Measuring Open Innovation Practices: How Openness Relates to Firm Performance
The Academy of Management posted a study by Henry Chesbrough and Qinli LU which employed an unsupervised learning technique (i.e. topic modelling) that utilizes natural language processing to extract information on companies’ open innovation practices from their annual reports. Their approach allows them to develop more granular practices within open
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The Influence of CEO Values on Firm Open Innovation
The Academy of Management website posted a study which noted that prior research has focused on exploring the factors promoting openness in innovation from firm characteristics, industrial economy and environmental determinism perspectives, while the “microfoundations” of open innovation remain relatively
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Exploring Open Innovation and Digitalization in Services
The Academy of Management website posted a study which investigates the interlink between open innovation (OI) and digitalization in the service industry, particularly in consulting firms. OI is an emerging theory that has not been fully explored in the service industry. The researchers conducted 15
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Horizontal Open Innovation
An study on the Academy of Management site noted that a key contribution of the open innovation literature is the notion that firms need to access outside sources of ideas and complementary assets. A literature has blossomed that details a variety of open innovation modes. But emergent phenomena, including
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