Collaborative strategy between Portugal and India: textile sector

Abstract

The need of Open Innovation emerged with the improvement of the present development, focused on business conditions where organizations have constrained assets to fulfil their advancement needs inside house. Open development is tied in with working with outside accomplices to popularize interior advancements and to acquire a wellspring of outer advancement that can be marketed. This study aims to contribute to the improvement of the collaboration between India and Portugal and decrease the risk for Portugal in textile China's market. To beat this, Portugal ought to be more cooperative with India, since India is a major contender to China. Portugal and India have great connection among them and if this occurs there will be shared winning for the nations: Portugal is solid and inventive; India has a decent market esteem everywhere throughout the world. The Indian market is one of the greatest and fastest creating economies all over the world. The paper plans to introduce one conceivable method for being a successful open pioneer by joining open and closed features, and answers the key inquiries of what to share, how to esteem the procedure and impacts of sharing, and how to build up an effective collaborative strategy.