An expert in the field of international business, Culpan (Pennsylvania State Univ.) explains in this clearly written book the theoretical background of strategic alliances, including transaction cost theory, the resource-based view, the industrial organization model, game theory, and organizational learning. He describes the various types of alliances, including joint venture equity alliances and nonequity alliances such as licensing, franchising, management contracts, turnkey operations, subcontracting, supplier partnerships, marketing agreements, technical partnerships, and joint production. The book is unique in presenting separate chapters on global strategic alliances in four specific industries: automobile manufacturing, pharmaceuticals, airlines, and telecommunications. Culpan emphasizes the strategic importance of alliances for multinational companies. He describes how to manage alliances successfully, including how to evaluate the need for an alliance, selecting a partner, what to consider when choosing an equity or nonequity alliance, and how managers should control and evaluate the performance of an alliance. Diagrams and tables of data explain the concepts; extensive chapter endnotes. Appropriate for managers, consultants, researchers, and professors and students of international business, lower-division undergraduate and up. - Choice