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The collaborative partnerships between education and businesses form to benefit innovation and educational goals. Businesses benefit from unique academic solutions to real world problems. Institutions of various learning levels benefit from funding, industry support, and resources that would normally take away from academic problems. [19]
An example of a joint reward would be if everyone on the team received a bonus if all team members reach a specified score on a test. Dividing resources and roles among team members will force the participants to share their individual information or tool to achieve a common goal, and thus promote positive interdependence.
Cooperative Strategy refers to a planning strategy [1] in which two or more firms work together in order to achieve a common objective. [2] Several companies apply cooperative strategies to increase their profits through cooperation with other companies that stop being competitors.
A strategic alliance is an agreement between two or more players to share resources or knowledge, to be beneficial to all parties involved. It is a way to supplement internal assets, capabilities and activities, with access to needed resources or processes from outside players such as suppliers, customers, competitors, companies in different industries, brand owners, universities, institutes ...
The Manhattan Project was a collaborative project during World War II among the Allies that developed the first atomic bomb. It was a collaborative effort by the United States, the United Kingdom and Canada. The value of this project as an influence on organized collaboration is attributed to Vannevar Bush.
For example, worker-owners may not believe that profit maximization is the best or only goal for their co-operative or they may follow the Rochdale Principles. As another example, worker cooperatives' flattened management structure and more egalitarian ideology often give workers more options and greater freedom in resolving work-place problems.
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