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Abstract

INTEVEP, the R&D unit of Venezuela's national petroleum company, entered into a strategic alliance with Honeywell's industrial automation unit. The goal of the alliance was to jointly develop and commercialize new technology. The case describes how both companies executed a plan designed to ensure that the alliance succeeded. This case is used both to explore the basic foundational elements of successful alliances, as well as to look more broadly at the process of partnering.
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Abstract

INTEVEP, the R&D unit of Venezuela's national petroleum company, entered into a strategic alliance with Honeywell's industrial automation unit. The goal of the alliance was to jointly develop and commercialize new technology. The case describes how both companies executed a plan designed to ensure that the alliance succeeded. This case is used both to explore the basic foundational elements of successful alliances, as well as to look more broadly at the process of partnering.

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