Digital exploration alliances
Digital disruption has impacted every industry and the spending on digital transformation technologies and services worldwide is estimated to reach USD 2.3 trillion by 2023 (Statista, 2021). Reflecting the increasing importance of digital transformation, many firms are entering into strategic allian...
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| Format: | text |
| Language: | English |
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Institutional Knowledge at Singapore Management University
2021
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| Online Access: | https://ink.library.smu.edu.sg/etd_coll/335 https://ink.library.smu.edu.sg/cgi/viewcontent.cgi?article=1335&context=etd_coll |
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| Institution: | Singapore Management University |
| Language: | English |
| Summary: | Digital disruption has impacted every industry and the spending on digital transformation technologies and services worldwide is estimated to reach USD 2.3 trillion by 2023 (Statista, 2021). Reflecting the increasing importance of digital transformation, many firms are entering into strategic alliances that feature traditional industry leaders and digital technology leaders. Little research, however, examines these digital exploration alliances in a systematic way. Accordingly, this dissertation synthesizes extant literature with a theories-in-use approach to conduct depth interviews with 26 managers, with a collective 797 years of experience, to offer a parsimonious definition of digital exploration alliances (DEA) and outlines the similarities and differences with related concepts. In addition, this dissertation articulates DEA performance criteria and develops seven propositions that bring to fore critical ex-ante factors that are likely to determine DEA performance. The dissertation concludes by discussing implications for both theory and practice, and developing directions for future research in this nascent domain. |
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