IJFBP International Journal of Family Business Practices
Vol 1, No 2 (2018)

Cooperation, Collaboration, and Co-creation: A Review of Existing Literature and Applications

Nina Arina (Institut Teknologi Bandung, Indonesia)
Sonny Rustiadi (School of Business and Management, Institut Teknologi Bandung)



Article Info

Publish Date
31 Dec 2018

Abstract

Innovation is a mechanism for entrepreneurs to create a product or service in accordance with company’s target market. While creating innovation, the company may not have some of the information or skills that are owned by the other parties or vice versa.As a solution, various approaches of cooperation, collaboration, or co-creation are chosen as the strategy to develop innovation. The purpose of this study is to examine the implementation of cooperation, collaboration, and co-creation as an entrepreneurial strategy. The method used is exploratory analysis by analysing the theory of Drucker (1993). The result of this research is a definitive differentiation of innovation for the four strategies. To conclude, the paper suggests the company to analyse their own ability and condition in order to create an innovation that will increase the productivity.

Copyrights © 2018






Journal Info

Abbrev

IJFBP

Publisher

Subject

Economics, Econometrics & Finance

Description

The International Journal of Family Business Practices (IJFBP) is open access and biannual double-blind peer-reviewed journal. Numerous family enterprises are based around the legend of an entrepreneurial founder who has stood firm in the face of difficulties. The IJFBP widens the scope to look ...