13: Lecture 13 MGT 357
Document Summary
Transfer: managing the flow of existing knowledge between parents and from the parents to the ijv. Transformation: managing the transformation and creation of knowledge within the ijv through its independent activities. Harvest: managing the flow of transformed and newly created knowledge from the ijv back to the parents. Profitability impacted by taxation and restrictions on repatriation. Cross-border strategic alliances are formed for many reasons: market expansion, cost/technology-sharing, avoiding protectionism, synergies. Smes can leverage network relationships to accelerate the internationalization process. Alliances take many forms but can fail in the strategic implementation phase. Successful alliances require compatible partners and the creation of a system of fits.