Pros and cons of different R&D collaborations Flashcards
1
Q
Pros and cons of SOLO INTERNAL DEVELOPMENT
A
SOLO INTERNAL DEVELOPMENT
- Speed: Low
- Cost: High
- Control: High
- Potential for Leveraging Existing Competencies: Yes
- Potential for Developing New Competencies: Yes
- Potential for Accessing Other Firms Competencies: No
2
Q
Pros and cons of STRATEGIC ALLIANCES
A
STRATEGIC ALLIANCES
- Speed: Varies
- Cost: Varies
- Control: Low
- Potential for Leveraging Existing Competencies: Yes
- Potential for Developing New Competencies: Yes
- Potential for Accessing Other Firms Competencies: Sometimes
3
Q
Pros and cons of JOINT VENTURE
A
JOINT VENTURE
- Speed: Low
- Cost: Shared
- Control: Shared
- Potential for Leveraging Existing Competencies: Yes
- Potential for Developing New Competencies: Yes
- Potential for Accessing Other Firms Competencies: Yes
4
Q
Pros and cons of LICENSING IN
A
LICENSING IN
- Speed: High
- Cost: Medium
- Control: Low
- Potential for Leveraging Existing Competencies: Sometimes
- Potential for Developing New Competencies: Sometimes
- Potential for Accessing Other Firms Competencies: Sometimes
5
Q
Pros and cons of LICENSING OUT
A
LICENSING OUT
- Speed: High
- Cost: Low
- Control: Medium
- Potential for Leveraging Existing Competencies: Yes
- Potential for Developing New Competencies: No
- Potential for Accessing Other Firms Competencies: Sometimes
6
Q
Pros and cons of OUTSOURCING
A
OUTSOURCING
- Speed: Medium/high
- Cost: Medium
- Control: Medium
- Potential for Leveraging Existing Competencies: Sometimes
- Potential for Developing New Competencies: No
- Potential for Accessing Other Firms Competencies: Yes
7
Q
Pros and cons of COLLECTIVE RESEARCH ORGANISATIONS
A
COLLECTIVE RESEARCH ORGANIZATIONS
- Speed: Low
- Cost: Varies
- Control: Varies
- Potential for Leveraging Existing Competencies: Yes
- Potential for Developing New Competencies: Yes
- Potential for Accessing Other Firms Competencies: Yes
