What are the Challenges of Collaborative Entrepreneurship?
While collaboration offers many benefits, it also comes with challenges:
Conflict Management: Differences in opinions and interests can lead to conflicts that need to be managed effectively. Dependency Risks: Relying too much on partners can be risky if they fail to deliver on their commitments. Intellectual Property: Sharing ideas and innovations can lead to concerns about intellectual property ownership. Complex Decision-Making: Collaborative efforts often require consensus, which can slow down decision-making processes.