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Joint Ventures- Legal Arrangement where ownership and management of an organization are shared by more then one organization.

Strategic Alliance- It covers a variety of flexible cooperative arrangement between organizations, from fluid short term cooperation to long term formal agreements. In strategic alliance partners remain independent even after forming the alliance, both share alliance management and benefits and both contribute to the alliance on continuing basis.

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Ashok Pershad

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Q: What is the difference between joint venture and strategic alliance?
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What is the difference between a joint venture equity strategic alliance and non-equity strategic alliance?

The purpose of equity alliance is less specific than a joint venture. Unlike a joint venture, one partner retains control through their majority shareholding in an equity alliance.


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What is the difference between a partnership and joint venture?

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