Generating innovation is the number one means of staying ahead of the competition. Forming collaborations and partnerships is an excellent strategy for accessing innovation, but success depends on perspective and planning.

Driving innovation is the number one strategic goal for most businesses, and meeting this goal has become more challenging in a constantly changing business environment. Partnerships are built for many reasons – to name just a few, they may be to innovate an existing product design, generate innovation, capture a competitive edge, advance corporate social responsibility efforts, and transform operations and supply chains. The question is how to ....