Abstract
The present paper aims at identifying some critical factors related to current relationship structure frameworks that better organizes the strategy operations of the Brazilian aerospace industry to be the best qualifying candidate for innovation operation with a high level of efficiency and effectiveness. The objective of this study, based on the case study research methodology, is to analyze the inter-organizational relationship structure framework of the Brazilian Aerospace Agency (BAA) strategy operation case. As a result, the improvement of the innovation relationship governance structure and its transaction costs reduction are the main implications when applying the identified critical factors.