The Effects of Business Model Innovation of Internet Finance Enterprises on Competitive Advantages

The E3S Web of Conferences website posted a study which noted that business model innovation refers to a means to implement innovation strategy serving as a kind of innovation activity following technological and managerial innovation. In the internet era, driven by the unprecedented development of digital

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Open Innovation Within Loughview Timber: How Knowledge Transfer Is Opening Doors to New Markets

The ARCOM Proceedings website posted a study which aims to determine the effectiveness of adopting an open innovation model in the context of SMEs. Loughview Timber, a small manufacturer based in Northern Ireland, is used as a case study. It is recommended that Loughview Timber continue to exploit the

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The Economy of Collaboration

The book, The Economy of Collaboration, has a chapter, The Sphere of Innovation, which deals with with collaborative relations in the sphere of innovation. There are different forms of collaborative innovation . ‘Open innovation’ refers to a profit-driven corporate strategy. In contrast ‘free innovation’

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The book “Sustainable Innovation” discusses  several aspects of the role of open innovation in sustainable development: Open innovation is innovating innovation, so it breaks static equilibrium and brings in new changes. Open innovation pushes firms to deviate from their current routines

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Strategizing of Economic Systems Digital Transformation: A Driver on Innovative Development

The St. Petersburg State Polytechnic University Journal posted an article which noted that the idea of open innovation determines the need for a company to interact with the external environment in order not only to obtain greater efficiency from the ongoing innovation process, but also to have the possibility

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Open innovation: Human Set-up

Wiley Publishers reported that their new book “Open innovation: Human Set-up”, gives an account of the words and behavior of seven entrepreneurs over several years. The author’s observations allow the reader to understand the perspectives that everyone gives themselves in interactions,

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Business Model Innovation and Firm Performance

The Science Direct website posted a study drawing on the data from a cross-industry sample of 563 European SMEs, structural equation modelling is applied to examine how a firm’s performance is affected by innovating its business model. The findings confirm the validity of the model and contribute

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Strategic Change and Innovation Reputation: Opening up the Innovation Process

The Science Direct website posted a study which examines how strategic change (e.g., closed to open innovation strategy) impacts the attitudes of the periphery of customers (i.e., customers not involved in the innovation process); and it further explores how a firm’s innovation reputation can

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Co-Immune: A Case Study on Open Innovation for Vaccination Hesitancy and Access

The MedRXiv website posted a preliminary study which designed Co-Immune, a program created to tackle the question of vaccination hesitancy and access to vaccination through an online and offline challenge-based open innovation approach. The study highlights how open innovation approaches and online platforms

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