A Discourse on Foresight and the Valuation of Explicit and Tacit Synergies in Strategic Collaborations
One of the most important questions in business partners’ collaboration is whether their strategies create a collaborative synergy and thus add market value. This paper aims to develop a conceptual framework that will be useful for scholars and practitioners in developing foresight for explicit syne...
Published in: | Journal of Risk and Financial Management |
---|---|
Main Author: | |
Format: | Article in Journal/Newspaper |
Language: | English |
Published: |
MDPI AG
2022
|
Subjects: | |
Online Access: | https://doi.org/10.3390/jrfm15070305 https://doaj.org/article/41675f4d30aa45efa29eff6a630d3c1f |
id |
ftdoajarticles:oai:doaj.org/article:41675f4d30aa45efa29eff6a630d3c1f |
---|---|
record_format |
openpolar |
spelling |
ftdoajarticles:oai:doaj.org/article:41675f4d30aa45efa29eff6a630d3c1f 2023-05-15T14:54:01+02:00 A Discourse on Foresight and the Valuation of Explicit and Tacit Synergies in Strategic Collaborations Andrejs Čirjevskis 2022-07-01T00:00:00Z https://doi.org/10.3390/jrfm15070305 https://doaj.org/article/41675f4d30aa45efa29eff6a630d3c1f EN eng MDPI AG https://www.mdpi.com/1911-8074/15/7/305 https://doaj.org/toc/1911-8066 https://doaj.org/toc/1911-8074 doi:10.3390/jrfm15070305 1911-8074 1911-8066 https://doaj.org/article/41675f4d30aa45efa29eff6a630d3c1f Journal of Risk and Financial Management, Vol 15, Iss 305, p 305 (2022) explicit synergy tacit synergy core competence the ARCTIC framework real options collaborative ventures Risk in industry. Risk management HD61 Finance HG1-9999 article 2022 ftdoajarticles https://doi.org/10.3390/jrfm15070305 2022-12-30T22:42:35Z One of the most important questions in business partners’ collaboration is whether their strategies create a collaborative synergy and thus add market value. This paper aims to develop a conceptual framework that will be useful for scholars and practitioners in developing foresight for explicit synergies and valuing tacit synergy in strategic collaborative ventures. The paper comprises a novel theoretical and empirical contribution to the foresight that is required for an explicit competence-based synergy in collaborative ventures from a resource-based view. It employs the ARCTIC framework and values a tacit competence-based synergy using simple and compound real options. Moreover, the paper makes several theoretical and empirical contributions to the study of strategic management, international business, and corporate finance disciplines. Finally, the paper discusses research limitations and future work. Article in Journal/Newspaper Arctic Directory of Open Access Journals: DOAJ Articles Arctic Journal of Risk and Financial Management 15 7 305 |
institution |
Open Polar |
collection |
Directory of Open Access Journals: DOAJ Articles |
op_collection_id |
ftdoajarticles |
language |
English |
topic |
explicit synergy tacit synergy core competence the ARCTIC framework real options collaborative ventures Risk in industry. Risk management HD61 Finance HG1-9999 |
spellingShingle |
explicit synergy tacit synergy core competence the ARCTIC framework real options collaborative ventures Risk in industry. Risk management HD61 Finance HG1-9999 Andrejs Čirjevskis A Discourse on Foresight and the Valuation of Explicit and Tacit Synergies in Strategic Collaborations |
topic_facet |
explicit synergy tacit synergy core competence the ARCTIC framework real options collaborative ventures Risk in industry. Risk management HD61 Finance HG1-9999 |
description |
One of the most important questions in business partners’ collaboration is whether their strategies create a collaborative synergy and thus add market value. This paper aims to develop a conceptual framework that will be useful for scholars and practitioners in developing foresight for explicit synergies and valuing tacit synergy in strategic collaborative ventures. The paper comprises a novel theoretical and empirical contribution to the foresight that is required for an explicit competence-based synergy in collaborative ventures from a resource-based view. It employs the ARCTIC framework and values a tacit competence-based synergy using simple and compound real options. Moreover, the paper makes several theoretical and empirical contributions to the study of strategic management, international business, and corporate finance disciplines. Finally, the paper discusses research limitations and future work. |
format |
Article in Journal/Newspaper |
author |
Andrejs Čirjevskis |
author_facet |
Andrejs Čirjevskis |
author_sort |
Andrejs Čirjevskis |
title |
A Discourse on Foresight and the Valuation of Explicit and Tacit Synergies in Strategic Collaborations |
title_short |
A Discourse on Foresight and the Valuation of Explicit and Tacit Synergies in Strategic Collaborations |
title_full |
A Discourse on Foresight and the Valuation of Explicit and Tacit Synergies in Strategic Collaborations |
title_fullStr |
A Discourse on Foresight and the Valuation of Explicit and Tacit Synergies in Strategic Collaborations |
title_full_unstemmed |
A Discourse on Foresight and the Valuation of Explicit and Tacit Synergies in Strategic Collaborations |
title_sort |
discourse on foresight and the valuation of explicit and tacit synergies in strategic collaborations |
publisher |
MDPI AG |
publishDate |
2022 |
url |
https://doi.org/10.3390/jrfm15070305 https://doaj.org/article/41675f4d30aa45efa29eff6a630d3c1f |
geographic |
Arctic |
geographic_facet |
Arctic |
genre |
Arctic |
genre_facet |
Arctic |
op_source |
Journal of Risk and Financial Management, Vol 15, Iss 305, p 305 (2022) |
op_relation |
https://www.mdpi.com/1911-8074/15/7/305 https://doaj.org/toc/1911-8066 https://doaj.org/toc/1911-8074 doi:10.3390/jrfm15070305 1911-8074 1911-8066 https://doaj.org/article/41675f4d30aa45efa29eff6a630d3c1f |
op_doi |
https://doi.org/10.3390/jrfm15070305 |
container_title |
Journal of Risk and Financial Management |
container_volume |
15 |
container_issue |
7 |
container_start_page |
305 |
_version_ |
1766325705126182912 |