Sector alliances are collaborative partnerships formed between organizations within the same industry or sector. These alliances aim to leverage shared resources, knowledge, and expertise to address common challenges, enhance competitiveness, and drive innovation. By working together, companies can achieve goals that may be difficult to accomplish independently, such as developing new technologies or entering new markets. These alliances can take various forms, including joint ventures, strategic partnerships, or informal collaborations. They often focus on specific projects or initiatives, allowing participants to pool their strengths and mitigate risks. Examples of sector alliances can be found in industries like technology, healthcare, and energy, where companies collaborate to advance their objectives.