There are many ways to define a strategic alliance. Some of the definitions emphasize that partners do not create a new legal entity, i.e. a new company. This excludes business start-ups, such as joint ventures, in the area of strategic alliances. Others see joint ventures as possible manifestations of strategic alliances. Some definitions are defined: both parties have three months before the termination date of this agreement to propose an extension or to conclude a new strategic alliance agreement, as is deemed necessary. A strategic alliance will generally fall short of a legal partnership unit, agency or corporate partnership. Typically, two companies form a strategic alliance when each company has one or more business resources or has expertise that helps the other by improving its activities. If a condition under this strategic alliance agreement proves invalid or unenforceable, the parties will have the right to replace that condition with a provision similar to that deemed necessary. Some types of strategic alliances include:[2][10][11] A strategic alliance (see also the strategic partnership) is an agreement between two or more parties to pursue a set of agreed objectives that are necessary, while remaining independent organizations. Partners can provide strategic alliance with resources such as products, distribution channels, manufacturing capabilities, project financing, capitalization, knowledge, expertise or intellectual property. The patent rights between this agreement and the partnership between the risk and.

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