2. DEFINITION
“Foreign collaboration is an alliance incorporated to carry on the agreed task
collectively with the participation (role) of resident and non-resident entities.”
Foreign collaboration is such an alliance of domestic (native) and abroad (non-
native) entities like individuals, firms, companies, organizations, governments, etc.,
that come together with an intention to finalize a contract on some tasks or jobs or
projects.
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4. MOTIVES
Provide access to more potential customers
To broaden service offerings and increase customer satisfaction
Gain foothold in international market
Establish a unique position in the market
Provide added value to customers
Access knowledge & expertise beyond company borders
Increase sales & profitability
Speed entry into particular market
Eliminate competition
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6. MAJOR TYPES OF FOREIGN
COLLABORATIONS
Technical Collaboration
Marketing Collaboration
Financial Collaboration
Consultancy Collaboration
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7. Based on the previous types of collaboration we have –
Strategic Alliances
Joint Ventures
Mergers
Acquisition/Takeover
Consortium
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