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Survival of Fittest: Open Innovation and Product Development Linkages

Survival of Fittest: Open Innovation and Product Development Linkages

By • on September 20, 2021

A conference paper at the International Conference on Human Interaction and Emerging Technologies noted that open innovation is becoming the frontline strategy to develop new products and services in most R&D based firms. This paper focuses on the strategies of the companies which protect their R&D capabilities and their effect on the open

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How Firms Use Inbound Open Innovation Practices Over Time

How Firms Use Inbound Open Innovation Practices Over Time

By • on September 10, 2021

The journal R and D Management noted that the existing research on Open Innovation documents a broad set of practices that firms may use to implement inbound Open Innovation, which entail various degrees of integration with the external partner. There is also empirical evidence showing how firms move

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How to Appropriate Value from General-Purpose Technology by Applying Open Innovation

How to Appropriate Value from General-Purpose Technology by Applying Open Innovation

By • on September 9, 2021

The California Management Review noted that artificial intelligence increasingly attracts attention and investments. However, appropriating value from this general-purpose technology (GPT) can be difficult. To understand these challenges, this article analyzes why IBM failed to generate significant profits

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Synergetic Effects of Network Interconnections in the Conditions of Virtual Reality

Synergetic Effects of Network Interconnections in the Conditions of Virtual Reality

By • on September 8, 2021

An article in the Journal of Entrepreneurship, Management and Innovation noted that Henry Chesbrough uses the funnel to describe the innovation process, the continuous and intermittent boundaries, which clearly demonstrate the essence of yesterday and today’s foundations of open networking. According

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UNITAR to co-host Session on “Reinforcing SDGs through Open Innovation”

UNITAR to co-host Session on “Reinforcing SDGs through Open Innovation”

By • on September 2, 2021

Mirage News reported that on 28 September 2021, UNITAR and the University of Geneva, co-chairing the University Global Coalition Working Group on Open Innovation for Sustainable Development Goals (SDGs), will host a session on “Reinforcing the SDGs through open innovation” in the 2021 University

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Open innovation in SMEs: A Process View Towards Business Model Innovation

Open innovation in SMEs: A Process View Towards Business Model Innovation

By • on August 30, 2021

The Journal of Small Business Management posted a study which noted that to be competitive, small and medium-sized enterprises (SMEs) need to transform their business models. To overcome the liability of smallness, SMEs often need to collaborate with external partners—implement open innovation. The

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Startup Orientated Innovation for Creating Female STEMpreneurs

Startup Orientated Innovation for Creating Female STEMpreneurs

By • on August 25, 2021

The International Journal of Computing and Digital Systems reported that cooperative innovation has become more important and has attracted great attention from academic researchers in recent years. One popular approach is the Open Innovation approach described first by H. W. Chesbrough. The way this

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The impact of Open Innovation Challenges on Automotive Component Manufacturers’ Competitiveness

The impact of Open Innovation Challenges on Automotive Component Manufacturers’ Competitiveness

By • on August 22, 2021

The Taylor & Francis Online website posted a study which examined the impact of open innovation strategy challenges on the competitiveness of automotive component manufacturers (ACMs) in South Africa. It addressed ACM open innovation challenges and their effect on competitiveness and the relationship

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Value Capture in Open Innovation Markets: The Role of Patent Rights for Innovation Appropriation

Value Capture in Open Innovation Markets: The Role of Patent Rights for Innovation Appropriation

By • on August 17, 2021

The Emerald Insight website posted a study which noted that the role of patents for appropriating (capturing) value from innovation investments has for decades been of major interest to both practitioners and academics in innovation management. Many studies have implicitly assumed that firms appropriate

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To Spur Innovation, Tech Ecosystems Can’t Afford to Overlook Academia

To Spur Innovation, Tech Ecosystems Can’t Afford to Overlook Academia

By • on August 9, 2021

The Calcalistech website noted that large companies are more aware of the fact that they can’t just rely on their R&D and should turn to academics to acquire new technologies and know-how. Harvard Professor Henry Chesbrough termed this equation “Open innovation.” The European Commission recognized

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