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Managing Collaboration In The 21st Century - A Global Perspective

Listed author(s):
  • Carmen Valentina RÃDULESCU


    (The Bucharest University of Economic Studies, Romania)

  • Ildiko IOAN


    (The Bucharest University of Economic Studies, Romania)

Registered author(s):

    Recent studies underline the rethinking of the innovation model. The traditional approach, based on the creation of new ideas in a centralized Research – Development department and the implementation of results at small scale isn’t at 21st century’s level anymore. This research paper will present the innovation that is brought to market through networks of niche companies, with unique capabilities that opera?te in an organized way. This new model requires from the companies the development of different skills and the ability to collaborate with business partners for the creation of innovational synergy. There are some less-inspired approaches of the issue, like: the approach focused on cutting costs (underestimating the strategic role of worldwide communication/collaboration); the approach of collaboration in an inefficient way(one way relationship) and the suboptimal capitalization of cooperation opportunities (direct translation to globally connected companies). In antithesis, companies situated at the peak of the innovation hierarchy develop strategies for the globalization of communication and collaboration for performance and to create new business opportunities.

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    Article provided by Faculty of Management, Academy of Economic Studies, Bucharest, Romania in its journal REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT.

    Volume (Year): 15 (2014)
    Issue (Month): 5 (December)
    Pages: 534-539

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    Handle: RePEc:rom:rmcimn:v:15:y:2014:i:5:p:534-539
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    1. David J. TEECE, 2008. "Profiting from technological innovation: Implications for integration, collaboration, licensing and public policy," World Scientific Book Chapters,in: The Transfer And Licensing Of Know-How And Intellectual Property Understanding the Multinational Enterprise in the Modern World, chapter 5, pages 67-87 World Scientific Publishing Co. Pte. Ltd..
    2. Dumitru-Alexandru Bodislav, 2011. "Economic Strategy Created Through Theory Focused Planning," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 2, pages 34-41, May.
    3. repec:agr:journl:v:1(602):y:2015:i:1(602):p:275-282 is not listed on IDEAS
    4. Dumitru-Alexandru BODISLAV, 2015. "Transferring business intelligence and big data analysis from corporations to governments as a hybrid leading indicator," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 0(1(602), S), pages 275-282, Spring.
    5. Dumitru Alexandru Bodislav & Luoana Florentina Pascu & Bogdan Pascu, 2015. "The Future of Economic Policy Making: A Functional and Social Exploratory Perspective," International Journal of Academic Research in Business and Social Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Business and Social Sciences, vol. 5(2), pages 107-113, February.
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