IoT Innovation: Leveraging Partner Alignment for Acceleration PDMA Minnesota | February 15, 2023 Description IoT Innovation is complex and requires internal and external cross-functional expertise to perform well together to successfully commercialize connected products and services
Mitigating the Challenges of Partner Knowledge Diversity While Enhancing Research & Development (R&D) Alliance Performance: The Role of Alliance Governance Mechanisms Jeongho Choi Originally published: August 23, 2019 (PDMA JPIM โข Vol 37 โข Issue 1 โข January 2020) Read time: 60 minutes Access the Full Article This article explores the answers to the following unresolved research question: How do firms mitigate the collaboration challenges associated with partner knowledge diversity and enhance alliance performance? The study provides an alliance performance enhancing framework by identifying two types of partner knowledge diversity: (1) technology base diversity and (2) R&D process experience diversity, and links them with R&D alliance performance
We evaluate how the natureโscientific versus technologicalโand originsโinternal versus external to the collaborating partnersโof these knowledge components relate to the inventive impact of the partners' joint invention. Examining a sample of 9102 USPTO co-patents, joint inventions created through universityโindustry collaborations are shown to be most fertile as a source of firm follow-on inventions when they are the result of a recombination process that includes technological knowledge components stemming from both collaborating partners. This effect is most pronounced when the partners' technological knowledge contributions are moderately similar
The current innovation literature has offered insights into how direct ties (between a focal firm and its partners, forming direct alliances) and indirect ties (between a focal firm's partner and its partners' partners but not including the focal firm, forming indirect alliances) function as independent antecedents to corporate innovation
This raises the stakes in our collaboration goals and in choosing the partners we collaborate with...Refocusing on Impact Versus Output Typically, most R&D-related partnering between companies is focused on achieving pre-defined outputs
Speed Innovations to Market with Less Waste and Risk John Farnbach, Silver Streak Partners Originally presented: April 17, 2014 Watch time: 31 minutes Access the Webcast In this webcast, John Farnbach of Silver Streak Partners introduces fresh thinking about innovation, waste, and the NPD process
Further, our analyses reveal that investors respond even more adversely to alliances terminated unilaterally by the partner of the focal firm in which they invested than those terminated through mutual agreements or by the focal firm itself
Auto OEMs product development partners are from varied industries like telecom, IT and software
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Led by a diverse team of our food scientists, the project brought together several external partners, from ingredient suppliers to fiber experts, and eventually resulted in our tremendously successful line of Fiber One bars and brownies
By working closely with our partners and championing the change together, we were able to achieve companywide buy-in
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