Buy custom Investigation into the increasing importance of Competence 
    
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            | Topic: | Business | 
        
            | Number of pages / Number of words: | 13 / 3376 | 
                
    
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If gaps in a firm's resources can be matched with firms that have those resources, and vice versa, then strategic alliances represent a compatible partnership from which both companies will benefit. This would mean that much of the reason for deciding to begin an alliance with a company would revolve around the resources that a company has...
        
        
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This would mean that much of the reason for deciding to begin an alliance with a company would revolve around the resources that a company has.
The logic is that there will be value created through alliances, which should help a company gain competitive advantage by use of those resources. Doz & Hamel (1998) represent this in a model (Fig...
        
        
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