The Effect of Open Innovation Strategies on Business Models in the Automotive Sector

The Effect of Open Innovation Strategies on Business Models in the Automotive Sector

By • on July 6, 2020

The Inder Science Online website posted an article which explores how the adoption of an open innovation strategy changes the business model, specifically, in the case of small and medium enterprises (SMEs). Previous studies have mainly addressed this topic theoretically, and the original contribution of the approach in the present study stems from

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Why Innovation’s Future Isn’t (Just) Open

Why Innovation’s Future Isn’t (Just) Open

By • on May 18, 2020

The MIT Sloan Management Review noted that innovating with external partners doesn’t always give companies a competitive advantage. It needs to be balanced with internal efforts. Most companies, our research suggests, should rethink their innovation systems and develop portfolios with a balance of

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Business Model Innovation in Strategic Alliances

Business Model Innovation in Strategic Alliances

By • on April 21, 2020

The Wiley Online Library posted a study of business model innovation which noted that Henry Chesbrough was the first who distinguished between open and closed business models. The term ‘open business’ was originally used in the context of collaborative innovation research but was used more broadly

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Global Innovation Management Market Report

Global Innovation Management Market Report

By • on March 5, 2020

The Nyse News Times website reported that Data Bridge Market research released a new 350 page research report titled “Global Innovation Management Market” with insights by application, product type, competitive landscape and regional forecast 2025. The report said that the global innovation management

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Innovation Policy Instruments Through the Lens of Open Innovation

Innovation Policy Instruments Through the Lens of Open Innovation

By • on February 4, 2020

The Revistes website at the University of Barcelona posted a study originally published in the Journal of Evolutionary Studies in Business which examines the degree to which existing public innovation policies promote open innovation by companies. The results show that innovation policies in Spanish

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Why We Need To Disseminate Innovation

Why We Need To Disseminate Innovation

By • on December 11, 2019

An article on the Forbes website noted that the need for greater dissemination of technology was recently promoted by a report from MIT’s task force on the work for the future. This is predominantly because the majority of investment in new technology is done by a relatively small number of large companies.

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Henry Chesbrough’s Latest Book: Open Innovation Results

Henry Chesbrough’s Latest Book: Open Innovation Results

By • on December 7, 2019

The Oxford University Press website posted a description of Henry Chesbrough’s latest book, Open Innovation Results. In this book Henry Chesbrough, the originator of open innovation, examines the hype behind its practice, shows where real results are taking place, and explains how companies can

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How Does Open Innovation Lead Competitive Advantage?

How Does Open Innovation Lead Competitive Advantage?

By • on November 26, 2019

The Plos One website noted that the relationship between open innovation and a company’s competitive advantage, and organizational capabilities required remains to be explained. This study was conducted to answer the following questions: Does open innovation create organization’s competitive

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The Purchasing Innovation Function, an Interface Player in Open Innovation

The Purchasing Innovation Function, an Interface Player in Open Innovation

By • on November 19, 2019

The HAL website reported that the benefits of Open Innovation, and specifically of innovation coming from suppliers, are widely emphasized by the literature. In parallel, the difficulties of implementing such approaches are also underlined, and the necessity of creating new roles is emphasized for managing

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The Role of Sequential Coherence in Open Innovation:

The Role of Sequential Coherence in Open Innovation:

By • on August 20, 2019

The International Conference on Business Research posted a study which noted that open innovation does not always increase innovation performance. Extant literature provides inconsistent and inconclusive arguments in respect of the relationship between open innovation practices and innovation performance.

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