Answer: Non equity strategic alliance
Explanation: In simple words, it refers to a business arrangement in which two independent companies makes a contractual agreement to pool their resources but not their capitals to work together to attain mutual objective.
Such arrangements are usually made by the organisations to share technologies and other such resources which they lack or to share market shares etc.
The advantage of such an alliance is that the ability between the two parties remain under a limit due to non sharing of equities but usually such arrangements lack communication between the two parties leading to failure of the project.
