A major change is taking place in the way many challenging investment projects
are implemented. Strict division of labour between the key players of a project with delimited scopes of liabilities has been substituted by a more collaborative practice where the players integrate versatile expertise into the development of the project solution relatively early and bear the risks of the project jointly, i.e. form a project alliance. It enables the parties to reach better results in many cases. This section looks, first, at such a change in the construction industry to introduce the key features of alliancing. Second, the text ponders whether analogous integrated effort by companies and R&D organizations would benefit the development of new businesses based on novel technology and that is the main purpose of this review.
|Title of host publication||Towards a new era in manufacturing|
|Subtitle of host publication||Final report of VTT's For Industry spearhead programme|
|Publisher||VTT Technical Research Centre of Finland|
|Publication status||Published - 2017|
|MoE publication type||D2 Article in professional manuals or guides or professional information systems or text book material|