Concept information
social science subjects
business and management
international business
economics of international business
...
business and management
organization studies
organization studies encyc
organizational relations
...
organization studies
organization studies encyc
approaches to management theory
strategic management
Preferred term
strategic alliances
Definition
- Strategic alliances (SA) are trading partnerships and new business forms that enable participating firms to achieve strategic objectives beyond their existing capabilities by providing for mutual resource exchanges (technologies, skills, or products). SA involve two or more partner firms that: (1) remain legally independent after the alliance is formed; (2) share benefits and managerial control over the performance of the partnership; and (3) make continuing contributions to the partnership, according to Yoshino and Rangan. [Source: International Encyclopedia of Organization Studies; Strategic Alliances]
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URI
https://concepts.sagepub.com/social-science/concept/strategic_alliances
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