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Effort, revenue, and cost sharing mechanisms for collaborative new product development.

Publication: Management Science
Publication Date: 01-JUL-09
Format: Online
Delivery: Immediate Online Access

Article Excerpt
The increasing complexity of product innovation requires firms to collaborate by entering into resource or cost sharing arrangements. Management of new product development that occurs jointly between two firms, however, introduces new issues associated with the alignment of decisions and incentives that have to be managed, alongside conventional performance...

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