OPEN INNOVATION IN UNIVERSITY–INDUSTRY COLLABORATION: COMMUNITIES OF PRACTICE

Author(s):  
Päivi Iskanius
2021 ◽  
Vol 13 (7) ◽  
pp. 3866
Author(s):  
Joana Costa ◽  
Ana Rita Neves ◽  
João Reis

Open innovation is proved to be determinant in the rationalization of sustainable innovation ecosystems. Firms, universities, governments, user communities and the overall environment are called to contribute to this dynamic process. This study aims to contribute to a better understanding of the impact of open innovation on firms’ performance and to empirically assess whether university-industry collaborations are complementary or substitutes for this activity. Primary data were collected from a survey encompassing 908 firms, and then combined with performance indicators from SABI (Spanish and Portuguese business information). Econometric estimations were run to evaluate the role of open innovation and university-industry collaboration in the firm innovative propensity and performance. Results highlight the importance of diversity in collaborations with the academia and inbound open innovation strategy as enhancers of firm performance. The two activities reinforce each other. By testing the impact of open innovation practices on company performance, the need for heterogeneity in terms of contact type and university is also demonstrated. Findings cast light on the need to reformulate existing policy packages, reinforcing the ties with academia as well as the promotion of open innovation strategies. The connection to the innovation ecosystem needs to be further encouraged as well as the promotion of persistent connections with the knowledge sources in an open and multilateral framework.


2010 ◽  
Vol 1 (1) ◽  
pp. 23-33
Author(s):  
Vinnie Jauhari ◽  
Michel Benard

“In the pursuit of innovation, global firms try to deploy different strategies for innovation. The universities constitute a very important segment for sourcing innovation and working on pre-competitive technologies which have a long term impact. This research assesses the open innovation approach deployed by firms. It also looks at the approach adopted by Hewlett-Packard to focus on technologies which have a long term impact and developed by an open approach involving technical communities around the globe. It tracks the development of technologies such as D Space and its applications and challenges. It also looks at the strategy towards developing Cloud Computing frameworks. The other initiatives include the implementation of the Innovation Research Program spanning the universities across various countries. The opportunities and challenges associated with the open innovation approach are then suggested based on interaction with over two dozen leading academics and industry practitioners.”


Author(s):  
Eliza Laura Coraş ◽  
Adrian Dumitru Tanţãu

Universities are considered the main sources of innovation; yet, in practice, their potential as collaboration partners in the scope of innovation creation is underexplored, being last mentioned by firms as collaborators. Moreover, firms' innovation policies tend to change their focus by driving success more often from collaboration with universities. Given the direct influence of quality of higher education on the capacity of the business sector to innovate, in this chapter the authors address the issue of collaborating with higher education institutions through open innovation by fostering university-industry collaboration and a more entrepreneurial mindset in universities. The authors offer evidence from European universities in order to illustrate the benefits of such partnerships and also the barriers that hamper the open innovation objectives by applying a risk management perspective. Furthermore, they explore with examples how Romanian universities take this path of collaboration.


Economics ◽  
2015 ◽  
pp. 957-980
Author(s):  
Eliza Laura Coraş ◽  
Adrian Dumitru Tanţãu

Universities are considered the main sources of innovation; yet, in practice, their potential as collaboration partners in the scope of innovation creation is underexplored, being last mentioned by firms as collaborators. Moreover, firms' innovation policies tend to change their focus by driving success more often from collaboration with universities. Given the direct influence of quality of higher education on the capacity of the business sector to innovate, in this chapter the authors address the issue of collaborating with higher education institutions through open innovation by fostering university-industry collaboration and a more entrepreneurial mindset in universities. The authors offer evidence from European universities in order to illustrate the benefits of such partnerships and also the barriers that hamper the open innovation objectives by applying a risk management perspective. Furthermore, they explore with examples how Romanian universities take this path of collaboration.


2015 ◽  
Vol 23 ◽  
pp. 23-32 ◽  
Author(s):  
Anca Draghici ◽  
Calin-Florin Baban ◽  
Maria-Luminita Gogan ◽  
Larisa-Victoria Ivascu

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