Recommendations for supplier innovation evaluation

What is it about?

Companies have to assess supplier innovation before their realisation in the company. This paper provides recommendations about supplier innovation evaluation by examining different company approaches in practice and innovation evaluation literature.

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Why is it important?

Due to the ongoing trend of outsourcing and shorter innovation cycles, the importance of using innovation from suppliers has increased. By means of supplier innovation, companies can improve cost, quality, and timelines of their products. Supplier innovations have to be evaluated before their realisation in the purchasing company. Our findings support companies with recommendations for a defined supplier innovation evaluation process.