Startups’ Motives, Approaches, & Opportunities for Using Open Innovation

By • on July 2, 2018

The Lund University website posted a  study of why and how startups practice open innovation. The study aims to contribute to a better understanding of what drives startups to open innovation, how they use it and comprehend what challenges and benefits OI brings to startups. The research suggests that OI literature for large companies and SMEs might not be fully transferable to start-ups. The study offers startups a deeper understanding of how to use OI in an effective way and guides the decision-making process to create OI strategies. It also helps OI networks to comprehend the fundamental role they play as intermediaries and meet the startups’ needs when practicing OI.

Click here to read the full article.

Image via Flickr.

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