non-equity alliance

A non-equity alliance is a partnership between two or more companies where they collaborate on projects or share resources without exchanging ownership stakes. Instead of buying shares in each other, companies may pool knowledge, technology, or production capabilities to achieve common goals. This type of alliance allows them to innovate and compete more effectively while maintaining their independence. Examples include joint marketing efforts, research collaborations, or technology-sharing agreements, where the focus is on cooperation rather than investment or ownership.