Strategic alliances are often used to innovate primarily by sharing two or more firms':

Question

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Strategic alliances are often used to innovate by sharing knowledge, skills, and expertise between two or more firms. This allows each firm to bring their unique strengths to the alliance and work together towards a common goal of innovation. Sharing knowledge and skills can lead to the development of new products, services, and processes that neither firm could have created on their own.

Strategic Alliances Are Often Used to Innovate Primarily by Sharing