This paper examines empirically the relationship between the internal technological profile and the diversification through strategic alliances of the largest 219 industrial firms world-wide. It explores three related issues. First, the paper shows that firms’ internal technological diversification is more pronounced than external technological diversification. Second, it confirms the idea that...

This paper examines empirically the relationship between the internal technological profile and the diversification through strategic alliances of the largest 219 industrial firms world-wide. It explores three related issues. First, the paper shows that firms’ internal technological diversification is more pronounced than external technological diversification. Second, it confirms the idea that...

Strategic alliances attempt to create a cooperative association between two or more firms to share resources such as product design, production, marketing or distribution. Alliances can be used to avoid the rigidity of some organisational forms, such as mergers and takeovers, and to gain access to knowledge and skills otherwise not available. Despite the rapid growth in the formation of allianc...

Strategic management literature has emphasized the importance of developing trust among alliance partners. Understanding the roles of trust is essential because it is considered to have a substantial impact on the collaboration among alliance partners, and as a result, on the achievement of alliance objectives. Despite the interests in the roles of trust, our understanding of this issue is frag...

In today's environment, creating sustainable value for customers and shareholders requires creating effective alliances. Alliances are essential building blocks for companies to achieve stronger and more effective market presence. Alliances are now a fact of life for business, an important piece of current operations as well as future strategy. This article provides an important and useful pers...

The increasing complexity of business and social settings has lead to innovation becoming a strategic imperative. The need for innovation in the quest for competitive advantage also means that firms must be dynamic and flexible. This is often achieved through collaborative arrangements such as alliances. Many organizations form alliances by leveraging their resources to gain access to the partn...