M&A v.s. Strategic Alliances--from perspective of system thinking

摘要：

Alliance and M&A are two important inter-firm collaborative forms, however,empirical study show that most of the collaboration failed. One reason is that managers havent chosen the right collaborative formation. This article explore the question when to ally, and when to acquire? We assert three factors affect the right choice between alliance and acquire, they are external environment,internal resource and the objective of cooperation. The company make the decision under certain environment which is also be affected by the decision.

关键词： M&A strategic alliances system Thinking

作者: Junmin Yang Bo Xu Haiyan Yan

作者单位: International Business School Shanghai Institute of Foreign Trade

会议类型: 国际会议

会议名称: 2007 Conference on Systems Science, Management Science and System Dynamics(第二届系统科学、管理科学与系统动力学国际会议)

会议地点: 上海

会议语种:英文

页码: 2627-2632

在线出版日期: 2007-10-19（万方平台首次上网日期，不代表论文的发表时间）