What Can Open Innovation Be Used For And How Does It Create Value?

The Danish National Research Database website reported on a study which in­ves­ti­gated the pur­poses for which pub­lic sec­tor or­gan­i­za­tions use open in­no­va­tion, and how it cre­ates value. The re­search ques­tion is an­swered through a sys­tem­atic lit­er­a­ture re­view and an analy­sis of pub­licly avail­able data about the open in­no­va­tion pro­jects re­ferred to in that lit­er­a­ture. The re­search iden­ti­fies five dif­fer­ent pur­poses of us­ing open in­no­va­tion. It also sug­gests that pub­lic sec­tor or­gan­iza­tions pri­mar­ily use open in­no­va­tion to pur­sue one spe­cific pur­pose: in­no­va­tion in so­ci­ety. When us­ing open in­no­va­tion for this pur­pose, pub­lic sec­tor or­gan­i­za­tions at­tempt to cre­ate value by im­prov­ing cit­i­zens’ qual­ity of life and the qual­ity of neigh­bor­hoods.

Click here to read the abstract of the article.

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