ABSTRACT

The definitions of strategic alliances vary, depending on what the scholars give attention to. Some definitions highlight the resource-seeking nature of strategic alliances (Teece, 1992), others focus on their use to achieve competitive advantages (Das and Teng, 2000), and yet others consider the blurring of organisational boundaries (Mintzberg et al., 2009). There are various types of equity and non-equity based alliances which can be located along a continuum with short-term pure market transactions at one extreme and long-term complete ownership solutions at the other extreme (Peng, 2006) (see Figure 7.1). A continuum of the different strategic alliance forms https://s3-euw1-ap-pe-df-pch-content-public-p.s3.eu-west-1.amazonaws.com/9780203847350/d24c1124-0d05-4040-8687-f48dcce8110e/content/fig7_1_B.tif" xmlns:xlink="https://www.w3.org/1999/xlink"/> (source: Peng, 2006)