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The Ups and Downs of Open Innovation Efficiency
The University of Greenwich site posted a new study which noted that Open innovation (OI) has become increasingly popular as an enterprise strategy in both industry and academia, and has been adopted, at least in part, by many companies. Despite this popularity, there is a dearth of evaluation of OI efficiency and a lack of suitable quantitative indices.
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Engaging in Open Innovation
The Journal of Geberal Management posted a study which contributes to the literature on open innovation by addressing the scarcity of individual-level literature and insight into the human side of open innovation. Specifically, it examines the relationships between transactional and transformational
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How Do Leaders Embrace Stakeholder Engagement for Sustainability-Oriented Innovation?
A chapter in the book New Leadership in Strategy and Communication demonstrates how open innovation can be applied to sustainability contexts: “In this chapter we specifically address the leadership challenges encountered in accessing the wide variety of knowledge from multiple external stakeholders.
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The Role of Sequential Coherence in Open Innovation:
The International Conference on Business Research posted a study which noted that open innovation does not always increase innovation performance. Extant literature provides inconsistent and inconclusive arguments in respect of the relationship between open innovation practices and innovation performance.
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Employee-Level Open Innovation in Emerging Markets
The Springer site posted a study which examines whether firms in an emergent market can strategically deploy the appropriate managerial resources to help their employees leverage internal and external knowledge sources into innovative output. The study’s theoretical approach highlights the microfoundations
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Horizontal Open Innovation
An study on the Academy of Management site noted that a key contribution of the open innovation literature is the notion that firms need to access outside sources of ideas and complementary assets. A literature has blossomed that details a variety of open innovation modes. But emergent phenomena, including
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Leveraging Open Innovation to Improve Society
The Wiley On-line Library posted a study from the journal R&D Management which noted that it has become clear that Open Innovation directly improves organizations’ economic performance and resilience, but researchers, practitioners, and policy makers became also convinced that OI might be the
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Constituents of Innovation Ecosystems
The Emerald Insight site posted a summary of a study which compared the different approaches to innovation ecosystems in the literature, the connection with open innovation, the value creating and value capturing processes in innovation ecosystems, and the need to orchestrate them properly. The paper
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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
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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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