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Collaboration in business: a review of literature

Pakir Mohamed, Mohamed Ismail and Wan Yusoff, Wan Fauziah (2013) Collaboration in business: a review of literature. In: 2nd International Conference on Technology Management, Business and Entrepreneurship 2013 (ICTMBE 2013) , 4-5 December 2013, Melaka, Malaysia .

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Abstract

Business collaboration has becoming an essential for companies to be more competitive in today environment. To ensure the collaborative relationships effectiveness and success each company should has clear understanding of the purpose of collaboration including its barriers. This paper is trying to review and identify various factors of collaboration barriers from previous research and published papers. From our review it was revealed that collaboration contributed a number of benefits in business such as reduce cost of production, increase quality of products, increase market of products and finally increase share values of the companies. Nevertheless, collaboration in business can be failed due to three important barriers due to interpersonal characteristics, organizational characteristics and individual characteristics. Specifically lack of trust, lack of communication and poor return on investment in collaborative engagement were the factors of collaboration barriers discovered in this paper.

Item Type: Conference or Workshop Item (Paper)
Uncontrolled Keywords: collaboration barrier; business
Subjects: H Social Sciences > HF Commerce > HF5001-6182 Business
Divisions: Faculty of Technology Management and Business > Department of Technology Management
Depositing User: Normajihan Abd. Rahman
Date Deposited: 09 Jun 2014 08:22
Last Modified: 21 Jan 2015 08:15
URI: http://eprints.uthm.edu.my/id/eprint/5080
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