Alliancing for business development

    Research output: Chapter in Book/Report/Conference proceedingChapter or book articleProfessional


    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.
    Original languageEnglish
    Title of host publicationTowards a new era in manufacturing
    Subtitle of host publicationFinal report of VTT's For Industry spearhead programme
    EditorsJaakko Paasi
    PublisherVTT Technical Research Centre of Finland
    ISBN (Electronic)978-951-38-8513-7
    ISBN (Print)978-951-38-8514-4
    Publication statusPublished - 2017
    MoE publication typeD2 Article in professional manuals or guides or professional information systems or text book material

    Publication series

    SeriesVTT Technology


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