Within XBizDev collaboration and applied entrepreneurship have a crucial role to play. Because of the nature of next business development, it can hardly never be expected to follow the standard development model – plan a project, write it down detailed and implement it just according to a plan. Different approaches are needed both in collaborations and in applied entrepreneurship.
Many modern partnership type of arrangements bring with them characteristics that prevent collaborative next business development. Bureaucratic customs or rules in partnership management define partnership hierarchies and set rules for practical collaboration. That is contrary to the nature XBizDev. New ways of doing things are needed.
JaMaSer has started to promote a new activity called COLLAPRENEURSHIP. It is a combination of COLLAboration and entrePRENEURSHIP. It is applied in cases where the only viable alternative to reach next business is to collaborate. Collapreneuship is applied to enable fast start up type development that does not get stuck in the collaboration bureaucracy.
Intrapreneurship means entrepreneurship that takes place inside existing companies. JaMaSer collaborates with Academy for Corporate Entrepreneurship (www.afce.co) which is a global service provider for development of corporate entrepreneurship. Same principles as within corporations should be followed in smaller company or business unit contexts although there are differences that needs to be taken into consideration on a practical level.
Advantages of Services
- Through collapreneurship new business at next level can be obtained that would not be possible by a single company alone
- New business alliances can be formed that result in stronger synergistic competitiveness than what can be achieved through traditional collaboration
- Crucial entrepreneurial needs in XBizDev context will be taken into consideration thus raising the probability of new business success