Making "Asymmetric" Partnerships Work

Authors: Minshall, Tim; Mortara, Letizia; Valli, Robert; Probert, David

Source: Research-Technology Management, Volume 53, Number 3, May-June 2010 , pp. 53-63(11)

Publisher: Industrial Research Institute, Inc

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Abstract:

"Asymmetric" partnerships between technology-based start-ups and large firms represent one route by which an open innovation strategy can be implemented. Asymmetric partnerships can provide benefits to both resource-constrained start-ups and capability-rich larger firms. However, there are numerous management challenges to the successful setup and management of such partnerships. Valuable management lessons can be learned from the experience of entrepreneurs, managers, investors, and lawyers involved in successful and failed asymmetric partnerships.

Keywords: PARTNERSHIPS; START-UPS; LARGE FIRMS; OPEN INNOVATION

Document Type: Research article

Publication date: 2010-05-01

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Research-Technology Management has been publishing peer-reviewed articles covering the entire spectrum of technological innovation since 1958. RTM is a leading source of knowledge and best practices on innovation management, from research and development through product development to marketing, for leaders of research, development, and engineering worldwide.

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