Science and Technology Parks (STPs) have generated a thriving debate among academics, practitioners and policy makers onrntheir effectiveness as instruments of innovation policy. Meanwhile, the relationship between factors including the actors involved in thernimplementation of STP became an obstacle. The strategic alliance is one of the management approaches that can be used to answer thernquestion. The purpose of this study was to analyze the impact of the implementation of the strategic alliance and its influence on thernperformance of C-STP and examines the relationship between organizations resource availability and absorptive capacity as well as typernof alliances with organizational performance. Collecting data in this study using a questionnaire with 32 respondents were then analyzedrnusing Structural Equation Modeling (SEM). The results show that collaboration and partnership is a factor to be considered to enhancernthe capabilities and performance of C-STP. Meanwhile, C-STP need to increase their efforts in improving internal resources is a sourcernof competitive advantage in order to achieve superior business performance.