A collaboration of a company with usually a larger, financially stronger company that can provide resources to achieve corporate, economic and strategic goals. Also known as a strategic alliance or a corporate venture.
An association between two firms by which they agree to work together to achieve a strategic goal. This is often associated with long-term supplier-customer relationships.
A strategic partnership is a formal alliance between two commercial enterprises, usually formalized by one or more business contracts but falls short of forming a legal partnership or, agency, or corporate affiliate relationship.