Strategic alliances can occur in many forms: a strategic alliance is an agreement between two companies to carry out a mutually beneficial project, while maintaining its independence. The agreement is less complex and less burdensome than a joint venture in which two companies pool resources to create a separate entity. However, a strategic alliance can take its own risks. While the deal is generally clear to both companies, there may be differences in the way the companies operate. Differences can lead to conflict. If the alliance requires the parties to exchange proprietary information, there must be trust between the two allies. Strategic alliances can be flexible and some of the burdens a joint venture could bear. The two companies do not need to merge capital and can remain independent of the other. Joint ventures also include companies in which the Volkswagen Group holds the majority of the voting rights, but whose articles of association or company contracts provide that important decisions can only be taken unanimously.
The relationship can be short-term or long-term and the agreement can be formal or informal. The State that arises from a partnership agreement protects the freedom and property of individuals. the collective investment contract of investment funds, the statutes and regulations of SICAVs/SICAF and partnership contracts of limited partnerships for collective investment schemes. The impact of creating a strategic alliance may lie in the fact that each of the companies can generate organic growth faster than if it had acted alone. The partnership involves sharing free resources from each partner for the overall utility of the Alliance. . . .