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| Author: | Parkhe, A. |
| Title: | Interfirm diversity in global |
| Journal: | Business Horizons
2001 : NOV-DEC, VOL. 44:6, p. 2-4 |
| Index terms: | ALLIANCES STRATEGY STRATEGIC MANAGEMENT |
| Language: | eng |
| Abstract: | Global strategic alliances join in a common cause companies headquartered m two or more countries. Andersen Consulting reports that the average corporation now manages more than 30 alliances, while many hold portfolios that contain hundreds. Alliances already account for between 6 to 15 percent of the market value of the typical company .Within five years, they are expected to account for 16 to 25 percent of median company value and, astonishingly, more than 40 percent of market value for almost one-quarter of the world's businesses. In current dollars, this means that for advanced economies as a whole, alliances will represent somewhere between $25 trillion and $40 trillion in value within five years. |
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