What motivates a company to develop a cross-border alliance?

What will be an ideal response?

The commonly noted motivations for developing a cross-border alliance include: to avoid import barriers, licensing requirements, and other protectionist legislation; to share the costs and risks of the research and development of new products and processes; to gain access to specific markets where regulations favor domestic companies; to reduce political risk while making inroads into a new market; to gain rapid entry into a new or consolidating industry; and to take advantage of synergies.