great partnerships ____
share common goals
when you go solo you____
control and capture all rewards
when you collaborate you ____
access more resources (skills and capital), faster,
questions to ask when considering collaboration
availability of capabilities, protecting proprietary technologies, controlling tech development and use, building and renewing capabilities
define strategic alliances
(in)formal agreements between >2 orgs. to cooperate
define joint ventures
alliance with equity investment, & maybe new legal entity
define licensing
contract for the rights to use another’s IP, typically for royalties
define outsourcing
organization procures services/products from another entity.
define collective research orgs
Org to facilitate collaboration among
a group of firms
define crowdsourcing
Outsourcing tasks over distributed entities
define platforms
An (software) intermediary that connects multiple
complementors