In the book titled Strategic Cooperations: Terms, Concepts and Practices, these topics are discussed and explained in all its facets. On one side, strategic alliances are seen as a source of competitive advantage and provide advantages such as resource and competence sharing, innovation and technology development, co-production, risk of accessing new markets, reducing uncertainty and cost. However, on the other side, they are disadvantageous due to situations such as the collaborator learning the basic competence, the risk of opportunism, the loss off wealth particularity, the creation of potential competitors, and collaborator dependency. In this book, strategic alliances are explained in all their aspects and current knowledge in theory and practice are discussed.