The Ups and Downs of Open Innovation Efficiency

By • on September 17, 2019

The University of Greenwich site posted a new study which noted that Open innovation (OI) has become increasingly popular as an enterprise strategy in both industry and academia, and has been adopted, at least in part, by many companies. Despite this popularity, there is a dearth of evaluation of OI efficiency and a lack of suitable quantitative indices. In this study, we used both Data Envelopment analysis (DEA) and Malmquist techniques to compare the pre- and post-transition levels of performance achievement of Procter&Gamble (P&G), a widely recognized and public early adopter of OI, with a group of its main competitors.

Click here to read the abstract of the article.

Image via Flickr.

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