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This paper examined the productivity of partners in international strategic alliances. Trust and commitment were used as the proxy for the partnership of strategic alliances. Financial position and complementarity of capital investment were used as the proxy for the capital investment of inter-firm alliances. Market strength and experiences of allianced firm were used as the proxy for the relative size of strategic alliances. Productivity was measured by value-added output of labor. Characteristics of industry and technology related investment were used as the proxy for the control forces. In order to verify the hypotheses, some tools were used such as reliability analysis and multiple regression analysis. Based on the analysis of the 123 strategic alliances cases, the following results were found. First, it was found that the capital investment of inter-firm alliance and relative size of alliance firm have a significant positive influences on the productivity of participants in international strategic alliances. Second, complementarity of capital investment and market strength of alliance firms have a significant positive influences on the productivity of partners in international strategic alliances. Third, technology related investment has a significant influence on the productivity of partners in international strategic alliances.