Description

• The Assignment must be submitted on Blackboard (WORD format only) via allocated folder.
• Assignments submitted through email will not be accepted.
• Students are advised to make their work clear and well presented, marks may be reduced for poor presentation. This includes filling your information on the cover page.
• Students must mention question number clearly in their answer.
• Late submission will NOT be accepted.
• Avoid plagiarism, the work should be in your own words, copying from students or other resources without proper referencing will result in ZERO marks. No exceptions.
• All answered must be typed using Times New Roman (size 12, double-spaced) font. No pictures containing text will be accepted and will be considered plagiarism).
• Submissions without this cover page will NOT be accepted.

Course Learning Outcomes-Covered

• Explain of the concepts, models for formulating strategies, defining the organizational strategic directions and crafting a deployment strategy.

Reference Source:

Textbook:-

Schilling M.A (2020),Strategic Management of Technology Innovation (6th Edition). Mc-Graw Hill Education. Electronic Version: ISBN-13: 978-1260087956 ISBN-10: 1260087956, Printed Version: ISBN-13: 978-1260087956 ISBN-10: 1260087956

Assignment 2 Weight: 10 Marks

NEOM’s Collaborative Innovation in the KSA

NEOM is an ambitious Saudi Arabian project that aims to create a technologically advanced, sustainable city, attracting global talent and investment. The project is designed to be a hub for industries such as renewable energy, biotech, advanced manufacturing, and digital technologies. Given the complexity and scale of this endeavour, NEOM has engaged in multiple strategic collaborations with international partners, ranging from technology firms to research institutions, to bring together the necessary capabilities and resources.

As part of this case study assignment, you are required to analyse NEOM’s approach to collaboration based on the concepts discussed in Chapter 8.

Assignment Questions

Note: Include a brief introduction and conclusion that summarize your analysis. (1 marks)

• Evaluating Collaborative Goals and Advantages (3 Marks) (250-400 words)
  • Identify and discuss the key strategic goals that NEOM aims to achieve through its collaborative partnerships. How do these goals align with the reasons for collaboration as discussed in Chapter 8?
  • Evaluate the advantages NEOM gains by collaborating with international technology companies, research institutions, and other partners. Consider aspects like acquiring capabilities, resource pooling, learning, and coalition-building.
• Types of Collaborative Arrangements (3 Marks) (250-400 words)
  • Analyse the types of collaborative arrangements that NEOM has formed (e.g., strategic alliances, joint ventures, licensing, outsourcing, or research partnerships). Discuss how these arrangements align with NEOM’s broader innovation strategy and goals.
  • Provide specific examples of any announced partnerships (such as agreements with renewable energy firms, AI technology providers, or research universities) and evaluate the strategic fit of these collaborations.
• Challenges in Collaboration and Partner Selection (3 Marks) (250-400 words)
  • Discuss potential challenges NEOM might face in collaborating with international partners, including cultural differences, alignment of strategic goals, or governance issues.
  • How might NEOM effectively select and manage its partners to ensure successful collaboration? Use the selection criteria and partner monitoring mechanisms discussed in Chapter 8 to support your answer.

Guidelines for Submission

• Provide clear, concise responses to each question, with a total word count of 800 – 1,200 words.
• Use examples from NEOM’s partnerships and strategies, supported by theories and concepts from Chapter 8.
• Incorporate real-world information and research on NEOM where appropriate, ensuring you properly cite any sources in APA format.
• Include a brief introduction and conclusion that summarize your analysis.

Top of Form

Bottom of Form

Note :-

• Do adhere to the word limit strictly, mere one or two sentence answers will not be entertained, they need to be supported with further explanation and facts.
• It is mandatory to support each pointer with at least two scholarly, peer-reviewed journals.

Directions:

• All students are encouraged to use their own words.
• Use Saudi Electronic University academic writing standards and APA style guidelines.
• Use proper referencing (APA style) to reference, other styles will not be accepted.
• Support your submission with course material concepts, principles, and theories from the textbook and at least two scholarly, peer-reviewed journal articles unless the assignment calls for more.
• It is strongly encouraged that you submit all assignments into the safe assignment Originality Check prior to submitting it to your instructor for grading and review the grading rubric to understand how you will be graded for this assignment.