1999 Volume 8 Issue 2 Pages 61-77
Recently, technical innovation and globalization of markets have brought out turbulent change of environment surrounding corporations. In the latter of 1980's, strategic alliances came out as a new corporate strategy. Many scholars have pointed out the importance of complementarity in strategic alliances. In addition to it, we emphasize inter-organizational learning in strategic alliances. For the corporations forming strategic alliances are led to corporate transformations through inter-organizational learning. At first, we discuss concepts and characteristics of strategic alliances and those of inter-organizational learning. Then, we focus on interorganizational learning which plays an important role in strategic alliances and give positive considerations to the process of corporate transformation through inter-organizational learning, as for the joint R&D strategy on the semiconductor manufacturing business.
