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Innovation alliances: a case study of the Norwegian financial services industry

Andersen, Kevin Aksel; Leivestad, Kristina Lund
Master thesis
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1727169.pdf (3.432Mb)
Preliminary Thesis Report Final Draft.pdf (6.341Mb)
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http://hdl.handle.net/11250/2486349
Utgivelsesdato
2017
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Samlinger
  • Master of Science [1116]
Sammendrag
The objective of this master thesis is to study the connection between strategic

alliances and innovation. We conducted an explorative case study of alliance

formations in the Norwegian financial industry from 2014 to 2017. This study

involved 22 semi-structured interviews and numerous secondary data sources, as

well as academic literature on alliances and innovation. Analysis of our data reaped

an understanding for how and why firms employed alliances to innovate for mobile

payment platforms, blockchain technology, and other highly uncertain outcomes.

To conclude our empirical findings, we present a matrix to inform the decisionmaking

of firms establishing alliances. We propose that the structure of an

innovation alliance will vary according to the firm’s need for control and speed of

the innovation outcome. We also present a conceptual model of interorganisational

innovation to illustrate the ways in which firms can employ alliances for different

innovation purposes. Our findings contradict the “disrupt or be disrupted”

mentality often encountered in organisational innovation. We instead propose a

holistic view of innovation alliances as a medium for achieving balance between

exploration and exploitation. The thesis concludes by discussing the implications

our findings may have for managers and suggesting possibilities for further

research.
Beskrivelse
Masteroppgave(MSc) in Master of Science in Business, Strategy - Handelshøyskolen BI, 2017
Utgiver
BI Norwegian Business School

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