Innovation outsourcing: Risks and quality issues

  • Authors:
  • David C. Chou;Amy Y. Chou

  • Affiliations:
  • Department of CIS, Eastern Michigan University, Ypsilanti, MI 48197, USA;School of Information Technology, Illinois State University, Normal, IL 61790, USA

  • Venue:
  • Computer Standards & Interfaces
  • Year:
  • 2011

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Abstract

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.