CAPS Research Study on "Managing Startup Suppliers" completed
The Chair of Logistics Management successfully completed a study on "Managing Startup Suppliers" to help buying firms tap this important source of innovation.
Leading firms increasingly move toward either co-developing or sourcing products from startup suppliers – young, entrepreneurial firms that can bring radical benefits to buying firms through new technologies and innovation. However, firms must realize that managing startup suppliers is quite different from managing their established suppliers. Prof. Dr. Stephan M. Wagner, Stefan Kurpjuweit, and external pageProf. Dr. Thomas Y. Choi from Arizona State University studied how firms can successfully manage relationships with startup suppliers, and how they should organize to tap the potential of startup suppliers. The project was conducted with external pageCAPS Research (Tempe, Arizona).
Watch the short external pagevideo that motivates the study