International Friction and Cooperation in High-Technology Development and Trade Papers and Proceedings (1997) / Chapter Skim
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Strategic Alliances Among Private Firms
Strategic Alliances Among Private Firms
Pages 216-229
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From page 216... ...
Finally, we will hear from Alan Tonelson, who is a fellow of the Economic Strategy Institute and a former associate editor of Foreign Policy magazine and a prolific writer on foreign policy and its relation to economic interests.
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There are a lot of very important technological factors driving strategic alliance partnering internationally. Other factors that I suggest are very much related to considerations inside r.
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From page 218... ...
And this is very important to appreciate, particularly if you are in the information technology industry or if you are in an aircraft industry, or even in an older industry, such as automobiles. Convergence: A related trend that I believe is important to identify in looking at alliance partnering is technological convergence.
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From page 219... ...
that were enacted during the late 1970s and 1980s against the Japanese automotive industry here in the United States. Those VERs were instrumental in bringing Japanese automobile manufacturers to form strategic alliances with U.S.
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So technical standards will continue to be a driving element and will be an influence in a number of industries for strategic alliance formation. These are some of the most important factors that are driving alliances.
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Increasingly, strategic alliances are generating friction between domestic companies and their national governments. This is a very different type of trend than what we are seeing today when we talk about competition policies and different types of direct foreign investment policies.
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From page 222... ...
firm is a difficult thing to assess, particularly as more and more strategic alliances involve cross-equity investment exchanges. Coalitions and national treatment: When we look at coalitions, devising national treatment policies can be very tricky in terms of how to assess the national identity of a particular company, particularly if you are sharing production facilities across a range of different countries, which is what is occurring in many industries.
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In essence, are international strategic alliances making obsolete any attempt at national technology or industrial policies? Thank you.
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It could be a cartel agreement, it could be a joint venture, it could be another cooperative agreement in R&D. CAROL EVANS: There are many definitions that exist for international strategic alliances.
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The first 36 years of the semiconductor industry's history, ending in 1994, resulted in a $100 billion market. Within the next five or six years, our industry will generate its second $100 billion in annual sales growth, which means that we will double our revenue in just five to six years.
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From page 226... ...
In addition to the obvious need to share cost and risk, alliances are formed frequently to speed market entry, establish de facto standards, and gain access to restricted markets. Finally, customers enter alliances to gain guaranteed supply, whereas governments participate to ensure that their citizens are not just consumers of high technology, but producers as well.
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National Technology Programs and Strategic Alliances in a Global Economy: A Challenge for Public Policy? Alan Tonelson, Economic Strategy Institute I would like to thank the National Research Council for the chance to make some brief remarks about the public policy challenge of national technology programs, corporate strategic alliances, and their interaction.
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From page 228... ...
Third, and here we get a bit loftier and more conceptual, the failure to develop adequate public policy responses to globalized capital and technology flows will have staggering economic, social, and political implications that few are thinking about systematically today. Just one example.
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From page 229... ...
Everyone in the economic, business, and political science fields throws around words such as interdependence, integration, globalization, even cooperation. In my view, without fully recognizing their implications, the prevailing assumption seems to be that these are forces that are strangely one dimensional in their nature, in the sense that they can only unfold naturally in ways consistent with the worldwide triumph of pure laissez faire and comparative advantage, whether static or dynamic or whatever form of comparative advantage you happen to believe in.
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