(115b) Open Innovation: a Structured Approach to Managing Technology Alliances
AIChE Spring Meeting and Global Congress on Process Safety
2007
2007 Spring Meeting & 3rd Global Congress on Process Safety
Managing for Growth - Doing the Right Projects in the Right Way
Portfolio and Alliance Management
Wednesday, April 25, 2007 - 2:45pm to 3:30pm
The topic of technology alliances is not new to chemical industry. However in the light of knowledge economy, alliances assume a more dynamic form. It is no more about managing a project. This paper shall focus upon the differences between conventional technology alliance management (i.e. project management) and the new approach (i.e. technology management). Some of the challenges faced while taking a structured approach and establishing an open innovation protocol are discussed. Few case studies shall be discussed.