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Advantages include reduced costs and ready access to select markets. Also, financial risks can be spread out with joint undertakings. Alliances can be used to reduce the cost of research and development and reduce the amount of time it takes to get the product from the research stage to market.
Victor Gilsing has written: 'The dynamics of innovation and strategic alliances' -- subject(s): Business networks, Communities of practice, Economic aspects, Economic aspects of Technological innovations, Organizational change, Organizational learning, Strategic alliances (Business), Technological innovations
Hakikur Rahman has written: 'Cases on SMEs and open innovation' -- subject(s): Diffusion of innovations, Technological innovations, Management, Small business, Strategic alliances (Business), Industrial Research, Case studies 'SMEs and open innovation' -- subject(s): Diffusion of innovations, Technological innovations, Management, Small business, Strategic alliances (Business), Industrial Research, Case studies
Steve Steinhilber has written: 'Strategic alliances' -- subject(s): Strategic alliances (Business)
Everything is temporary. Strategic alliances last longer than non-strategic ones but end when one of the parties finds the alliance no longer fits its strategies.
K. Byrne has written: 'A study of strategic alliances as an emerging competitive strategy' -- subject(s): Strategic alliances (Business)
it is based on innovations and to achieve the objective.
when agreements are carried out through contract rather than ownership sharing. Many airline shares their strategic resources with alliances globally.
Jong-Hun Park has written: 'On the effects of strategic alliances on partners' output' -- subject(s): Strategic alliances (Business)
when agreements are carried out through contract rather than ownership sharing. Many airline shares their strategic resources with alliances globally.
Companies benefit from forming international joint ventures and strategic alliances by gaining access to new markets, sharing resources and knowledge, reducing risks, and leveraging the expertise of their partners. By working together, they can achieve synergies and competitive advantages that would be difficult to achieve on their own.
James J. Chrisman has written: 'Innovation and entrepreneurship in Western Canada' -- subject(s): Technological innovations, Congresses, Economic conditions, Strategic alliances (Business), Industrial Research, Entrepreneurship