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What is Strategic Partnerships

Handbook of Research on Management of Cultural Products: E-Relationship Marketing and Accessibility Perspectives
Forms of collaboration between a cultural institution and a company, developed in a medium-long period in order to achieve common strategic objectives.
Published in Chapter:
The Relationships between Cultural Institutions and Companies: From Donations to Strategic Partnerships
Alfonso Siano (University of Salerno, Italy), Mario Siglioccolo (University of Salerno, Italy), Carmela Tuccillo (University of Salerno, Italy), and Francesca Conte (University of Salerno, Italy)
DOI: 10.4018/978-1-4666-5007-7.ch007
Abstract
This chapter investigates the possible relationships between cultural institutions (museums, theatres, libraries etc.) and companies, which have been increasingly occurring in the last years. While cultural institutions have been progressively needing to acquire financial resources and managerial skills to survive and valorise their activities, at the same time companies are trying new ways to differentiate their image, by means of associating it with the cultural sector. The adoption of a descriptive-normative approach enables the identification of many kinds of collaboration (patronage and corporate philanthropy, volunteer program and payroll giving, cause related marketing, cultural sponsorship, co-branding, licensing and merchandising, electronic relationships, and finally, partnership), distinguished according to the intensity and duration over time. For each relationship, mutual benefits and disadvantages are described in detail, even with the support of real case studies. This joint consideration of the various possible relationships aims to provide an overall view of the issue considered, which differentiates this contribution from the literature so far produced.
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More Results
Australia's Bilateral and Multilateral Health Sector Partnership With South Asian Nations: Opportunities and Challenges
Strategic partnerships defined as a long-term collaboration between two countries based on either political, economic, health, education, defence, security, trade, and investment factors. For example, India has signed comprehensive strategic partnership with Australia and other 30 countries.
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A Chronicle of an Unsuccessful E-Commerce Pioneer
A long-term agreement between two commercial enterprises for sharing of physical and/or intellectual resources.
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