Learning from the partner is a major reason why Asian and European firms enter into cooperative agreements.

Question

Quizplus · Accepted Answer

Learning from the partner is one of the main reasons why firms from different countries enter into cooperative agreements. This allows them to gain new knowledge, skills, and capabilities that can enhance their existing capabilities and help them compete more effectively in their respective markets. Expanding into new markets, accessing new technology or resources, and sharing risks and costs are other potential benefits of such agreements.

Learning from the Partner Is a Major Reason Why Asian