Multi-partner alliances
3 important questions on Multi-partner alliances
Challenge of multi-partner alliance
The tension between maximizing potential synergies while simultaneously preventing and controlling free riding behaviour
Why is freeriding a key hazard in multi-partner alliances
Due to group size, lower sense of responsibility
Five mechanisms to manage the challenges of multi-partner alliance
1. Resource complementarity (ensure partners contribute unique resources for synergy)
2. Task organisation (make identifiable transparant tasks for each partner to enable monitoring and reduce free riding
3. Contractual governance: MPAs tend to be organized through non-equity-based so supplement with transparent incentive system
4. Relational governance (build strong social capital, to curb freeriding)
5. Orchestrator role: appoin active leadership which is responsible for the pro-active management of the multi-partner alliance
2. Task organisation (make identifiable transparant tasks for each partner to enable monitoring and reduce free riding
3. Contractual governance: MPAs tend to be organized through non-equity-based so supplement with transparent incentive system
4. Relational governance (build strong social capital, to curb freeriding)
5. Orchestrator role: appoin active leadership which is responsible for the pro-active management of the multi-partner alliance
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