Contents
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Description
This report is based on the following question –
"Recent analysis of R&D alliances between firms since the 1960s reveals a dramatic shift from equity based partnerships, such as joint ventures, to non-equity based contractual forms of partnership, such as joint development programmes (Hagedoorn 2002). Why do you think this change has occurred?
You are required to submit a critical assessment of why this change has occurred using relevant theories to support your assessment.
