Explores the effect of strategic technology partnerships on the profitability of the firms involved in such partnerships. A path model is developed that identifies the direct effects of each factor on the other factors. Five factor groups are considered: sectoral features, national...

Empirical studies shows that SMEs are characterized by budget constraints and are reluctant to invest in innovation activities such as undertaking R&D, taking out patents, and hiring highly qualified research staff. This paper suggests that SMEs’ can adopt network alliances to minimize their...