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A Strategic Design Guideline for Open Business Models
The International Journal of Automation Technology posted a study which noted that to realize a competitive product-service system, a manufacturer is required to change its closed business model and develop open and sustainable alliances with external partners. As an alternative business model, an open business model (OBM) is a new concept, replacing
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Open Innovation: A Study About the 3M and Natura – Brazil Companies
The IberoAmerican Journal of Strategic Management posted a study whose aim is to verify how Natura and 3M businesses included open innovation in their everyday practices. The results show that open innovation is understood by companies like a strategy that permeates the ecosystem to the complement of
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Managing the Challenges of Business-to-Business Open Innovation in Complex Projects
The Science Direct website posted a study which noted that research shows that knowledge sharing and system integration are two major challenges posed by openness to business partners in complex innovation projects. However, there remains limited research on the microfoundations (i.e., actions and practices)
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Technology and Strategic Surprise: Adapting to an Era of Open Innovation
An article in the The US Army War College Quarterly noted that technological revolutions affecting military innovation and state power can be either open or closed. In the twentieth century, military technological innovation was mainly closed. By contrast, in the twenty-first century technological innovation
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The Practice of Open Innovation by SMEs in the Food Industry
The Journal of Innovation Management published a study which examines the practice of open innovation by Small and Medium-sized Enterprises (SMEs) in the food industry. The results of the analysis show that food SMEs practice open innovation mostly through inbound open innovation activities rather than
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The Open Innovation in Science research field
The Industry and Innovation Journal posted an article which noted that Openness and collaboration in scientific research are attracting increasing attention from scholars and practitioners alike. However, a common understanding of these phenomena is hindered by disciplinary boundaries and disconnected
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Open Innovation in the Food Industry
The British Food Journal issued a call for papers on Open Innovation in the Food Industry. The Journal noted that Open Innovation has been a paradigm that reshaped the approach to innovation and competitiveness during the last two decades. Regarding the food industry, studies have revealed that open
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The Influence of CEO Values on Firm Open Innovation
The Academy of Management website posted a study which noted that prior research has focused on exploring the factors promoting openness in innovation from firm characteristics, industrial economy and environmental determinism perspectives, while the “microfoundations” of open innovation remain relatively
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Why Open Innovation Is Such A Needed Idea For Tech Firms
The Analytics India Magazine website quoted former IBM research director James McGroddy: “When you’re targeting your technology to your current business, it’s like a chess game. In a new market, you have to plan your technology entirely differently. You’re not playing chess anymore; now you’re
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Beyond Prizes: How and Why Some SMEs Benefit From Participating in Open Innovation Contests
The ProQuest website posted a study which noted that large enterprises and government agencies are increasingly collaborating with entrepreneurs and innovative small-to-medium-sized enterprises (SMEs) to solve complex challenges. One of the key approaches to collaboration is to organize an open innovation
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