Strategic Alliances & Models of Collaboration

Purpose of this paper The purpose of this paper is to engage in a comprehensive review of the research on strategic alliances in the last decade. Design/methodology/approach After presenting a typology of diverse alliance governance forms, we review recent analyses of alliance formation, implementation management, and performance outcomes of collaborative activities. Findings Strategic alliances developed and propagated as formalized interorganizational relationships. These cooperative arrangements represent new organizational formation that seeks to achieve organizational objectives better through collaboration than through competition. Practical implications (if applicable) The paper provides future research directions on partner selection, networks patterns and processes, understanding the integration in alliances through fusion, fission, and how to manage developmental dynamics. What is original/value of paper We conclude with some future directions for theory construction and empirical research.