Wall Street Journal

DicksonP

How to Collaborate on a New Product: Pat Dickson, an entrepreneurship professor at Wake Forest University, says that “over past few years it’s become difficult for small businesses to get loans so they’ve had to find other ways to access the resources they need to grow.” In 2004, a survey he worked on found that 64% of 761 U.S. small businesses had “formed an alliance” with another business within the prior three years, most frequently in product development.…

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