Collaboration Influencing Success Several factors will influence whether a firm chooses to collaborate on an innovation. Some
Question:
Collaboration Influencing Success
Several factors will influence whether a firm chooses to collaborate on an innovation. Some of the most important factors include whether the firm (or a potential partner) has the required capabilities or other resources; the degree to which collaboration would make proprietary technologies vulnerable to expropriation by a potential competitor; the importance the firm places on controlling the development process and any innovation produced; and, the role of the development project in building the firm's own capabilities or permitting it to access another firm's capabilities. Intended Outcomes: Determine advantages and disadvantages of collaboration during project development. Identify factors that are crucial to a successful strategic collaboration. Recognize qualitative and quantitative methods of assessment for projects. Evaluate strategic approaches such as strategic alliance, joint venture, and licensing outsources.
Respond to the following Questions:
What are some advantages and disadvantages of collaborating on a development project? Give an example.
How does the mode of collaboration influence the success of collaboration? Consider strategic alliance, joint venture, outsourcing, and collective research organization.
Financial Accounting Tools for business decision making
ISBN: 978-0470534779
6th Edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso