Strategic Alliances

Strategic alliances have generally been used to refer to relationships that allow an organization to access the strengths and capabilities of other organizations. The strategy behind such an alliance is for each firm in the alliance to draw on the core competencies of the other firm(s) with the goal of facilitating growth and development. In many advanced nations, strategic alliances are subsidized by the public sector in the belief that they advance economic growth. This public/private partnership often involves universities or government agencies as the public partner. This book was originally published as a special issue of Economics of Innovation and New Technology.