Open Innovation: Bridging Theory and Practice

10.1142/oibtp ◽  
2017 ◽  

Organizations globally must expect severe competition for at least the next decade, and there is unanimous agreement that sustainable innovation is the quintessential challenge for all organizations – without it organizations must flounder and perish. In this chapter, theory and practice are explored to specify the vital underpinnings of successful innovation, including the critically important organizational property of absorptive capacity which is largely based on leadership, participative and open culture, and knowledge management. Strategic topics such as the knowledge based view, open innovation, and the pros and cons of ‘innovation’ orientation and ‘imitation’ orientation are discussed, together with the importance of supply chain innovation. Details of the practical role Communities of Innovation (CoInv) serve are clarified, together with explanations of why identifying and leveraging the influence of innovation champions and opinion leaders is essential to success. The concepts of Learning-to-Innovate and Innovating-to-Learn are also discussed.


2012 ◽  
Vol 7 (2) ◽  
pp. 119 ◽  
Author(s):  
Raffaella Manzini ◽  
Valentina Lazzarotti ◽  
Luisa Pellegrini

2010 ◽  
Vol 14 (03) ◽  
pp. 471-489 ◽  
Author(s):  
KRISTINA RISOM JESPERSEN

The promise of customers as an external resource for new-product development (NPD) has been recognized in theory and practice for a long time. Technological progress has increased the interaction between companies and users. Yet the involvement of users in NPD depends on the ability of decision-makers to act as boundary spanners. There is a cognitive distance between NPD decision-makers and users. The larger this distance is, the more novel information is contained in user inputs. True open innovation requires that these cognitive distant inputs are treated in NPD. We find that decision-maker openness is significant for NPD openness to be true. Successful collaboration in form of innovations builds on involvement of launching and lead users in NPD. Our analyses show that decision-maker openness facilitates the involvement process. Further, low decision-maker openness traps the implementation of open innovation.


2015 ◽  
Vol 19 (06) ◽  
pp. 1540013 ◽  
Author(s):  
ALLEN T. ALEXANDER ◽  
KRISTEL MILLER ◽  
SEAN FIELDING

The emergence of open innovation theory and practice, alongside the evolution to a quadruple helix system of innovation, has led to a need for universities to rethink their models of engagement with industry and wider society. One important element in this system is the entrepreneurial academics; however, there is a lack of research considering the motivations of entrepreneurial academics, who differ from academic entrepreneurs, to engage in knowledge transfer in line with open innovation policy. This research offers practical insights on whether new models of engagement, increasingly offered by universities, really address the policy drivers for open innovation. Furthermore, this research explores whether these activities might motivate entrepreneurial academics to participate. Preliminary findings identify that many supposedly new collaboration activities do not really motivate entrepreneurial academics. This may have important implications on the ability of universities to become truly open and to encourage their academics to become engaged in collaboration and impact.


2019 ◽  
Vol 82 (1) ◽  
pp. 53-69
Author(s):  
Giedrė Kvedaravičienė

AbstractThe paper overviews different perspectives of innovations in the economy. Taking empirical data of the biomedicine sector, the EU policy insights on innovation, as well as Lithuania’s data of the public healthcare sector, the paper provides insights aiming to define the specificity of innovations in the biomedicine sector and to suggest further research directions which could contribute economic theory and practice.


Author(s):  
Bryan Christiansen ◽  
Mahmoud Ahmed Gad

This chapter explores the connection between cultural indoctrination (CI) and open innovation in human creativity and its importance in an era of global hypercompetition. As organizations are confronted with the need to engage with stakeholders from a variety of different cultural backgrounds, the need to understand the ways in which cultural imperatives play into individual and collective performances becomes increasingly important. Based on an integrated literature review, this chapter examines the following eight factors included in CI: child development, cultural institutionalization, cultural intelligence, language structure and acquisition, social learning theory, religion, social capital, and values orientation theory (VOT). It is from these factors that a conceptual framework is developed for future application in theory and practice in open innovation.


2014 ◽  
Vol 18 (05) ◽  
pp. 1450035 ◽  
Author(s):  
CHRISTOPHER WILLIAMS ◽  
JAAP VOSSEN

We investigate the relationship between openness and value appropriation in the open innovation strategies of multinational corporations (MNCs). Previous research has suggested an inverted U-shaped relationship between external knowledge sourcing and innovative performance of firms engaged in open innovation (Laursen and Salter, 2006). Little research, however, has been conducted on the specific relationship between openness and value appropriation in the context of open innovation involving MNCs. To address this, we conduct a sequential mixed-methods study involving: (1) interviews with 31 elite key informants in large, well-known MNCs, and (2) a survey questionnaire of innovation managers in 75 MNCs. We find strong support for an inverted U-shaped relationship between openness and value appropriation in MNCs engaging in open innovation. Our interview data provides rich and substantive insight into this relationship. We discuss implications for theory and practice.


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