5. Our advice
Plan your collaborations with a thorough understanding of the power of your potential suppliers. The realization of collaborative innovations can only exist within the framework of a balanced, healthy collaboration that protects the intellectual property of each player. This means knowing in advance the opportunities and risks that collaboration could entail. A priori knowledge of the potential partner's strength is therefore an essential element of any strategic partnership approach.
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Bibliography
Bidault F., Despres C. et al , "The drivers of cooperation between buyers and suppliers for product innovation", Research Policy , 26(7) : 719-732, 1998
Hayter C., The Network-centric Innovation Imperative: How Manufacturers Work with Their Suppliers to Develop New Products , NACFAM, 96, 2006
Liker J. K., The Toyota Way , Esensi, 2004...
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Acronyms and abbreviations
NACFAM: National Council for Advanced Manufacturing
SME: Small and medium-sized enterprises
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