Value capture in open innovation systems: a longitudinal analysis of radical circles

2019 ◽  
Vol 2019 (1) ◽  
pp. 12830
Author(s):  
Claudio Dell'Era ◽  
Giulio Ferrigno ◽  
Federico Frattini ◽  
Roberto Verganti ◽  
Paolo Landoni
Keyword(s):  
Longitudinal Analysis ◽  
Open Innovation ◽  
Innovation Systems ◽  
Value Capture

scholarly journals MEGATRENDS OF DEVELOPMENT OF GLOBAL INNOVATION NETWORKS

2018 ◽  
pp. 93-106 ◽  
Author(s):  
N. Rylach
Keyword(s):  
Open Innovation ◽  
World Economy ◽  
Large Scale ◽  
Innovation System ◽  
Innovation Systems ◽  
Innovation Activity ◽  
Modern World ◽  
Innovation Networks ◽  
National Innovation Systems ◽  
Global Innovation

Under the megatrend, we mean large-scale technological, economic, social, political changes that occur slowly, but in the long run, when they are rooted, they substantially and permanently affect most of the processes in society. Such relative stability in the trajectory of the main forces of change can predict some elements of medium and long-term future changes. The article investigates such megatrends of the development of global innovation networks as the structural nature of the global innovation system, the development of systemic interconnections in the field of innovation, the interaction of national innovation systems and global, the internationalization of innovation activity, and the paradigm of "open innovation". The methodological principles and structural elements of the concept of the national innovation system are determined in the paper, the connection of national innovation systems with the phenomenon of internationalization of the innovation sphere is explored. The theoretical principles of the phenomenon of internationalization of innovation activity are investigated, as well as the preconditions for the emergence of the concept of "open innovation" and its current trends have been established. The concept of open innovation is an important precondition for the emergence and functioning of global innovation networks. The paper analyzes the genesis and specificity of the phenomenon of global innovation networks, outlines their structure and dynamics. It has been determined that global innovation networks play an important role in the development of the modern world economy, as they stimulate international cooperation in the innovation sphere, transfer of knowledge to the world economy and general scientific and technological development and growth of world production.

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

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.

scholarly journals Evaluation of M-Payment Technology and Sectoral System Innovation—A Comparative Study of UK and Indian Models

Electronics ◽  
2019 ◽  
Vol 8 (11) ◽  
pp. 1282 ◽  
Author(s):  
Heather Webb ◽  
Shubo Liu ◽  
Min-Ren Yan
Keyword(s):  
Social Networks ◽  
Comparative Study ◽  
Open Innovation ◽  
Business Models ◽  
Innovation Systems ◽  
Service Systems ◽  
System Innovation ◽  
Mobile Payments ◽  
Innovation Model ◽  
The Uk

The paper constructs a sectoral system of innovation model specifically for the mobile payments (m-payments) sector. Both the UK and Indian sectoral system of innovation were studied in regards of the actors involved in providing the m-payment service with an emphasis on emergent business models. We integrated open innovation and Ogle’s ideas into our model and demonstrated the importance of active agency in shaping innovation systems, for example in leveraging existing social networks. The research draws upon original interviews with companies and regulators in both India and the UK. Our overall conclusion is that the m-payments sectoral system of innovation in India is more customer-oriented and far-reaching as compared to the practices in UK. It concludes that no matter the context, the importance of integrating firms’ activity into integrated service systems in demand-driven innovation is key for success.

Open Innovation in Regional Innovation Systems: Assessment of Critical Success Factors for Implementation in SMEs

2019 ◽  
Vol 10 (4) ◽  
pp. 1597-1619 ◽  
Author(s):  
Lindomar Subtil de Oliveira ◽  
Márcia E. Soares Echeveste ◽  
Marcelo Nogueira Cortimiglia ◽  
Aline C. Gularte
Keyword(s):  
Open Innovation ◽  
Critical Success Factors ◽  
Success Factors ◽  
Innovation Systems ◽  
Regional Innovation Systems ◽  
Regional Innovation ◽  
Critical Success

Sharing the Pie in Open Innovation: Value capture in crowdsourcing from the solver perspective

2018 ◽  
Vol 2018 (1) ◽  
pp. 18275
Author(s):  
Kathleen Diener ◽  
Dirk Luettgens ◽  
Frank T. Piller ◽  
Patrick Pollok ◽  
Deborah Roberts
Keyword(s):  
Open Innovation ◽  
Value Capture

The Need for a New Narrative on Value Capture in Open Innovation Environments

2020 ◽  
Vol 2020 (1) ◽  
pp. 19245
Author(s):  
Frank T. Piller ◽  
Deborah Roberts ◽  
Simona Spedale ◽  
Henry Chesbrough ◽  
Ann Majchrzak ◽  
...  
Keyword(s):  
Open Innovation ◽  
Value Capture
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