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Innovation plays an important role in pursuing an organization's long term economic environment and social goals. An individual innovator may encounter issues, such as regimes of appropriability and complementary assets. Due to uncertainty in the process, innovation may be failed, inefficient, and/or harmful to supply chain partnership.
To maximize the benefits from a supply chain perspective, channel collaboration in innovation has long been in order.
The term "appropriability" refers to the ability of an innovator (a firm or individual) to appropriate (devote (money or assets) to a special purpose) some of the social gains that result from his or her innovation. (Reed College)
Questions:
1. Would collaborative innovation bring systematic benefits to supply chain members as well as the whole supply chain and society?
2. What is the best feasible mechanism for collaborative innovation?
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