Corporate Hub as a Governance Structure for Coupled Open Innovation in Large Firms
The Wiley Online Library website posted a study which addresses how the open innovation concept can be applied in large corporations aiming to work with small innovative firms. More specifically, it reports an in depth qualitative study of how AstraZeneca, a global bio-pharmaceutical corporation, designed and enacted a new mode of organizing for coupled open innovation, with an initiative called the BioVentureHub. The governance structure behind this way of organizing is explored and conceptualized, and how this structure shaped the relations and the value being collaboratively generated and shared is analyzed.
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