Relationships between businesses formed to pursue common opportunities that neither company could achieve alone.
Local innovation refers to methods of creating innovation within a specific group, company, or location rather than a global approach.
Division Technique: A method breaking a product into independent components to innovate and address specific functions.
A leading authority on competitive strategy. Developed a range of economic theories, including the five forces framework.
Open innovation is a collaborative approach that taps into collective intelligence. It can help companies generate unique ideas, but careful management is needed to overcome challenges.
Corporate-startup collaboration is a strategic partnership that involves exchanges, co-development and sharing of products or services. While these partnerships have surged recently, they face challenges in establishing symbiotic relationships.
