The demands on R&D organizations keep increasing, yet development budgets remain flat. To address this disconnect in input versus output, organizations are now turning to a variety of novel collaboration approaches. Through co-development, joint venture, out-licensing and a host of other arrangements, organizations now have viable options to harvest profit from their intellectual capital.

Our Seven Strategies enable R&D leaders to understand when it is strategically appropriate to reach to the outside to develop novel concepts or to seek novel inventions.