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Table 4 Properties of representative Hyundai’s partners involved in four groups

From: Configuring an alliance portfolio for eco-friendly innovation in the car industry: Hyundai and Toyota

Groups

Characteristics of alliance portfolios

Representative Toyota’s partners

Patent quality

Degree of collaboration

Potential partners

HIGH

LOW

KRICT

- In 2016, Bio-Chemical commercialization center open for production of bioplastic

Key partners

HIGH

HIGH

GS Caltex

- Development of bio-nylon made from biomass

Nominal partners

LOW

LOW

LG

- Joint development of PLA production technology using bacteria with KAIST in 2009

Diligent partners

LOW

HIGH

Hitachi

- Supply environment-friendly fiber (PTT BCF) to make yarn from corn to produce environmentally friendly car mats for the “Kia Soul EV”

Desco

- Hyundai’s subcontractor

- Inactive R&D in bioplastic