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Market Change and Alliance Portfolio Configuration: Evidence from the Global Airline Industry

Research Project

Project/Area Number 20K13584
Research Category

Grant-in-Aid for Early-Career Scientists

Allocation TypeMulti-year Fund
Review Section Basic Section 07080:Business administration-related
Research InstitutionHitotsubashi University

Principal Investigator

LEE Jinju  一橋大学, 大学院経営管理研究科, 講師 (30870224)

Project Period (FY) 2020-04-01 – 2022-03-31
Project Status Completed (Fiscal Year 2021)
Budget Amount *help
¥3,250,000 (Direct Cost: ¥2,500,000、Indirect Cost: ¥750,000)
Fiscal Year 2021: ¥1,560,000 (Direct Cost: ¥1,200,000、Indirect Cost: ¥360,000)
Fiscal Year 2020: ¥1,690,000 (Direct Cost: ¥1,300,000、Indirect Cost: ¥390,000)
KeywordsCorporate Strategy / Strategic Alliance / Value Chain / Competition Strategy / Alliance Porffolio / Global Value Chain / Demand Shock / Alliance Portfolio / Airline Industry / Competitive Dynamics
Outline of Research at the Start

Designing and configuring the alliance portfolio structure is a critical issue in alliance management. Focusing on the global airlines industry, I investigate how firms strategically adjust their alliance portfolios as a reaction to the market demand shock and competition structure changes.

Outline of Final Research Achievements

This research investigated competitive strategies under different types of market change: demand shock and competitive structure change. I found preliminary results suggesting differential impacts of firm behavioral characteristics (e.g., learning orientation) on resource reallocation and resource configuration decisions under COVID-19 pandemic. The second project results suggest that the market shock created disturbance on alliance formation patterns (linearity and choice of value chain). The implications of this research provide a more holistic view in building an optimal structure of the global value chain and cooperative relationships with competitors.

Academic Significance and Societal Importance of the Research Achievements

This research aims to provide a more holistic view in managing the organizational resource and learning activities under unexpected market changes. The findings provide practical implications to understand about strategic resource sharing and partnership to facilitate cooperation with competitors.

Report

(3 results)
  • 2021 Annual Research Report   Final Research Report ( PDF )
  • 2020 Research-status Report
  • Research Products

    (1 results)

All 2022

All Presentation (1 results) (of which Int'l Joint Research: 1 results,  Invited: 1 results)

  • [Presentation] When is Value Chain Strategy More Powerful?: GVC Management in the Korean Fashion Apparel Industry2022

    • Author(s)
      Jinju Lee
    • Organizer
      Academy of Management Annual Conference
    • Related Report
      2021 Annual Research Report
    • Int'l Joint Research / Invited

URL: 

Published: 2020-04-28   Modified: 2023-01-30  

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