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Applying Open Innovation Strategies in Regional Innovation Ecosystems
The Science Direct site posted a study which noted that open innovation strategies in large firms have been changing considerably during the last 15 years. Some multinationals are now taking a long-term, strategic approach to open innovation, thereby actively developing a regionally bounded innovation ecosystem. In the new approach, multinationals actively
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Innovation Among Keys to Success
The Australasian site reported on a survey by Herbert Smith Freehills, a leading law firm, of clients across multiple business sectors about their experience with open innovation. The survey found that it is now the norm for clients to collaborate internally and externally on innovation projects, but
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Establishing a Typology of Open Innovation Strategies
An article in the Asia Pacific Journal of Management noted that firms use an open innovation strategy to explore external knowledge or exploit internal knowledge to benefit their product/service innovations, and thus enhance their innovation performance. However, a lack of relational mechanisms makes
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Open for Growth? Evidence on EU countries
The European Commission’s Joint Research Centre published a report which noted that the Open Innovation concept has pervaded the academic and policy debate, due to its potential to further stimulate the circulation of knowledge across business partners and institutions and, consequently, to increase
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Establishing a Typology of Open Innovation Strategies
The website Springer posted a study which appeared in the Asia Pacific Journal of Management which noted that a lack of relational mechanisms makes it difficult for collaborative partners in an open innovation project to share their knowledge assets. Existing literature lacks a clear explanation of how
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An Analysis of Open Innovation Strategies in Firms in Low and Medium Technology Industries
The IEEE Transactions website posted a study analyzes how firms in low and medium technology industries implement their OI strategy. It explores common patterns in OI strategies by considering inbound, outbound, and coupled OI practices. It also examines whether there are differences in innovation performance
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A Study of Open Innovation in the Electricity Sector
The University of Mannheim website reported that an open seminar by the Mannheim Institute for Sustainable Energy Studies and the Leibniz Centre for European Economic Research will be held on June 5 on Open Innovation in the Electricity Sector. This talk focuses on current efforts by a consortium of
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Does Global Competition Allow Open Innovation for a Small Country?
The INA-Rxiv website posted an article which noted that in facing the global competition, small countries should develop their national research and development. Open innovation aims to improve the organization ability to innovate new ideas for products and solutions through exploiting external ideas
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A Contextual Approach To Open Innovation
The Inderscience Online website posted a study which develops a theoretical framework of the relationship between open innovation practices, individuals performing those practices, and context factors that enable or constrain those individuals carrying out open innovation practices. The paper reports
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Absorbing In-Bound Knowledge Within Open Innovation Processes
The Emerald Insight website posted a study which investigated the way companies involved in Open Innovation Processes routinize the procedure through which they can absorb in-bound knowledge, using a case study of Fiat Chrysler. In-bound knowledge passes through the phases of acquisition, assimilation,
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