Question:

For this module, you will develop a short paper on successful collaboration. Review the formatting guidelines below.

Firms may choose to avoid collaboration when they already possess the necessary capabilities and other resources in-house, they are worried about protecting proprietary technologies and controlling the development process, or they may prefer to build capabilities in-house rather than access a partner firm''s capabilities. Successful collaborations must overcome these difficulties.

Select a successful collaboration in which the partners experienced both a resource and a strategic fit. Perform research on your selected collaboration to write a short paper addressing the following:

Provide basic information about the collaboration such as the companies involved, the product, and the form of collaboration.

Explain how all partners experienced a resource and a strategic fit.

Identify an area that could pose problems for this collaboration and explain why.

Describe how the collaboration incorporated monitoring and governance mechanisms to ensure that partners understood their rights and obligations.