Strategic partnerships means conventional alliance between two commercial enterprises, usually formalized by a number of business contracts but falls lacking forming a appropriate partnership or, company or corporate affiliate relationship. One typical strategic partnerships requires one company delivering engineering, manufacturing or even product development products and services, partnering with a smaller, entrepreneurial firm or inventor to produce a specialized new product. Typically, the much larger firm supplies investment capital, and the product development, promoting, manufacturing, and syndication capabilities, while small firm supplies technical or creative expertise.
Power of Strategic Partnerships
