When firms invest in suppliers to exchange knowledge and collaborate on improvements,they create shared value for:

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When lead firms invest in suppliers to exchange knowledge and collaborate on improvements, it creates shared value for both the supplier and the lead firm. This helps to improve the quality and efficiency of the supplier's products or services and also enables the lead firm to improve its own products or services, ensuring a mutual benefit. This approach not only creates value for the firms involved but also helps to improve the overall economic and social conditions of the industry and the community at large.

When Firms Invest in Suppliers to Exchange Knowledge and Collaborate