Managing risk in cross-sector R&D collaborations : lessons from an international case study

Couchman, Paul K. and Fulop, Liz 2004, Managing risk in cross-sector R&D collaborations : lessons from an international case study, Prometheus, vol. 22, no. 2, pp. 151-167.

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Title Managing risk in cross-sector R&D collaborations : lessons from an international case study
Author(s) Couchman, Paul K.
Fulop, Liz
Journal name Prometheus
Volume number 22
Issue number 2
Start page 151
End page 167
Publisher Routledge
Place of publication Melbourne, Vic.
Publication date 2004-06
ISSN 0810-9028
1470-1030
Keyword(s) R&D
collaboration
trust
risk
credible commitments
commercialization
Summary Cross‐sector collaborations to perform R&D are on the increase, but they do involve various risks for each of the partners. Project risks in such ventures are explored through a case study, a successful collaboration involving an Australian Cooperative Research Centre and Ciba Vision, a division of the Swiss multi‐national Novartis. The analysis examines the project's success factors and its risks. The reputation of researchers, the development of mutual trust among the partners, and the importance of credible commitments made at project initiation are three key factors contributing to the success of commercially focused R&D collaborations.
Language eng
Field of Research 150399 Business and Management not elsewhere classified
Socio Economic Objective 970115 Expanding Knowledge in Commerce, Management, Tourism and Services
HERDC Research category C1.1 Refereed article in a scholarly journal
Copyright notice ©2004, Taylor & Francis
Persistent URL http://hdl.handle.net/10536/DRO/DU:30035203

Document type: Journal Article
Collection: School of Management and Marketing
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