Pre-entrants to the industry incubation stage use alliances and acquisitions by developing new core technologies to create a portfolio of various sourcing modes.
The industry incubation stage can be defined as the period between when an industry experiences a technological breakthrough of its first product and the first instance of its commercialization.
In Business management, pre-entrants to the industry incubation stage typically make use of strategic alliances and acquisitions by developing new core technologies to create a portfolio of various sourcing modes.
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Complete Question:
How do pre-entrants to the industry incubation stage choose between alliances and acquisitions for technical capabilities and specialized complementary asset?
