The days when businesses could succeed with innovation without partnering are pretty much gone.
Years ago, the idea of a technology conglomerate like Google and an automaker like Honda working in the same space would have seemed farfetched. Nevertheless, this is happening today in the race to build the self-driving car. This is just one example of a major shift in the market landscape – companies in diverse sectors are teaming up, dipping into the same talent pools and working on various sides of the same innovation efforts.