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The term partnering is relatively new, but the concept is actually old, and it is becoming more and more popular. The theory behind partnering is simple: treat each other fairly and with respect, communicate, and create a shared vision of the project. Partnering must be owner driven and have the complete support of the top management of all parties.
Partnering involves establishing a long-term relationship between companies to develop and exploit technology, products, and markets. ...
Partnering creates a symbiotic relationship that draws on the particular strengths of the individual companies. An example of partnering is when a well-established company seeks a partnering relationship to obtain access to new technologies and products, and an emerging technology company is looking to finance growth and obtain manufacturing and/or distribution channels. ...
Corporate Partnering is one of the most powerful and cost effective business tools for dealing with fast changing markets, technologies and customers.
Approximate Word count = 676
Approximate Pages = 2.7
(250 words per page double spaced)
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