Iranian Research Organisation for Science and Technology Journal of Technology Development Management 2008-5060 6 2 2018 08 23 Value Capturing in Technological Strategic Alliances and Factors Affecting Its Various Dimensions: A Case Study of the Automotive Industry Value Capturing in Technological Strategic Alliances and Factors Affecting Its Various Dimensions: A Case Study of the Automotive Industry 9 48 747 10.22104/jtdm.2018.2964.1999 FA Ahmad Jafarnejad Professor, Department of Management, University of Tehran, Tehran, Iran Laya Olfat Department of Industrial Management , Faculty of management and according, Allameh Tabatabai university, Tehran, Iran Nima MOkhtarzadeh Assistant Professor, Department of Management, University of Tehran, Tehran, Iran Mehdi Elyasi Department of Industrial Management , Faculty of management and according, Allameh Tabatabai university, Tehran, Iran Saiedeh Sadat Ahangari Department of Management, University of Tehran, Tehran, Iran Journal Article 2017 06 10 Nowadays, due to the complexity and uncertainty in the business environment, joining strategic alliances, as a source of innovation and gaining competitive advantage, especially for the technical and technological development or technology transfer is required more than ever.  Several studies show the high rate of failure in these types of alliances. The alliance is successful at the same time as the joint ventures create a common value, and each party acquires its share of the alliance. But the main challenge comes from the value acquisition. In this paper, "the value takeover in the technological strategic alliances" has been investigated as one of the important factors influencing the success or failure of this type of alliances and is defined as "the total firm value of the union, plus the share of the firm of the joint value created." After reviewing the literature and identifying the factors affecting the dimensions of value capturing, the importance of each of these factors was examined using fuzzy best-worst method (FBWM) in the automotive industry. The results indicate that absorptive capacity, bargaining power and previous general experience of the firm are the most important factors affecting value capturing in the technological strategic alliances, and firms must focus on these factors in order to gain value from an alliance.  Nowadays, due to the complexity and uncertainty in the business environment, joining strategic alliances, as a source of innovation and gaining competitive advantage, especially for the technical and technological development or technology transfer is required more than ever.  Several studies show the high rate of failure in these types of alliances. The alliance is successful at the same time as the joint ventures create a common value, and each party acquires its share of the alliance. But the main challenge comes from the value acquisition. In this paper, "the value takeover in the technological strategic alliances" has been investigated as one of the important factors influencing the success or failure of this type of alliances and is defined as "the total firm value of the union, plus the share of the firm of the joint value created." After reviewing the literature and identifying the factors affecting the dimensions of value capturing, the importance of each of these factors was examined using fuzzy best-worst method (FBWM) in the automotive industry. The results indicate that absorptive capacity, bargaining power and previous general experience of the firm are the most important factors affecting value capturing in the technological strategic alliances, and firms must focus on these factors in order to gain value from an alliance.  https://jtdm.irost.ir/article_747_831550f1f94dfd889051b27501ede828.pdf