Some cooperative strategies fail when it is discovered that the company has misrepresented the resources that could be brought to the partnership. This risk is more common when the partner's contribution is based on some of his intangible assets. Superior knowledge of local conditions is an example of an intangible asset that partners often fail to provide.

In your opinion, what is the interpretation of this superior knowledge of local conditions?

Can local human resources be included in these intangible assets?