Innovation outsourcing: Risks and quality issues
Innovation is the creation of new idea, practice, object, or even product by an individual or company. A competitive organization needs to continuously offer new line of products and services to the market for their customers. In order to cut down their R&D costs, companies seek external or even global vendors to pursue their research and development (R&D) tasks. This paper discusses the issues related to innovation outsourcing, including uncertainty, risks, productivity and quality issues.
innovation outsourcing risks quality productivity