DESIGNING LIGHTWEIGHT OPEN INNOVATION: A CONCEPTUALISATION OF HOW LARGE FIRMS ENGAGE WITH SMALL ENTREPRENEURIAL FIRMS

International Journal of Innovation Management ◽

10.1142/s1363919621501036 ◽

2021 ◽

Author(s):

BJÖRN REMNELAND WIKHAMN

Keyword(s):

Open Innovation ◽

Entrepreneurial Firms ◽

Positive Outcomes ◽

Value Capture ◽

Design Elements ◽

A Value ◽

Value Propositions ◽

Equity Ownership ◽

Alignment Model ◽

Important Design

There is increasing scholarly interest in how large corporations engage in open innovation with small entrepreneurial firms, with synergies potentially producing positive outcomes for both the involved parties and the surrounding ecosystem. “Lightweight models” of open innovation (LOIs) have recently been introduced, governed by trust and relationships rather than by equity ownership and transactional control. This paper introduces a design framework and an alignment model for LOIs, based on 19 inductively generated and highly interrelated design elements associated with five design themes. The study uses empirical data from 18 LOI initiatives in Sweden, and the framework explains important differences in their motives, value propositions, innovation localizations, involved participants, and forms of interactions. Applying a value perspective to open innovation highlights two different value logics, suggesting that LOI initiatives can approach value by emphasizing either value creation or value capture. These logics may greatly influence other important design elements of LOIs.

Download Full-text

Reshaping Higher Educational Institutions through Frugal Open Innovation

Journal of Open Innovation Technology Market and Complexity ◽

10.3390/joitmc7020145 ◽

2021 ◽

Vol 7 (2) ◽

pp. 145

Author(s):

Jayamalathi Jayabalan ◽

Magiswary Dorasamy ◽

Murali Raman

Keyword(s):

Intellectual Capital ◽

Financial Distress ◽

Open Innovation ◽

Intangible Assets ◽

Private Universities ◽

Educational Institutions ◽

Current Debate ◽

Higher Educational Institutions ◽

Value Propositions ◽

Higher Educational

Many private higher educational institutions (PHEI) are facing poor profitability, increased short term debts with under-resourced cash flow and insufficient funds that could lead to financial distress. To address the issues of ever-changing business environments and to deliver value propositions, PHEIs should focus on their intangible assets to increase their capabilities to achieve frugal open innovation. The objective of this paper is to investigate the challenges faced by private universities from the practitioners’ points of view and offer a practical solution. This paper also attempts to identify whether there is a need for any changes in business model or operations required by private universities to sustain their competitive advantage in the current environment. This study is exploratory in nature due to scarcity of past literature on frugal open innovation in PHEI context. Interviews were conducted with experienced practitioners to elicit their experience managing challenges in PHEI. As a result, this paper sheds light on the ability of PHEIs to formalize, capture, and leverage its intangible assets rather than only investing and managing tangible assets in order to achieve frugal open innovation. Frugal open innovation is the enabler for PHEI to focus on core functions, create closer integration with industry, local and international communities and promote greater efficiency in operations. This paper is novel because it seeks to contribute to the current debate in the literature, positioning frugal open innovation (FOI) within the sphere of intellectual capital research, through exploring the effect of intellectual capital on frugal innovation is mediated through the information technology capability. The result indicates that sales and operating planning (S&OP) can be panacea for the five main challenges faced by PHEI includes structural challenges, operational challenges, financial challenges, social challenges and technological challenges. We conclude that there is a role for intellectual capital to achieve FOI by influencing IT capabilities, thus warrants more research to fill this research gap.

Download Full-text

Identifikation und Auswahl von Business Ecosystems*/Identification and selection of business ecosystems. Procedure and strategic and operative integration in industrial companies

wt Werkstattstechnik online ◽

10.37544/1436-4980-2019-04-92 ◽

2019 ◽

Vol 109 (04) ◽

pp. 294-301

Author(s):

R. E. Geitner ◽

T. Bauernhansl

Keyword(s):

Value Proposition ◽

Business Ecosystem ◽

Industrial Companies ◽

A Value ◽

Basic Procedure ◽

Business Ecosystems ◽

Value Propositions ◽

Operational Integration ◽

A Company ◽

Selection Of

Die fortschreitende Digitalisierung führt zu neuen und konvergierenden Produkt- und Dienstleistungen und effizienteren Prozessen. In Verbindung mit einem Wandel der Bedürfnisse führt sie darüber hinaus auch zu einem veränderten Nutzerverhalten und Nutzenverständnis der Kunden. Zur flexiblen und schnellen Umsetzung von passgenau individualisierten, oft branchenübergreifenden Wertangeboten und der Absicherung des Kundenzugangs wird es zukünftig wettbewerbsentscheidend sein, sich im richtigen Business Ecosystem – also der Gruppe von Akteuren die interagieren müssen, um ein entsprechendes Wertangebot zu realisieren und den entsprechenden Kundenzugang haben – zu bewegen und dieses mitzugestalten. Der Beitrag beschreibt das grundsätzliche Vorgehen zur Identifizierung und Auswahl relevanter Business Ecosystems sowie deren strategische und operative Einbindung in ein Unternehmen.   The ongoing digitization leads to new and converging product benefits and more efficient processes. In connection with a change in needs it also leads to a change in user behaviour and understanding of the benefits for customers. For the flexible and fast implementation of customized, individualized, often cross-industry value propositions and the safeguarding of access to customers, it will be crucial in the future to act and help to shape the relevant business ecosystems (group of actors that need to interact in order to realize a value proposition or to have access to customers). The article describes the basic procedure for identifying and selecting relevant business ecosystems and their strategic and operational integration into a company.

Download Full-text

Grandma in the greenbelt : how the natural disposal of our dead could save Ontario's green space

10.32920/ryerson.14658126 ◽

2021 ◽

Author(s):

Courtney Elizabeth Heron-Monk

Keyword(s):

Land Use ◽

Land Use Planning ◽

Green Space ◽

Value Added ◽

Sustainable Land Use ◽

Land Resource ◽

Positive Outcomes ◽

Environmental Challenges ◽

A Value ◽

Burial Grounds

Cemetery grounds and sustainable land use practice are rarely used in conjunction however natural burial grounds present opportunities to leverage the land use and environmental challenges associated with conventional cemeteries for the benefit of people and the environment. This paper explores land use planning challenges facing Ontario in planning for the disposal of our dead and the emergence of natural burial grounds as a sustainable alternative to conventional burial. This paper also explores how planning challenges related to planning for the disposal of our dead could be leveraged to produce positive outcomes; in particular the strengthening of Ontario's Greenbelt as a living landscape. This paper argues the Natural burial has potential to be a value added land resource and can mitigate a series of burial related land use challenges currently present in Ontario.

Download Full-text

Open Innovation—An Explorative Study on Value Co-Creation Tools for Nation Branding and Building a Competitive Identity

Journal of Open Innovation Technology Market and Complexity ◽

10.3390/joitmc7040206 ◽

2021 ◽

Vol 7 (4) ◽

pp. 206

Author(s):

Daniel Marco Stefan Kleber ◽

Katariina Juusola

Keyword(s):

Open Innovation ◽

Nation Branding ◽

Scientific Models ◽

Recent Past ◽

Multiple Stakeholders ◽

Explorative Study ◽

Value Propositions ◽

Conceptual Study ◽

Nation Brands

Nation branding has gained increasing popularity among marketeers, academics, and practitioners during recent decades. However, awareness among multidisciplinary researchers has been raised in the recent past. The purposes of this conceptual study were to address the lack of research on the process of building a competitive identity for nation brands and to suggest the use of open innovation-based approaches, such as value co-creation, as new potential tools for such purposes. This study identifies, discusses, and evaluates two scientific models, the PERFA Framework and the Four Actions Framework, which were originally developed to increase value propositions in organizations, and applies them as suitable tools for nation branding in building a competitive identity. The authors argue that applying open innovation-based value co-creation frameworks will create a solid basis for competitive nation branding, as the method engages multiple stakeholders.

Download Full-text

Humidity Control Simulation for Electronics Packaging

2003 International Electronic Packaging Technical Conference and Exhibition, Volume 2 ◽

10.1115/ipack2003-35057 ◽

2003 ◽

Author(s):

David G. Myers

Keyword(s):

Environmental Control ◽

Ideal Gas ◽

Lessons Learned ◽

Design Decisions ◽

Design Elements ◽

Diurnal Cycles ◽

Hygroscopic Properties ◽

Important Design ◽

Harmful Effects ◽

Physical Principles

An important aspect of environmental control is the protection of equipment from the harmful effects of humidity. It is often desirable to desiccate a sealed volume in order that it satisfy a dryness requirement over the duration of its service life. Desiccant sizing, along with proper sealing, become important design elements in ensuring that such a requirement is achieved. To this end, Raytheon has developed a simulation tool to analyze and predict the humidity within sealed volumes. The pertinent physical principles that are modeled are permeation of water vapor by diffusion, pneumatic leakage, the hygroscopic properties of sealed materials, desiccant characteristics, and the kinetic model of ideal gas mixtures. The simulation has the capability of imposing any external environmental condition, consisting of diurnal cycles of temperature and humidity. The physical principles which underlie the simulation are described. An example of simulation results, design decisions and lessons-learned are presented.

Download Full-text

Service Open Innovation; Design Elements for the Food and Beverage Service Business

Journal of Open Innovation Technology Market and Complexity ◽

10.3390/joitmc4040053 ◽

2018 ◽

Vol 4 (4) ◽

pp. 53 ◽

Cited By ~ 7

Author(s):

Ki Nam ◽

Bo Kim ◽

Bruce Carnie

Keyword(s):

Open Innovation ◽

Structural Equation ◽

Industrial Revolution ◽

Innovation Process ◽

Equation Modeling ◽

Business Outcomes ◽

Design Elements ◽

Service Business ◽

Business Goals ◽

Food And Beverage

Despite the well-recognised contribution of design to business, practitioners still find it challenging to manage design assets. Given that one cannot manage a business without measuring these assets, researchers and practitioners deem that the lack of a practical measuring tool for design is the cause of this unfavorable situation. Hence, establishing relevant criteria for measuring design effectiveness is essential for developing the tools. However, criteria must anticipate key business outcomes in order to demonstrate effectiveness, and to propose actionable items. Whether the outcome is sales figures or customer satisfaction survey results, the criteria should clearly link with business goals. Also, the technologies in the Fourth Industrial Revolution facilitate the quantification of customer behaviour related to business performance, such as lingering time on the website for shopping. In this context, statistical understanding of design elements is critical for determining appropriate strategies in the era of digitalised data. By utilising a Service Blueprint, this study also proposes a novel approach to tackle current challenges regarding the open innovation process. Since appropriately-developed design elements are the prerequisite of successful measurement, this study extracts the elements through in-depth interviews, and examines them quantitatively with existing business theory. As a result, design elements for the food and beverage service business are confirmed by using the Structural Equation Modeling.

Download Full-text

The Value of Scientific Knowledge Dissemination for Scientists—A Value Capture Perspective

Publications ◽

10.3390/publications7030054 ◽

2019 ◽

Vol 7 (3) ◽

pp. 54 ◽

Cited By ~ 3

Author(s):

Susanne Beck ◽

Maral Mahdad ◽

Karin Beukel ◽

Marion Poetz

Keyword(s):

Scientific Knowledge ◽

Social Engagement ◽

Social Recognition ◽

Knowledge Dissemination ◽

Third Mission ◽

Value Capture ◽

Policy Makers ◽

A Value ◽

Monetary Rewards ◽

Selection Of

Scientific knowledge dissemination is necessary to collaboratively develop solutions to today’s challenges among scientific, public, and commercial actors. Building on this, recent concepts (e.g., Third Mission) discuss the role and value of different dissemination mechanisms for increasing societal impact. However, the value individual scientists receive in exchange for disseminating knowledge differs across these mechanisms, which, consequently, affects their selection. So far, value capture mechanisms have mainly been described as appropriating monetary rewards in exchange for scientists’ knowledge (e.g., patenting). However, most knowledge dissemination activities in science do not directly result in capturing monetary value (e.g., social engagement). By taking a value capture perspective, this article conceptualizes and explores how individual scientists capture value from disseminating their knowledge. Results from our qualitative study indicate that scientists’ value capture consists of a measureable objective part (e.g., career promotion) and a still unconsidered subjective part (e.g., social recognition), which is perceived as valuable due to scientists’ needs. By advancing our understanding of value capture in science, scientists’ selection of dissemination mechanisms can be incentivized to increase both the value captured by themselves and society. Hence, policy makers and university managers can contribute to overcoming institutional and ecosystem barriers and foster scientists’ engagement with society.

Download Full-text

Service Design as an Approach to Implement the Value Cocreation Perspective in New Service Development

Journal of Service Research ◽

10.1177/1094670517709356 ◽

2017 ◽

Vol 21 (1) ◽

pp. 40-58 ◽

Cited By ~ 39

Author(s):

Eun Yu ◽

Daniela Sangiorgi

Keyword(s):

Value Creation ◽

Service Innovation ◽

Service Design ◽

Service Development ◽

New Service Development ◽

Managerial Practices ◽

A Value ◽

Value Propositions ◽

Value Cocreation ◽

Multiple Case

Although new service development (NSD) studies have contributed to developing systematic approaches to service innovation, their product-oriented and provider-centric perspectives are limited in embracing a value cocreation concept. We investigate how Service Design, as a human-centered and creative approach to service innovation, can reframe NSD processes to implement value cocreation. Multiple case studies on Service Design projects indicate that design-centric approaches can contribute to the whole NSD process in a way that connects organizations’ managerial practices to value cocreation, in that (1) contextual and holistic understandings of user experiences can inform value propositions that better fit users’ value-in-use, (2) codesign with creative supporting tools can facilitate value cocreation by helping users better apply their own resources, (3) prototyping can optimize firms’ resource and process configuration to facilitate users’ engagement with the service, (4) aligning system actors to the user experience can organize and mobilize them to better support users’ value creation, and (5) user-centered approaches and methods can help organizational staff build long-term capability for supporting users’ value creation. Based on the link between Service Design, NSD, and value cocreation, we propose a conceptual NSD model, geared toward value cocreation.

Download Full-text