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Selecting an Open Innovation community as an Alliance Partner
The ScienceDirect website reported on a study which noted that organizations build strategic alliances with other firms with the intent of tapping into partners’ resources and capturing long-term value from these relationships. Such partnerships are typically governed by contractual or equity arrangements with clear mutual obligations. More recently,
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Advancing Biological Research Through Open Innovation Competitions
The Harvard Business School website posted an article which noted that researchers use open innovation competitions to benchmark their solutions to a particular computational problem, or to generalize their methodologies to instances of the problem for which a solution is unknown. Past examples demonstrate
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Investigating Open Government for Social Innovation
The R&D Management journal posted an article which noted that in recent years, public sector organizations have increasingly focused on citizen contribution by adopting instruments known from open innovation. A more open approach to innovation has become dominant in innovation management during
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Creativity and Stakeholders’ Engagement in Open Innovation
The Journal of Business Research posted a paper which investigates the role of design as a knowledge translation mechanism for social creativity in technology-intensive enterprises’ open innovation practices. The focus is on how design can be used to connect and combine the contribution of creativity
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Open for Innovation: Why Engaged Firms Are More Creative
The Bertelsmann Stiftung website posted a report which discussed how soft knowledge flows from businesses’ corporate citizenship activities can enrich the hard business of innovation. Beyond conventional Open Innovation (OI) partnerships with startups, suppliers or universities, business-civil society
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The Dynamics of Openness and the Role of User Communities
The IEEE Journal posted an article which noted that to remain competitive, it is critical for firms to integrate external sources of knowledge. However, finding the right degree of openness is challenging, especially in complex open innovation ecosystems. This paper investigates the role of openness
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Open Science and Open Innovation in Socio-Political Context
The University of East Anglia website posted the abstract of a new study which traces the origins and progress of Open Science and proposes its generative coupling to Open Innovation in the contemporary socio-political context. It identifies the co-evolution, co-existence and co-production of Open
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Measuring SMEs’ Propensity for Open Innovation
The IEEExplore website posted a new study which noted that open innovation (OI) has captured increasing interest over recent decades as this approach is linked to higher level organizational ambidextrous strategy, and has become a prerequisite for achieving competitive advantages. Assessing firms’
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Corporate Venturing: How Much Autonomy Will Maximize Impact?
The IESE Insight website website reported on a new study on how companies can best maximize the impact from corporate venturing. Chief innovation officers know that corporate venturing — the collaboration between established firms and innovative startups — can yield strong results. Its
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Innovation Management
A new book, “The Routledge Companion to Innovation Management,” has a chapter on Open Innovation, “A conceptual comparison of open innovation and several similar innovation models”. The chapter discusses collaborative innovation, network-based crowdsourcing, the modes of open
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