scholarly journals The Impact of Firm Speed Capabilities on the Decision to Partner or Go It Alone

2021 ◽  
Author(s):  
Ashton Hawk ◽  
Jeffrey J. Reuer ◽  
Andrew Garofolo

This study empirically examines the role of intrinsic speed capabilities, which refer to the ability to execute investment projects faster than competitors, in shaping corporations’ choice of alliances versus autonomous project development. Our basic premise is that firms lacking intrinsic speed capabilities (i.e., slow firms) are more likely to turn to alliances to supplement their capability deficiency. However, we expect that the ability of slow firms to partner with fast firms hinges on the former’s possession of complementary supporting assets. Our empirical analyses furnish evidence supporting these ideas using data from the global liquefied natural gas industry.

2021 ◽  
Vol 134 (3) ◽  
pp. 3-10
Author(s):  
D. M. Grigoyeva ◽  
◽  
E. B. Fedorova ◽  

To meet the terms of the Paris Agreement, it will be necessary to restructure the world economy, make an energy transition to low-carbon development, which will subsequently affect the conventional energy sources industry and, in particular, the liquefied natural gas (LNG) sector. The article provides an overview of the prospects for reducing the carbon footprint in the gas industry. Technical, political and economic measures of decarbonization formation are given. The prospects of the natural gas export market for Russia are outlined. The classification of technologies related to carbon dioxide capture is presented. Special attention is paid to reducing greenhouse gas emissions in the LNG industry.


1987 ◽  
Vol 5 (1) ◽  
pp. 57-64
Author(s):  
D. G. Stoneman

The highly competitive situation that has evolved in energy markets and in the gas industry itself has made regulations impractical. In anticipation of this situation the Canadian Petroleum Association (CPA) formulated an Alternate Energy Policy to cope with the rapidly changing market conditions and to avoid the confusion resulting from ambiguous regulations. The policy was also designed to be adequate for the complexities of gas marketing and to meet the challenges of other energy forms by competitive pricing. As a result of the intricate nature of the operations of the Canadian natural gas industry the process of deregulation has been lengthy and difficult. Nevertheless significant changes have taken place. By the fall of 1986 some 400 billion† cubic feet or 35% of the eastern Canadian market was served by renegotiated prices under Competitive Marketing Programs started in November 1985. A deregulated natural gas industry will be characterized by multiple buyers and sellers, negotiated wholesale prices free of restrictions and a non-discriminatory gas transportation system. Issues of deregulation still to be resolved include: conflict between honoring contracts and the needs of changing market circumstances; review of the surplus test which governs export quotas; elimination of the export floor price. There are also concerns in the industry about the hindrances to finding other markets and the elimination of provincial taxes.


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