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Successful strategic alliances with international (成功的战略联盟与国际)
232 Int. J. Business Innovation and Research, Vol. 3, No. 3, 2009
Successful strategic alliances with international
partners: key issues for small- to medium-sized
enterprises
Van R. Wood*
Department of Marketing, School of Business,
Virginia Commonwealth University,
1015 Floyd Avenue,
Richmond, VA 23284-4000, USA
E-mail: vrwood@
*Corresponding author
Dennis A. Pitta
University of Baltimore,
1420 N. Charles Street,
Baltimore, MD 21201 5779, USA
E-mail: dpitta@
Frank J. Franzak
Virginia Commonwealth University,
Richmond, VA 23284-4000, USA
E-mail: fjfranza@
Abstract: As international markets grow, many small- and medium-sized
enterprises (SMEs) are finding lucrative opportunities to serve overseas
consumers and source from overseas suppliers. The impact of information
technology has made world-wide communication easier and more rapid. Some
SMEs are literally ‘born global’, ready to do business on the internet. For many
SMEs, this new commercial frontier offers both great promise and the
challenge of determining: What are the key drivers of success in new and
unknown international markets? This article focuses on this question from the
perspective of strategic alliances in the global business environment. It
develops a model to guide SMEs in managing overseas partners or allies that
will ‘fit’ best with their company and their ambitions. The model provides
SMEs with both strategic and tactical dimensions that are key international
business arena. This article guides SMEs to ‘get
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