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A partnership is an agreement where parties agree to cooperate to advance their mutual interests. The partners in a partnership may be individuals, businesses, interest-based organizations, schools, governments or combinations. Organizations may partner to increase the likelihood of each achieving their mission and to amplify their reach.
The mission of business partnering and the key-aspects of the discipline have been developed recently in the tourism field. The mission of business partnering (for tourism) consists in "creating, organizing, developing and enforcing operative (short-term), tactical (medium-term) and strategic (long-term) partnerships" (Droli, 2007).
Strategic partnerships raise questions concerning co-inventorship and other intellectual property ownership, technology transfer, exclusivity, competition, hiring away of employees, rights to business opportunities created in the course of the partnership, splitting of profits and expenses, duration and termination of the relationship, and many ...
The collaborative partnerships between education and businesses form to benefit innovation and educational goals. Businesses benefit from unique academic solutions to real world problems. Institutions of various learning levels benefit from funding, industry support, and resources that would normally take away from academic problems. [19]
Business partnerships are a constant negotiation, and executives can easily lose sight of their goals. ... Sometimes, that approach might be helpful—as, in Johnson's example, when negotiating a ...
A strategic alliance is an agreement between two or more players to share resources or knowledge, to be beneficial to all parties involved. It is a way to supplement internal assets, capabilities and activities, with access to needed resources or processes from outside players such as suppliers, customers, competitors, companies in different industries, brand owners, universities, institutes ...
Arla Foods is a Swedish-Danish cooperative based in Aarhus, Denmark, and the largest producer of dairy products in Scandinavia.; Coop Norden (Coop Nordic) was a joint Scandinavian purchasing company that in 2007 dissolved and devolved to the constituent national cooperatives.
Business partner search or business matchmaking is the process/service of finding buyers/customers, distributors, licensees, and/or other business partners. This can be provided as a paid service by a commercial organization, or as a free service by the commercial section of a country's embassy/consulate or an association of businesses in a ...