Governance of Inter-firm Innovation Projects

Continuous technological innovation and valuecreation are often seen as crucial for the long termsurvival ofcompanies. Traditionally, most innovationprojects were conducted within the boundaries of thecorporation. Nowadays, it has become increasinglymore common to involve key partners, even instrategic research and development work. One reasonfor this is the great potential for technologicalinnovations when cooperating more closely with keypartners. However, close cooperation with one or afew partners involves risks. Hence, appropriategovernance of inter-firm innovation projects is crucial.This book examines how inter-firm innovation projectsshould be governed to achieve superior innovativeperformance and value creation. The book provides newand important insights regarding the governance ofinter-firm innovation projects, and should thus be ofhigh relevance for academic scholars as well asbusiness executives.

Autorentext
Per Anders Sunde is currently employed as a Special Coordinatorwithin Procurement in StatoilHydro ASA. He holds a Dr. Oeconomiaedegree (Ph.D.) from Norwegian School of Economics and BusinessAdministration, and a Siv.ing. degree (M.Sc.) from University ofStavanger.

Klappentext
Continuous technological innovation and value creation are often seen as crucial for the long term survival of companies. Traditionally, most innovation projects were conducted within the boundaries of the corporation. Nowadays, it has become increasingly more common to involve key partners, even in strategic research and development work. One reason for this is the great potential for technological innovations when cooperating more closely with key partners. However, close cooperation with one or a few partners involves risks. Hence, appropriate governance of inter-firm innovation projects is crucial. This book examines how inter-firm innovation projects should be governed to achieve superior innovative performance and value creation. The book provides new and important insights regarding the governance of inter-firm innovation projects, and should thus be of high relevance for academic scholars as well as business executives.