Ais a partnership in which two or more companies (often from different countries) join together and share the risk and costs in order to undertake a major project. a. multinational cooperative

A strategic alliance is a partnership in which two or more companies (often from different countries) join together and share the risk and costs in order to undertake a major project. Although the parties still operate as separate entities they have a partnership to accomplish their goals. These are mutually beneficial to all involved, collaborating together, but maintaining their own business allows them to both succeed. 

You can put most money would be invested in innovation by economic convergence