Few firms have all of the resources needed to be competitive. Experience of many countries, such as: Japan, Italia, Korea, shows how alliances have helped SME to be successful in today’s fast changing environment; there are however, examples of countries, especially in Latin America, in which this strategy is still not very popular; what makes SME to be engaged in alliances?, which factors are playing an important role into this decision?. This research tries to find answers to these questions.
The scope of this study is limited to: not equity alliances and alliances arising only while operating business. The empirical data comes from a sample of Mexican SME.
The innovation of this research is addressed to incorporate the different perspectives from the social capital regarding to social exchange, and economic development into the alliances decision-making, particularly in SME.
This research could be especially attractive to the different actors involved with SME: government; large enterprises, universities and non governmental organizations, in order to focus their effort on those phases and/or factors that are weak and that may be potentially developed as a new way of working with SME.