Options in Alliances

Valuing Flexibility in Inter-Firm Collaborations

  • Francesco Baldi
Part of the SpringerBriefs in Business book series (BRIEFSBUSINESS)

Table of contents

  1. Front Matter
    Pages i-vi
  2. A Real Options-Based Analysis of Synergies Created via Strategic Alliances

    1. Front Matter
      Pages 1-1
    2. Francesco Baldi
      Pages 3-19
    3. Francesco Baldi
      Pages 61-64
  3. Case Studies

About this book

Introduction

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).

Keywords

Managerial Flexibility Portfolio Planning Real Options Strategic Alliances Synergies

Authors and affiliations

  • Francesco Baldi
    • 1
  1. 1.Department of Business and ManagementLUISS Guido Carli UniversityRomeItaly

Bibliographic information

  • DOI https://doi.org/10.1007/978-88-470-2850-0
  • Copyright Information The Author(s) 2013
  • Publisher Name Springer, Milano
  • eBook Packages Business and Economics
  • Print ISBN 978-88-470-2849-4
  • Online ISBN 978-88-470-2850-0
  • Series Print ISSN 2191-5482
  • Series Online ISSN 2191-5490
  • About this book