Disadvantages of collaborating on development project

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Reference no: EM132172771

Provide an original response to two of the following questions. Then, respond to at least two of your classmates' posts. Posts should consist of short paragraphs (3-4 complete sentences minimum). Aim to create or continue conversation. Posts that are simply basic approvals or agreements of another person's post will not receive credit. Professional writing, full sentences, and proper grammar, punctuation, capitalization, etc. are required in order to receive full credit.

1. What are some of the advantages and disadvantages of collaborating on a development project?

2. How does the mode of collaborating (e.g., strategic alliance, joint venture, licensing, outsourcing, collective research organization) influence the success of a collaboration?

3. Identify an example of collaboration between two or more organizations. What were the advantages and disadvantages of collaboration versus solo development? What collaboration mode did the partners choose? What were the advantages and disadvantages of the collaboration mode?

4. If a firm decides it is in its best interest to collaborate on a development project, how would you recommend the firm go about choosing a partner, a collaboration mode, and governance structure for the relationship?

Reference no: EM132172771

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