Business, Management and Accounting
8 years ago

Strategic alliances boost profits and drive innovation in competitive markets.

Journal of Educational Policy and Entrepreneurial Research
Knowledge Based Inter-Firm Collaborations: A Theoretical Review
LYDIA GACHENGO, Josphat K. Kyalo

Paper Summary

The article explores how companies work together to share knowledge and resources through strategic alliances. These partnerships help firms compete better and become more profitable. By forming alliances, companies can improve their efficiency, access new resources, and enter new markets. Many big companies now rely on these collaborations to grow and stay competitive.

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