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The Impact of Digital Social Responsibility on Preference and Purchase Intentions: The Implication for Open Innovation

The Impact of Digital Social Responsibility on Preference and Purchase Intentions: The Implication for Open Innovation

By • on January 12, 2021

The MDPI website posted a study which investigated the impact of Digital Social Responsibility (DSR) on brand preference and consumers’ purchase intention comparing between high and low involvement product categories. Previous studies revealed that successes of businesses rely on the extent to which firms attempt to move towards open innovation and

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Dimensions of Research for Open Innovation in SMEs

Dimensions of Research for Open Innovation in SMEs

By • on January 7, 2021

The ICI Global website noted that although the benefits of open innovation have been described in many studies, the underlying mechanisms of how companies can be successful open innovators have not be understood well. A growing community of innovation management researchers started to develop different

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To Recover Faster From Covid-19, Open Up

To Recover Faster From Covid-19, Open Up

By • on January 5, 2021

An article in the Industrial Marketing Management journal by Henry Chesbrough noted that in fighting a pandemic, speed is crucial, and the sooner we know more and are able to take action, the better for all of us. Opening up mobilizes knowledge from many different places, causing our learning to advance

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Innovation Constraints: R&D role in Successful Innovation & Performance

Innovation Constraints: R&D role in Successful Innovation & Performance

By • on November 20, 2020

The Journal of Business and Management posted a study on constraints to innovation which utilized qualitative data collected from extensive literature review and allowed for a robust discourse. Findings revealed that an obvious significant relationship exists between research and development, innovation,

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Inbound and Outbound Practices of Open Innovation and Eco-Innovation

Inbound and Outbound Practices of Open Innovation and Eco-Innovation

By • on November 17, 2020

The Journal of Open Innovation published a study which  analyzes the effects of open innovation on eco-innovation, based on inbound and outbound support practices. Specifically, it aims to analyze the effects of these practices on the eco-innovative performance of bioeconomy and non-bioeconomy firms.

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Managing Open Innovation in Large Firms

Managing Open Innovation in Large Firms

By • on November 16, 2020

The Garwood Center for Corporate Innovation at the University of California, Berkeley, in the US and the Fraunhofer Society in Germany have teamed up to conduct the first large sample survey of open innovation adoption among large firms: “Managing Open Innovation in Large Firms.”  Surveying

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Why Now Is the Time for “Open Innovation”

Why Now Is the Time for “Open Innovation”

By • on October 14, 2020

The Harvard Business Review posted a very incisive and  informative review of the state of and challenges faced by open innovation. It notes that the recent burst of open innovation demonstrates the massive potential of open innovation. Open innovation has the potential to widen the space for value

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Innovation by Proxy: Clusters as Ecosystems Facilitating Open Innovation

Innovation by Proxy: Clusters as Ecosystems Facilitating Open Innovation

By • on September 23, 2020

The JEMI website posted a paper which investigates the potential role of clusters as intermediaries of open innovation for cluster members. The article conceptually links open innovation and clusters, proposes and categorizes roles of clusters as open innovation intermediaries, as well as indicates factors

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A Strategic Design Guideline for Open Business Models

A Strategic Design Guideline for Open Business Models

By • on September 8, 2020

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

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Open Innovation: A Study About the 3M and Natura – Brazil Companies

Open Innovation: A Study About the 3M and Natura – Brazil Companies

By • on September 7, 2020

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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