✦ LIBER ✦

Alliances and wealth creation: a corporate renewal perspective

✍ Scribed by U. Srinivasa Rangan; Philip A. Dover; Frank S. Streeter

Publisher: John Wiley and Sons
Year: 2000
Tongue: English
Weight: 114 KB
Volume: 9
Category: Article
ISSN: 1086-1718
DOI: 10.1002/(sici)1099-1697(200001/02)9:1<35::aid-jsc475>3.0.co;2-p

No coin nor oath required. For personal study only.

✦ Synopsis

Creating new wealth lies at the heart of capitalism: traditionally, entrepreneurship is viewed as the primary engine in wealth creation.

. However, creating new wealth can also be the domain of corporate renewal efforts. In the strategic management area, three currently popular research streams deal with aspects of corporate renewal: corporate entrepreneurship, corporate venturing, and strategic evolution. Each research stream claims to provide a distinct solution to different managerial dilemmas facing corporations.

. The article argues that these three approaches are closely interrelated. The main linkage point is the notion of opportunity recognition.

. Recognition of this interdependence of alliance strategy with changing environmental forces leads to the Strategic Change

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