The process of collaboration in the automotive industry involves different countries or companies working together to create a product. Each collaborator contributes their unique expertise and resources. For example, Tata Motors of India collaborated with Germany, Italy, Japan, and the United States to create the $2,000 Nano car. Each country provided cost-effective components that reflected their specific area of expertise, resulting in a quality-built, more affordable car.
Innovation is more than creativity; it is a process that is structured, with rules and best practice...
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