Global Strategy 3rd Edition by Mike Peng

Exercise 3

Some argue that at a 30%-70% failure rate (depending on different studies), strategic alliances and networks have a strikingly high failure rate and that firms need to scale down their alliance and network activities. Others suggest that this failure rate is not particularly higher than the failure rate of new entrepreneurial start-ups, internal corporate ventures, new products launched by single companies, and M As. Therefore, such a failure rate is not of grave concern. Write a short paper describing how you would join this debate.