Risk-based perspective on the choice of alliance governance in high-tech industries

2017 ◽  
Vol 23 (5) ◽  
pp. 671-688
Author(s):  
Hwan-Jin Kim ◽  
Byung-Keun Kim

AbstractThis paper examines the influence of risks on alliance governance modes in high-tech industries. The extant literature has devoted little attention to the preferred governance mode based on the risks surrounding alliances. In this paper, we examine why risks are key factors in the alliance governance decision and investigate the choice of alliance governance mode in high-tech industries. Hypotheses are formulated based on risk perspectives; these hypotheses are empirically tested using data on 3,228 alliance records generated over the past 5 years in high-tech industries. The results suggest that risk perspectives provide an effective rationale for choosing an alliance governance mode in a high-tech industry. In the conclusion, we discuss critical issues in the current debates on predicting alliance governance modes.

2015 ◽  
Vol 65 (s2) ◽  
pp. 101-113 ◽  
Author(s):  
Ling Jiang ◽  
Yunyu Jiang ◽  
Zhijun Wu ◽  
Dongsheng Liao ◽  
Runfa Xu

In the era of knowledge economy, a country’s economic competitiveness depends largely on the development level of high-tech industry. This paper evaluates the efficiency of China’s high-tech industry in 31 provinces in 2012 with data envelopment analysis. The empirical results are summarized as following. Firstly, when the effects of exogenous environmental variables are not controlled, the comprehensive technical efficiency of 31 provinces will be overestimated, the pure technical efficiency will be underestimated, and the scale efficiency value will be overestimated. Secondly, after eliminating the environmental impact, the comprehensive technical efficiency of 31 provinces with the average of 0.395 is rather low, due to the low scale efficiency.


2013 ◽  
Vol 694-697 ◽  
pp. 3453-3457 ◽  
Author(s):  
Ying Mei Tu ◽  
Chun Wei Lu ◽  
Sheng Hung Chang

Semiconductor manufacturing is a capital-intensive and high-tech industry. In order to reduce installation cost and increase production flexibility, twin-fab concept has been established over the past decade, which means two neighboring fabs can be connected to each other by automatic transportation system (AMHS). The capacity backup can be performed between twin fabs to increase whole performance. In this work, a performance evaluation model is proposed to estimate the whole production performance of twin fabs under backup policy. Two situations of capacity shortage are discussed, temporary and permanent capacity shortage. The queuing theory and Little’s Law are used in this model. Besides, the expected value is applied for the estimation of the transportation time under backup activities. Based on the evaluation model, managers can obtain an appropriate estimation of performance under capacity backup in twin-fab environment, which will help to get the reliable information for decision making.


Author(s):  
Jatinder D. Gupta ◽  
Sushil K. Sharma ◽  
Jeffrey Hsu

One of the key factors that distinguishes the intelligent business enterprise of the 21st century is the emphasis on knowledge and information. Unlike businesses of the past, the fast, high-tech, and global emphasis of businesses today requires the ability to capture, manage, and utilize knowledge and information in order to improve efficiency, better serve customers, manage the competition, and keep pace with never-ending changes. Knowledge management is an important means by which organizations can better manage information and, more importantly, knowledge. Unlike other techniques, knowledge management is not always easy to define because it encompasses a range of concepts, management tasks, technologies, and practices, all of which come under the umbrella of the management of knowledge. This chapter takes a broad view of the topic of knowledge management and aims to provide a comprehensive overview of knowledge management — the technologies, processes, and concepts involved, and the challenges and future of this important area.


2016 ◽  
Vol 32 (6) ◽  
pp. 12-14 ◽  
Author(s):  
Safwan Mchawrab

Purpose In the past decade, a high substantial number of academic literature and press articles have questioned merger or acquisition (M&A) transactions. If this enthusiasm towards M&A can be explained by the importance and the influence of any merger or acquisition decision for a company, it can be also attributed to the volume and the number of transactions that have been reported. This paper aims to analyse the value and the valuation of the most recent M&A deal in high tech industry. Design/methodology/approach This briefing is prepared by an independent writer who adds their own impartial comments and places the articles in context. Findings The valuation tools and methods play a central role in M&A deal. Improving these tools to capture the uncertainty that embeds M&A deals remain the most challenging task for both practitioners and researchers. Practical implications The paper provides strategic insights and practical thinking that have influenced some of the world’s leading organizations. Originality/value The briefing saves busy executives and researchers hours of reading time by selecting only the very best, most pertinent information and presenting it in a condensed and easy-to-digest format.


2015 ◽  
Vol 795 ◽  
pp. 53-60
Author(s):  
Ismena Dzida ◽  
Marek Szajt

The article refers to the issues related to the development of high-tech industry. The text describes the history of the beginning of its development that as well as the main factors that determine its origins that development and location. Scientific description highlights the importance of high-tech industry. It is the cooperation of scientific knowledge with technological capabilities of the twenty-first century and a reasonable use of the opportunities offered by financial institutions while using the modern infrastructure. aim of this work is to identify the role of high-tech industry in the economy of European countries, especially Polish. The description illustrating the situation of the world technology helps decide the place of Poland in technological reality. Large differences in the political burden of the past significantly delayed the Polish industry. The positives of the current situation of Polish industry are constantly increasing expenditures on research and development and the use of the possibilities offered by EU funds for the financing of innovative projects. The existence of technology parks and special economic zones in Poland described in the article also brings with it the opportunities for the development of high-tech in the future.


2013 ◽  
Vol 869-870 ◽  
pp. 737-740
Author(s):  
Te Fu Chen ◽  
Chieh Heng Ko ◽  
Chien Chao Huang ◽  
Wen Cheng Wang

The study adopts the model of sustainable development: three overlapping spheres (environment, society and economy) to examine green management in high-tech industry and through the case study of Samsung. Samsung Electronics adopted guidelines for protecting the environment and preserving human life on earth. The organization launched Green Management, which embodies 5 concepts: greening of Management, greening of Product, greening of Processes, greening of Workplace, and greening of Communities. The division has implemented the greening of management, products, procedures, workplaces, and local communities, by practicing focused green management. As declared in the ESH Policy, the Samsung Semiconductor Division considers environment, safety, and health as the key factors of its corporate management. To clean up and protect the environment and preserve life on earth, Samsung Electronics conducts extensive activities that integrate the concepts of environment, safety, health, and disaster prevention as the key factors of green management.


2015 ◽  
Vol 2015 (1) ◽  
pp. 11820
Author(s):  
Jeongho Choi ◽  
Farok J. Contractor

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