Question: What external process involves long - term alliances that involve the creation of a new entity to specifically carry out a product / process innovation?

What external process involves long-term alliances that involve the creation of a new entity to specifically carry out a product/process innovation?
Joint Ventures
Licensing Agreements
Formal and Informal Contracts
Mergers and Acquisitions
 What external process involves long-term alliances that involve the creation of

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