Small Firms Gain Leverage in Alliances with Giants, Boosting Innovation
Large firms often team up with small firms to boost innovation, forming what's known as asymmetric alliances. This study delves into the challenges faced in these partnerships and suggests ways to improve alliance management for better collaboration. By looking at factors that shape alliance management and comparing asymmetric and symmetric alliances, the researchers propose a new approach to managing asymmetric alliances that can enhance their success.