the ties that bind - Economic Growth - usaid
the ties that bind - Economic Growth - usaid
the ties that bind - Economic Growth - usaid
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Areas of Future Research<br />
This research identified factors <strong>that</strong> determine <strong>the</strong> long-run success of an international<br />
buyer-supplier relationship. In turning <strong>the</strong> issues raised here into practical strategies and<br />
actions, a number of topics may deserve more focused research. Areas of follow-on<br />
research include:<br />
Techniques for understanding and aligning commercial incentives in a buyersupplier<br />
relationship<br />
Effectiveness of third party certification and verification processes: what are <strong>the</strong><br />
characteristics of successful certification processes?<br />
Specific needs for different types of suppliers: expand <strong>the</strong> case studies to<br />
understand how <strong>the</strong> facilitation needs of each supplier differ by size, type of<br />
business, market, etc.<br />
Circumstances in which MSEs can take part in international value chains, and<br />
conditions in which <strong>the</strong> environment and market dynamics create obstacles for<br />
MSE participation<br />
Facilitation and risk management: what are <strong>the</strong> right and wrong ways for a<br />
facilitator to assist <strong>the</strong> supplier in managing <strong>the</strong> risk of <strong>the</strong> relationship?<br />
Beyond <strong>the</strong> contract:<br />
How can initial agreements be structured to maximize <strong>the</strong> chances <strong>that</strong><br />
<strong>the</strong> relationship will work and hold up over time?<br />
How can an agreement be structured to maximize <strong>the</strong> building of <strong>the</strong><br />
supplier‟s capability?<br />
How does success in <strong>the</strong> first relationship contribute to <strong>the</strong> ability of <strong>the</strong><br />
supplier to o<strong>the</strong>r buyers in <strong>the</strong> future?<br />
www.Business<strong>Growth</strong>Initiative.org<br />
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