When to Outsource Innovation?


 
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When to Outsource Innovation?
Cornelius Streit, Manager, Singapore

According to Michael A. Stanko, Jonathan D. Bohlmann and Roger J. Calantone in the article “Outsourcing Innovation” (Executive Adviser, November 2009), outsourcing research and development and the creation of new products can help companies to slash costs, speed development time and tap into talent outside the company. Based on an analysis of 359 companies, following four situations call for outsourcing innovation:
1. When companies would need to add lots of new knowledge to innovate.
2. When intellectual property is not well protected in the industry and new ideas can spread quickly from company to company to limit spending.
3. When companies have had lots of experience with outsourcing, as they are able to better manage the situation to produce effective results.
4. In the early stages of a project, when there are lots of technical hurdles to be overcome and the outcome is far from certain.... Register

 
 
When to Avoid Outsourcing of Innovation
Abhishek Tiwari, F&A Professional, India
 

 
When to Outsource Innovation
Harpreet Singh, Student (MBA), India
 

   

 
Outsourcing Innovation is a Bad Idea
David Matthews, Scientist, United Kingdom
 

 
When to Outsource Innovation
Darren Harrop, Director, United Kingdom
 

 
When to Outsource Innovation
Elena Palkina, Manager, Russian Federation
 

 
Outsourcing Must Be Monitored
PELMONT, Consultant, France
 

 
Selective Outsourcing Innovation
kvssiyer, Consultant, India
 

 
Outsourcing R&D: Hard to Find Know-How
Ceferino Dulay, Jr., Other, Philippines
 

 
Insourcing of Innovation
Allemeersch Johan, Belgium
 

 
Outsourcing R&D
Elena Palkina, Manager, Russian Federation
 

 
Outsourcing Innovation
Svein Ulset, Norway
 

 
Outsourcing R&D is Needed
Simon Gray, Manager, Switzerland
 

 
Outsourcing Innovation and Transformation
Prashant, Business Consultant, UK
 

   

 
Outsourcing Innovation
hamid mohamed ahmed, Accountant, Sudan
 

 
Outsourcing of Human Resource
desu rama mohan, Professor, India
 

   

 
Outsourcing Situations
SIVASUNDARAM, Student (MBA), India
 

 
Outsourcing Has Become Easier and Cheaper
Natasha Shamlou, Student (MBA), Iran
 

 
Outsourcing Innovation? NO -- Co-Sharing: YES
Alonso Acosta, Manager, Venezuela
 

 
Outsourcing Innovation... Can you outsource learning?
Norm Nopper, Managing Director/Consultant, Canada
 

   
 

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