
Measuring Open Innovation Practices Through Topic Modelling
The Science Direct website noted that despite the popularity of open innovation in recent years, studies examining the impact of open innovation upon firm performance have shown mixed results. The results of this study show that a firm’s overall openness level is associated with improved financial performance. More granular practices developed from
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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
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