Open Innovation Best Practices

2019 ◽  
pp. 133-151
Author(s):  
Henry Chesbrough
Keyword(s):  
Best Practices ◽  
Environmental Sustainability ◽  
Open Innovation ◽  
Strong Growth ◽  
Innovation Practices ◽  
Over Time

Open Innovation can be a powerful engine for growth, if properly managed. P&G was an early, powerful trendsetter in achieving growth from Open Innovation. Open Innovation also can be valuable as a tool to enable environmental sustainability, as seen by Enel and Carlsberg However, even organizations who embody effective Open Innovation practices can have trouble sustaining growth over time. Practices that initially led to strong growth have been followed by periods of declining revenue, or even bankruptcy. Both Qwirky and P&G have struggled to sustain growth via Open Innovation. Open Innovation requires a certain mindset to sustain growth over time. Following the best practices alone may not keep the company ahead of its competitors. Following Open Innovation principles may prove more enduring.

scholarly journals How Open Innovation Practices Deliver Societal Benefits

2021 ◽  
Vol 13 (3) ◽  
pp. 1431
Author(s):  
Elisabeth Eppinger
Keyword(s):  
Diffusion Of Innovation ◽  
Environmental Sustainability ◽  
Open Innovation ◽  
Cost Allocation ◽  
Social Innovation ◽  
Responsible Innovation ◽  
Path Creation ◽  
Societal Benefits ◽  
Innovation Practices ◽  
Innovation Attributes

Open innovation practices have the potential to benefit society greatly. Bridging the research on open innovation, diffusion of innovation and responsible innovation, this study investigates how open innovation practices can foster societal benefits. Elaborating on potential benefit gaps and detrimental effects of innovation, the study proposes six distinct innovation attributes to deliver societal benefits: (I) adequate information and communication channels, (II) affordability, (III) appropriateness and availability, (IV) anticipation in terms of appropriate and reflexive risk assessment, (V) accountability in terms of adequate cost allocation of detrimental side effects, and (VI) sustainable path creation for transitions towards societal and environmental sustainability. Ten different open innovation practices are assessed drawing on our own and other published empirical insights. This assessment provides insights into which features of the practices support social benefits. Based on this assessment, we propose a typology of three different practices in relation to societal benefits and discuss how they address the six innovation attributes. Providing rich insights into which practices deliver societal benefits through which features, this study makes a significant contribution to existing research on open innovation, responsible innovation, inclusive and social innovation. Some practical implications and directions for further research are provided.

scholarly journals Systemic Innovation Areas for Heritage-Led Rural Regeneration: A Multilevel Repository of Best Practices

2021 ◽  
Vol 13 (9) ◽  
pp. 5069
Author(s):  
Aitziber Egusquiza ◽  
Mikel Zubiaga ◽  
Alessandra Gandini ◽  
Claudia de Luca ◽  
Simona Tondelli
Keyword(s):  
Best Practices ◽  
Environmental Sustainability ◽  
Rural Areas ◽  
Role Models ◽  
Social Inclusion ◽  
Work Support ◽  
Community Capitals ◽  
Community Capitals Framework ◽  
Systemic Innovation

This paper presents the result of the analysis of the data gathered from 20 Role Models (RM) case studies regarding their successful heritage-led rural regeneration models. For the study and comparison of the narratives of these Role Models two tools were used: the Community Capitals Framework, which studied the transference of capitals in each process and the identification of six Systemic Innovation Areas that allow this capital transference. A multilevel repository of best practices has been developed allowing the identification of common features, mechanisms for mobilisation of capitals and required resources that will facilitate the replication in other rural areas. The results of this work support the acknowledgement of the contribution of culture, together with cultural and natural heritage, to economic growth, social inclusion and environmental sustainability in rural areas reinforcing the role of culture as the fourth pillar of sustainable development.

UNLOCKING THE INNOVATION POTENTIAL IN LARGE FIRMS THROUGH TIMELY AND MEANINGFUL INTERACTIONS WITH YOUNG VENTURES

2017 ◽  
Vol 21 (01) ◽  
pp. 1750009 ◽  
Author(s):  
BABKE N. HOGENHUIS ◽  
ELLIS A. VAN DEN HENDE ◽  
ERIK JAN HULTINK
Keyword(s):  
Best Practices ◽  
Cultural Differences ◽  
Open Innovation ◽  
Large Firm ◽  
Positive Impact ◽  
Large Firms ◽  
Roles And Responsibilities ◽  
Innovation Potential ◽  
Set Up ◽  
Operational Issues

Since the introduction of open innovation (OI), both firms and academics have widely acknowledged the potential of unlocking large firms’ innovation potential through interactions with external parties, such as young ventures. These asymmetric partnerships are prone to several problems related to communication, roles and responsibilities, cultural differences, and operational issues, for which solutions and best practices have been proposed. However, all these solutions focus on the partnership itself; hence, on the “Get & Manage (GM)” stages. Unfortunately, the processes leading to a partnership; i.e., the “Want & Find (WF)” stages before the partnership, have largely been overlooked. The central thesis of this manuscript is that solutions that are implemented in the early “WF” stages have a positive impact on the outcomes of an asymmetric large firm — young venture partnership. We will show that attention to set-up and communication efforts in these early stages is needed, and discuss how our detailed explanations of such fruitful solutions contribute to the extant literature on asymmetric OI collaborations.

Increased adoption of best practices in ecological forecasting enables comparisons of forecastability across systems

2021 ◽  
Author(s):  
Abigail S. L. Lewis ◽  
Whitney M. Woelmer ◽  
Heather L. Wander ◽  
Dexter W. Howard ◽  
John W. Smith ◽  
...  
Keyword(s):  
Decision Support ◽  
Best Practices ◽  
Forecast Skill ◽  
Robust Analysis ◽  
Ecological Forecasting ◽  
Workflow Automation ◽  
Future Developments ◽  
Current State ◽  
Near Term ◽  
Over Time

Near-term iterative forecasting is a powerful tool for ecological decision support and has the potential to transform our understanding of ecological predictability. However, to this point, there has been no cross-ecosystem analysis of near-term ecological forecasts, making it difficult to synthesize diverse research efforts and prioritize future developments for this emerging field. In this study, we analyzed 178 near-term ecological forecasting papers to understand the development and current state of near-term ecological forecasting literature and compare forecast skill across ecosystems and variables. Our results indicate that near-term ecological forecasting is widespread and growing: forecasts have been produced for sites on all seven continents and the rate of forecast publication is increasing over time. As forecast production has accelerated, a number of best practices have been proposed and application of these best practices is increasing. In particular, data publication, forecast archiving, and workflow automation have all increased significantly over time. However, adoption of proposed best practices remains low overall: for example, despite the fact that uncertainty is often cited as an essential component of an ecological forecast, only 45% of papers included uncertainty in their forecast outputs. As the use of these proposed best practices increases, near-term ecological forecasting has the potential to make significant contributions to our understanding of predictability across scales and variables. In this study, we found that forecast skill decreased in predictable patterns over 1–7 day forecast horizons. Variables that were closely related (i.e., chlorophyll and phytoplankton) displayed very similar trends in predictability, while more distantly related variables (i.e., pollen and evapotranspiration) exhibited significantly different patterns. Increasing use of proposed best practices in ecological forecasting will allow us to examine the forecastability of additional variables and timescales in the future, providing a robust analysis of the fundamental predictability of ecological variables.

MAPPING THE PERCEPTION AND REALITY OF OPEN INNOVATION

2013 ◽  
Vol 17 (06) ◽  
pp. 1340016 ◽  
Author(s):  
JUSTYNA DĄBROWSKA ◽  
IRINA FIEGENBAUM ◽  
ANTERO KUTVONEN
Keyword(s):  
Open Innovation ◽  
Innovation Management ◽  
Innovation Process ◽  
Innovation Research ◽  
Innovation Activities ◽  
Current State ◽  
Business Practitioners ◽  
The Right ◽  
Innovation Practices ◽  
Innovation Processes

Open innovation holds great potential for improving the efficiency of companies' innovation processes, but also presents substantial risks. A key issue in innovation management is finding the right balance of openness, i.e., determining how open companies should be in their innovation activities. However, academics and business practitioners hold conflicting notions of what constitutes open innovation practice and of how "open innovation companies" are defined. In this paper, we present three in-depth case studies of global R&D-intensive companies, where we find that the firms' perception of their openness differs from their actual situation (as determined by the innovation practices that they apply), and that each company has a different view as to what constitutes open innovation. We claim that resolving conceptual ambiguity and differentiating between openness (as a philosophical aspect) and open innovation (as a way of structuring the innovation process) in research is critical in order to clarify the current state of open innovation research and enable the communication of results to practitioners.

scholarly journals Research and Practices on Open Innovation

2011 ◽  
pp. 1-23 ◽  
Author(s):  
Hakikur Rahman ◽  
Isabel Ramos
Keyword(s):  
Longitudinal Study ◽  
Open Innovation ◽  
Small And Medium Enterprises ◽  
Enterprise Management ◽  
Future Research ◽  
Economic Prosperity ◽  
Research Practices ◽  
Sustained Growth ◽  
Medium Enterprises ◽  
Innovation Practices

Innovation has become a recognized driver of economic prosperity of a country through sustained growth of its entrepreneurships. Moreover, recently coined term open innovation is increasingly taking a lead in enterprise management in terms of sustained profitability. Foci of researchers and practitioners are revolving around innovation methods, processes, and strategies. This chapter seeks to find out open innovation researches and practices that are being carried out circumscribing development of small and medium enterprises (SMEs) through a longitudinal study. Along this context the study is investigating into researches that are being carried out by leading researchers and research houses across the globe, and at the same time, it also investigates open innovation practices that are being carried out for the development of SMEs. Before its conclusion, the chapter attempts to develop a framework for future research practices.

scholarly journals Rvolta, a Case for Open Innovation

2013 ◽  
pp. 1562-1579
Author(s):  
Margarida Cardoso ◽  
Isabel Ramos
Keyword(s):  
Qualitative Research ◽  
Information Systems ◽  
Waste Management ◽  
Knowledge Creation ◽  
Open Innovation ◽  
Small And Medium Enterprise ◽  
Medium Enterprise ◽  
Innovation Practices ◽  
Focus Point

Rvolta has been working in waste management industry for 16 years now. This SME (Small and Medium Enterprise) from Portugal is taken as a focus point for the case study addressing a network of partners working in various activities which became related, so as to disclose the underlying innovative spirit, strategy, and partnership structure. Objectives of the present chapter are to portray and analyze a SME success case in open innovation (through various innovation practices), and clarify how knowledge creation and collaboration amongst different players in a network takes place. An exemplary collaboration episode is told. Framing issues are addressed so as to understand how they affect open innovation in SMEs. The study finds interactions, networking, and partnership connections, are important issues and indeed make a difference, thus enabling SMEs to innovate. This case evolved from an exploratory phase of an Information Systems PhD qualitative research, addressing open and crowdsourcing innovation.

scholarly journals The Uses and Abuses of Tree Thinking in Cultural Evolution

2021 ◽  
Author(s):  
Cara Evans ◽  
Simon J. Greenhill ◽  
Joseph Watts ◽  
Johann-Mattis List ◽  
Carlos A. Botero ◽  
...  
Keyword(s):  
Best Practices ◽  
Cultural Evolution ◽  
Cross Cultural ◽  
Tree Thinking ◽  
Phylogenetic Methods ◽  
Cultural Research ◽  
Cross Cultural Research ◽  
Cultural Traits ◽  
Lines Of Evidence ◽  
Over Time

Modern phylogenetic methods are increasingly being used to address questions about macro-level patterns in cultural evolution. These methods can illuminate the unobservable histories of cultural traits and identify the evolutionary drivers of trait-change over time, but their application is not without pitfalls. Here we outline the current scope of research in cultural tree thinking, highlighting a toolkit of best practices to navigate and avoid the pitfalls and ‘abuses’ associated with their application. We emphasise two principles that support the appropriate application of phylogenetic methodologies in cross-cultural research: researchers should (1) draw on multiple lines of evidence when deciding if and which types of phylogenetic methods and models are suitable for their cross-cultural data, and (2) carefully consider how different cultural traits might have different evolutionary histories across space and time. When used appropriately phylogenetic methods can provide powerful insights into the processes of evolutionary change that have shaped the broad patterns of human history.

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