765-5 (250 words)

What are some advantages and disadvantages of collaborating on a development project? 
How does the mode of collaborating (e.g., strategic alliance, joint venture, licensing, outsourcing, collective research organization) influence the success of a collaboration? 
Is this more important in a first-mover or late entrant strategy?
Identify an example of collaboration between two or more organizations. 
What were the advantages and disadvantages of this collaboration, and which collaboration mode did the partners choose?