Adoption of Open Innovation in Large Firms

By • on March 14, 2018

The Taylor Francis Online website posted  large-sample survey of open innovation adoption and management in large firms, a follow-up to a previous study. Some of the survey measures from the first survey were repeated, finding that open innovation continues to be widely practiced in about 80 percent of responding firms. Outside-in open innovation is more often practiced than inside-out. In other words, large firms are net takers of free knowledge flows, in part because they are concerned about IP protection for outbound knowledge. When new measures were added to examine open innovation at the project level, it was found that firms selectively manage knowledge flows into and out of projects and are formalizing processes as they move from problem definition to execution. The survey concludes with observations about the organizational challenges and risks of shifting to an open innovation approach.

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