The Psychology of Open Innovation

By • on May 13, 2018

The Science Direct website posted an article which discussed the psychology of open innovation. The psychological aspects, so-called ‘soft factors’ necessary for open innovation are investigated in order to show why the majority of innovation failures are caused by the management problems not by lack of time or technology. Steps of innovation identified include a ‘creative phase’ and an ‘ability to prevail’ phase, to reach full realization despite hurdles. Favorable psychological factors for innovation identified are passion and intrinsic motivation, communication skills, charisma, ambition, creative urge goal orientation and the willingness to partner with others with complementary skills. 

Click here to read the article.

Image via Flickr.

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