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Risk and trust in cross-sector R & D projects

Couchman, Paul and Fulop, Liz 2009, Risk and trust in cross-sector R & D projects, in ANZAM 2009 : Sustainable management and marketing, Promaco Conventions, [Canning Bridge, W.A.], pp. 1-16.

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Title Risk and trust in cross-sector R & D projects
Author(s) Couchman, Paul
Fulop, Liz
Conference name Australian and New Zealand Academy of Management Conference (23rd : 2009 : Melbourne, Victoria)
Conference location Melbourne, Victoria
Conference dates 1-4 Dec. 2009
Title of proceedings ANZAM 2009 : Sustainable management and marketing
Editor(s) [Unknown]
Publication date 2009
Conference series Australian and New Zealand Academy of Management Conference
Start page 1
End page 16
Total pages 16
Publisher Promaco Conventions
Place of publication [Canning Bridge, W.A.]
Keyword(s) technological innovation
R&D
risk
trust
Summary The Cooperative Research Centres are hybrid organizations at the leading edge of change in Australia's research culture and are key elements in the new knowledge infrastructure contributing to technological innovation. The paper presents findings from a qualitative study of CRC managers' perceptions and management of downside risk in commercially-focused R&D projects. CRC managers deal with both performance risks (arising from uncertainties about achieving goals) and relational risks (arising from collaborative relationships). They do so through formalisation, the selection of people with desirable characteristics, and the building of relationships. Underlying these risk mitigation strategies is the formation of trust (a willingness to rely on a partner in whom one has confidence), and this occurs at both interorganizational and project levels.
Notes Reproduced with the kind permission of the copyright owner.
ISBN 1863081577
Language eng
Field of Research 150310 Organisation and Management Theory
Socio Economic Objective 970115 Expanding Knowledge in Commerce, Management, Tourism and Services
HERDC Research category E1 Full written paper - refereed
Copyright notice ©2009, ANZAM
Persistent URL http://hdl.handle.net/10536/DRO/DU:30022741

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