Interfrm Cooperation Strategy of Hyper-Growth and Stable-Growth ICT Firms in Sweden
Interfrm Cooperation Strategy of Hyper-Growth and Stable-Growth ICT Firms in Sweden
Author(s): Monika GolonkaSubject(s): Economy, Business Economy / Management, ICT Information and Communications Technologies
Published by: Akademia Leona Koźmińskiego
Keywords: interfrm cooperation; alliance portfolio; ICT; hyper-growth firms strategy
Summary/Abstract: Purpose: The main purpose of this study was to compare the phenomenon of interfrm cooperation strategy in both hyper-growth, and stable-growth knowledge and technology–intensive frms, in a country characterized by a high level of generalized trust: Sweden.Methodology: Qualitative methods were incorporated: direct semistructured interviews with top managers in 13 ICT frms (8 hyper-growth and 5 stable-growth), analyzis of reports, corporate websites and press releases. Furthermore, interviews in 3 expert frms in the industry were conducted, facilitating interfrm cooperation.Conclusions: There were signifcant differences in interfrm cooperation strategy in two distinguished groups of the frms: hyper-growth, and stable-growth. Managers’ individual approaches to uncertainty, strategy and cooperation might be more important than institutional settings. The ICT frms operate in a constantly changing global environment and local context seems to have only a minor impact on the rules of the game in the industry.Research limitations: This study was a qualitative explorative approach as an introduction to further empirical research.Originality: The study presents an interfrm cooperation phenomenon incorporating different perspectives and settings. It contributes to alliance portfolio literature (forming and managing of alliance portfolio in a different context/country/industry), and enhances understanding of frm strategies characterized by different growth rates.
Journal: Central European Management Journal
- Issue Year: 24/2016
- Issue No: 4
- Page Range: 70-87
- Page Count: 17
- Language: English