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Open Innovation Challenges and Coopetition-Based Open-Innovation
A study on the IGI Global site found that the success of the open innovation model is based on five major elements, namely, 1) motivating spillovers, 2) incorporation of external knowledge, 3) intellectual property management, 4) maximization of internal innovation, and 5) financial constraints. These five elements are the major challenges for companies
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Management of Open Innovation in Healthcare
The Journal of Open Innovation posted an article which noted that the diffusion of the New Public Management philosophy determines an increasing innovation in the public field. The need for open innovation management is relevant to improve and also increase performance in healthcare organizations. This
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How Does Open Innovation Lead Competitive Advantage?
The Plos One website noted that the relationship between open innovation and a company’s competitive advantage, and organizational capabilities required remains to be explained. This study was conducted to answer the following questions: Does open innovation create organization’s competitive
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Managing Open Innovation: A Project-Level Perspective
The IEEExpress website noted that project-level studies on open innovation management are still scant and there is a lack of quantitative insights. Based on a survey designed to collect detailed data from 201 innovation projects, this article provides a quantitative cross-project analysis of how two,
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A New Approach for Detecting Open Innovation in Patents
The Springer website posted an article from The Journal of Technology Transfer which discusses to what extent open innovation is utilized in R&D departments by using patents as a main source. The paper adopts the “designation of the inventor” as a new method for detecting open or closed innovation,
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Assessing the Breadth of Open Innovation Practices
Sinergie, the Italian Journal of Management, posted a research paper which first, aims to identify open innovation practices (OIP) used by empirical studies in the context of the open innovation (OI) field. Second, it aims to test the inverted U-shaped relationship between the breadth of OIP and innovation
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In Search of Disruptive Ideas
The InsideScienceOnline website noted that the key challenge for data science in open innovation web systems is to find best ideas among thousands of community submissions. To date, this has been done with metrics reflecting enterprise needs or community preferences. This article proposes to look in
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Four Skills For Successful Open Innovation
The Asian Scientist website reported that rather than depend solely on its own strengths and resources to innovate, organizations are beginning to realize the benefits of partnering with external collaborators for success, practicing open innovation (OI). This strategy has become something of a gold
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Advancing Open Innovation Teaching
The Proquest website described a study which noted that the existing Open Innovation teaching programs are rather limited and the tools and methods applied are not yet widely discussed in business and academia. Building on the results of a large EU project developed first in Europe OI curriculum, the
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Open Innovation in Family Firms
The Emerald Insight website posted a study whose purpose is to shed light on how family firms execute open innovation strategies by managing internal and external knowledge flows (KF) to provide a deeper understanding of family firms’ ability to innovate through traditions and create value across generations.
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