An empirical investigation on the relationship between open innovation and innovation performance

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Author :
Publisher : Cuvillier Verlag
ISBN 13 : 3736942222
Total Pages : 110 pages
Book Rating : 4.7/5 (369 download)

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Book Synopsis An empirical investigation on the relationship between open innovation and innovation performance by :

Download or read book An empirical investigation on the relationship between open innovation and innovation performance written by and published by Cuvillier Verlag. This book was released on 2012-09-17 with total page 110 pages. Available in PDF, EPUB and Kindle. Book excerpt: Open innovation as a multilateral form of cooperation has become a growing trend across industries, as companies are increasingly searching for new innovation opportunities in their external environment. The aim of this thesis was to analyze whether companies that emphasize open innovation can positively influence their innovation performance and which open innovation activities contribute the most. The study distinguished between the core processes of open innovation. R&D cooperation with different stakeholders was analyzed by regarding the outside-in process, and additional commercialization channels for internal knowledge were analyzed by examining the inside-out process. The study included firms’ internal perspective, which encompasses internal teamwork and the corporate innovation culture. Web 2.0 and social networking technologies were also considered, as their use has steadily increased in recent years.

Innovation Strategy and Firm Performance

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Publisher : Springer Science & Business Media
ISBN 13 : 3834994812
Total Pages : 242 pages
Book Rating : 4.8/5 (349 download)

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Book Synopsis Innovation Strategy and Firm Performance by : Nanja Strecker

Download or read book Innovation Strategy and Firm Performance written by Nanja Strecker and published by Springer Science & Business Media. This book was released on 2009-08-04 with total page 242 pages. Available in PDF, EPUB and Kindle. Book excerpt: Nanja Strecker answers the question to what extend there is a relation between innovation strategy and a firm performance. The comprehensive empirical research consists of primary research complemented with secondary data and capital market data, making the outcome highly reliable.

Managing Open Innovation

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Publisher : Edward Elgar Publishing
ISBN 13 : 1781953597
Total Pages : 350 pages
Book Rating : 4.7/5 (819 download)

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Book Synopsis Managing Open Innovation by : André Spithoven

Download or read book Managing Open Innovation written by André Spithoven and published by Edward Elgar Publishing. This book was released on 2012-01-01 with total page 350 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'Research on open innovation has been developed exponentially in the last five years, but strong empirical evidence on several research questions is still lacking. The authors offer via detailed large scale empirical research, interesting answers on how to manage open innovation and how to shape policy conditions that lead to more open innovation.' – Wim Vanhaverbeke, University of Hasselt, Belgium Open innovation is about firms' external relations with other firms and organisations. It is a topic which has attracted an immense amount of attention, but which has also been heavily criticised due to the diversity of the ideas and fuzziness of its key concepts. To date, the bulk of the literature on open innovation draws on case study material to illustrate the operation of firms in an anecdotal way. By contrast, this book examines open innovation practices by using large-scale datasets and stresses their impact on firm performance. The authors examine four key issues: differences between firms in open innovation practices, public funding to enhance external relations, R&D outsourcing of firms, and the role of human resources in R&D and innovation. The conceptual and measurement issues attached to open innovation explored in this timely book will prove essential to academics. Practitioners from large firms who are closely engaged in the practical organisation of open innovation will benefit from the authors' insights on outsourcing R&D and the need for the right kinds of human resources.

Open Innovation

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Publisher : Harvard Business Press
ISBN 13 : 9781422102831
Total Pages : 280 pages
Book Rating : 4.1/5 (28 download)

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Book Synopsis Open Innovation by : Henry William Chesbrough

Download or read book Open Innovation written by Henry William Chesbrough and published by Harvard Business Press. This book was released on 2006 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Based on the author's extensive field research, academic study, and professional experience, Open Innovation calls for revolutionary organizing principles for managing research and innovation. Through descriptions of the innovation processes of Xerox, IBM, Proctor & Gamble, and other firms, Henry Chesbrough shows you the principles of open innovation in practice."--BOOK JACKET.

Open Innovation

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Publisher : World Scientific
ISBN 13 : 9814719188
Total Pages : 708 pages
Book Rating : 4.8/5 (147 download)

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Book Synopsis Open Innovation by : Anne-Laure Mention

Download or read book Open Innovation written by Anne-Laure Mention and published by World Scientific. This book was released on 2016 with total page 708 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Open Innovation: A Multifaceted Perspective unveils research on open innovation from multidisciplinary perspectives and with practical insights from leaders and policy-makers. The first section addresses the links between open innovation and various disciplines, methods, concepts and policy instruments. The second section reviews selectively the literature, focusing essentially on open service innovation and innovation in financial services industries. It also explores different forms and types of practices reflecting the adoption and implementation of open innovation. The third section focuses on the management of open innovation, paying specific attention to the individual, intra- and inter-organizational levels."--Provided by publisher.

Open Innovation Research, Management and Practice

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Publisher : World Scientific
ISBN 13 : 1783262826
Total Pages : 456 pages
Book Rating : 4.7/5 (832 download)

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Book Synopsis Open Innovation Research, Management and Practice by : Joe Tidd

Download or read book Open Innovation Research, Management and Practice written by Joe Tidd and published by World Scientific. This book was released on 2013-10-24 with total page 456 pages. Available in PDF, EPUB and Kindle. Book excerpt: The concept of open innovation has become increasingly popular in the management and policy literature on technology and innovation. However, despite the large volume of empirical work, many of the prescriptions being proposed are fairly general and not specific to particular contexts and contingencies. The proponents of open innovation are universally positive but research suggests that the specific mechanisms and outcomes of open innovation models are very sensitive to context and contingency. This is not surprising because the open or closed nature of innovation is historically contingent and does not entail a simple shift from closed to open as often suggested in the literature. Research has shown that patterns of innovation differ fundamentally by sector, firm and strategy. Therefore, there is a need to examine the mechanisms that help to generate successful open innovation. In this book, the authors contribute to a shift in the debate from potentially misleading general prescriptions, and provide conceptual and empirical insights into the precise mechanisms and potential limitations of open innovation research and management practice. Contents:Introduction: Why We Need a Tighter Theory and More Critical Research on Open Innovation (Joe Tidd)Taxonomies and Modes:Different Modes of Open Innovation: A Theoretical Framework and an Empirical Study (Valentina Lazzarotti and Raffaella Manzini)Advancing a Typology of Open Innovation (S C Ellis, Peter T Gianiodis and E Secchi)How to Balance Open and Closed Innovation: Strategy and Culture as Influencing Factors (Ellen Enkel and Karoline Bader)Context and Contingencies:The Role of Open Innovation in Dynamic Environments (Fiona Schweitzer, Kurt Gaubinger and Oliver Gassmann)A Conceptual Model of Open Innovation for New Product Development Projects: Towards a Contingency Theory (Hanna Bahemia and Brian Squire)Open Service Innovation: The Influence of Project Novelty (Joe Tidd and Kuo-Nan Hsieh)Exploring the Use of Open Innovation in Processes, Products and Services (Amy Huang and John Rice)Managing Open Innovation in Multinational Enterprises: Combining Open Innovation and R&D Globalization Literature (Wim Vanhaverbeke, Jingshu Du and Maximilian von Zedtwitz)Sector and Industry Studies:Measuring the Impact of Inbound Open Innovation Practices on Performance in Services (Anne-Laure Mention and Anna-Leena Asikainen)Generativity and Innovation in Smartphone Ecosystems (Björn Remneland-Wikhamn, Jan Ljungberg, Magnus Bergquist and Jonas Kuschel)Toward a Dynamic Perspective on Open Innovation: A Longitudinal Assessment of the Adoption of Internal and External Innovation Strategies in the Netherlands (Tom Poot, Dries Faems and Wim Vanhaverbeke)Investigating Inter-Industry Differences in the Implementation of Open Innovation (Tommaso Buganza, Davide Chiaroni, Gabriele Colombo and Federico Frattini)Limitations and Constraints of Open Innovation:Open Innovation: Old Ideas in a Fancy Tuxedo Remedy a False Dichotomy (Paul Trott and Dap Hartmann)Not for Everybody: Why Some Organisations Benefit More from Open Innovation than Others (Torsten Oliver Salge, Thomas Marc Bohné, Tomas Farchi and Erk Peter Piening)Positive and Negative Dynamics of Open Innovation (Michael M Hopkins, Joe Tidd and Paul Nightingale) Readership: Graduate students, researchers and practitioners in the field of open innovation and management. Key Features:This book challenges the claims that open innovation represents a universal good practiceThis book provides vital insights into the mechanics of open innovation and its potential limitationsKeywords:Innovation;Open Innovation;Technology Management;Product DevelopmentReviews: "In sum, this interesting book illustrates that the simple dichotomy between open and closed approaches for innovation is not realistic, and that there are pitfalls to open innovation. This book can certainly be useful to managers trying to keep up with the fast changing environment and with the current challenges of innovation, but is more useful to academic scholars." Paulo Figueiredo

Open Innovation And Knowledge Management In Small And Medium Enterprises

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Publisher : World Scientific
ISBN 13 : 9813233605
Total Pages : 244 pages
Book Rating : 4.8/5 (132 download)

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Book Synopsis Open Innovation And Knowledge Management In Small And Medium Enterprises by : Durst Susanne

Download or read book Open Innovation And Knowledge Management In Small And Medium Enterprises written by Durst Susanne and published by World Scientific. This book was released on 2018-01-29 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Benchmark Priors Revisited:on Adaptive Shrinkage and the Supermodel Effect in Bayesian Model Averaging

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Publisher : International Monetary Fund
ISBN 13 : 1451917716
Total Pages : 42 pages
Book Rating : 4.4/5 (519 download)

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Book Synopsis Benchmark Priors Revisited:on Adaptive Shrinkage and the Supermodel Effect in Bayesian Model Averaging by : Martin Feldkircher

Download or read book Benchmark Priors Revisited:on Adaptive Shrinkage and the Supermodel Effect in Bayesian Model Averaging written by Martin Feldkircher and published by International Monetary Fund. This book was released on 2009-09-01 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: Default prior choices fixing Zellner''s g are predominant in the Bayesian Model Averaging literature, but tend to concentrate posterior mass on a tiny set of models. The paper demonstrates this supermodel effect and proposes to address it by a hyper-g prior, whose data-dependent shrinkage adapts posterior model distributions to data quality. Analytically, existing work on the hyper-g-prior is complemented by posterior expressions essential to fully Bayesian analysis and to sound numerical implementation. A simulation experiment illustrates the implications for posterior inference. Furthermore, an application to determinants of economic growth identifies several covariates whose robustness differs considerably from previous results.

Open Innovation and Business Success

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Publisher : Diplomica Verlag
ISBN 13 : 3836686163
Total Pages : 124 pages
Book Rating : 4.8/5 (366 download)

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Book Synopsis Open Innovation and Business Success by : Monika Gawarzynska

Download or read book Open Innovation and Business Success written by Monika Gawarzynska and published by Diplomica Verlag. This book was released on 2010-02 with total page 124 pages. Available in PDF, EPUB and Kindle. Book excerpt: Innovation is a crucial topic in the study of economics, business, technology, sociology, and engineering. The questions asked in research nowadays focus not on it why innovation is important, but how to innovate and how innovation processes can be managed. Furthermore the discussion on innovation is about how to maintain strong economic growth in an era that is increasingly being defined by the globalisation of competition, major financial and demographic challenges. Recently the economy continues to upset the market and recession tempts to cut back on the investments in research and development in the organizations. But even now in spite of crisis and its impacts on the economy seems to be the perfect time to increase firms' innovation efforts. The increasing competition processes and the development of Web 2.0 technologies (soon Web 3.0) are challenging the business to build more interactive relationship between the real-time market participants. The companies must nowadays find out how to achieve a competitive advantage for future. This paper presents the concept of Open Innovation, which can help public and private institutions achieve better performance or business success and at last win the competition with market rivals.

Open Innovation Results

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Publisher : Oxford University Press
ISBN 13 : 0192579053
Total Pages : 192 pages
Book Rating : 4.1/5 (925 download)

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Book Synopsis Open Innovation Results by : Henry Chesbrough

Download or read book Open Innovation Results written by Henry Chesbrough and published by Oxford University Press. This book was released on 2019-11-28 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: We live in an age of exponential technology, but this is not so new. Indeed, technological innovation has been promoted so assiduously for so long that there is now a discernible pattern to its emergence known as the Gartner Hype Cycle. Open innovation is no exception. In this book Henry Chesbrough, the originator of open innovation, examines the hype behind its practice, shows where real results are taking place, and explains how companies can move beyond the hype to achieve real business results. The book begins with an exponential paradox; new technologies are emerging at an accelerating rate, yet we continue to see stagnant wages and lagging production. These realities are hard to reconcile with the promise of exponential technologies. A closer look suggests that exponential advocates are paying too little attention to the broad dissemination and absorption of a new technology before it delivers real profit and social benefit. To get valuable results from innovation, businesses must open up their innovation processes and finish more of what they start. They need to open their knowledge flows to generate new growth, and unused internal knowledge must flow openly to others to generate new revenue and future business opportunities. Many of the best known aspects of open innovation such as crowdsourcing, open source software, or innovation intermediaries are often not well connected to the rest of the organization. Using numerous real-world examples of these methods in practice, Chesbrough illustrates how they can, and must, be used in connection to the organization as a whole in order to have real long-term value. Open Innovation Results offers a clear-eyed view of the challenges and realities that limit the ability of organizations to create and profit from innovation. Whether in the largest companies or in a small business, an advanced economy or a rural village, this book charts a course to enhance organizational growth and performance.

The Influence of Internal Barriers on Open Innovation

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Publisher : Routledge
ISBN 13 : 1000357139
Total Pages : 118 pages
Book Rating : 4.0/5 (3 download)

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Book Synopsis The Influence of Internal Barriers on Open Innovation by : Pedro de Faria

Download or read book The Influence of Internal Barriers on Open Innovation written by Pedro de Faria and published by Routledge. This book was released on 2021-03-22 with total page 118 pages. Available in PDF, EPUB and Kindle. Book excerpt: Despite providing us with a good understanding of how firms use certain mechanisms to benefit from open innovation strategies, current research provides only limited insights into how barriers internal to the firm may hamper knowledge transfer and limit effective utilization of external knowledge sources. The Influence of Internal Barriers on Open Innovation proposes a dynamic perspective that addresses this gap and aims at stimulating this discussion in two ways. First, by looking at how the way firms structure their internal (innovation) activities may (unintentionally) create barriers to the incorporation of external knowledge. Second, by reflecting on how internal barriers might be coupled to firm decisions aimed at the optimization of innovation processes, like the balance between exploration and exploitation strategies. The chapters of this book provide detailed conceptualization and investigation of organizational characteristics and practices that influence internal barriers to open innovation. The diverse set of studies described in the chapters of this book will help open innovation scholars to better understand the challenges that firms face when dealing with internal barriers that affect their external knowledge search and knowledge sourcing. The chapters in this book were originally published as a special issue of the journal Industry and Innovation.

Perspectives on Supplier Innovation

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Publisher : World Scientific
ISBN 13 : 1848168993
Total Pages : 713 pages
Book Rating : 4.8/5 (481 download)

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Book Synopsis Perspectives on Supplier Innovation by : Alexander Brem

Download or read book Perspectives on Supplier Innovation written by Alexander Brem and published by World Scientific. This book was released on 2012 with total page 713 pages. Available in PDF, EPUB and Kindle. Book excerpt: Hardly anybody outside a company knows its products and processes better than its suppliers. Research confirms that intensive integration of suppliers in the value creation process positively influences the success of the company, particularly in highly competitive industries. This is a result of the progressing reduction in the depth of value creation of manufacturers and the increasing transfer of know-how towards suppliers. In multilevel business-to-business relationships, suppliers often have the best or the only access and comprehensive knowledge about the end users. Therefore, suppliers determine the scope of possible innovations, which most companies do not actively use. This unique volume provides a comprehensive overview of theories, concepts and especially empirical results on open innovation and the integration of suppliers. For this, authors from all over the world present their latest research results offering fascinating insights into collaborative approaches with suppliers.

The nexus between innovation and environmental sustainability

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Publisher : Frontiers Media SA
ISBN 13 : 2832521320
Total Pages : 174 pages
Book Rating : 4.8/5 (325 download)

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Book Synopsis The nexus between innovation and environmental sustainability by : Shaojian Wang

Download or read book The nexus between innovation and environmental sustainability written by Shaojian Wang and published by Frontiers Media SA. This book was released on 2023-04-28 with total page 174 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Profiting from external knowledge

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Publisher : BRILL
ISBN 13 : 9086866557
Total Pages : 189 pages
Book Rating : 4.0/5 (868 download)

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Book Synopsis Profiting from external knowledge by : Maarten Batterink

Download or read book Profiting from external knowledge written by Maarten Batterink and published by BRILL. This book was released on 2023-08-28 with total page 189 pages. Available in PDF, EPUB and Kindle. Book excerpt: Innovation managers and innovation scholars increasingly emphasize the open innovation model, introduced by Henry Chesbrough in 2003. This model postulates that the innovation process should be flexible and cross organizational boundaries, which enables the transfer of knowledge and capabilities between organizations. However, until now, it remained unclear which types of firms apply open innovation, whether it realy raises their performance, and how this can be managed in the best way. This book addresses the important issue how innovative firms profit from external knowledge to improve their innovation performance. Using large scale empirical evidence from the Dutch industry, this book shows that especially Small and Medium sized Enterprises (SMEs) and firms from low-tech sectors have increasingly adopted open innovation strategies over the period 1994-2004, and are clearly catching up large and high-tech firms. The results indicate that firms pursuing an open innovation strategy perform better with regard to innovation than firms that innovate exclusively in-house. In contrast to the common opinion that large Mergers & Acquisitions (M&As) are bad for innovation, it turns out that M&As have a positive impact on long-term innovation performance. In times of economic cricis this can be an extra argument for governments to back large scale M&As. Large (medium) high-tech M&As in the life sciences industry were analysed in-depth, to investigate the dynamics of post M&A integration. This book shows the different types of innovation synergies that can be expected from M&As and how they can be realized by systematic post M&A integration. Finally, this book studies how innovation brokers fulfill essential roles in innovation networks of SMEs in the agri-food sector. It provides guidelines for managers in innovation networks to improve the performance of these networks.

Unraveling the Role of Psychological Capital on Innovation from the Knowledge Management Perspective

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Publisher : Frontiers Media SA
ISBN 13 : 2832541216
Total Pages : 221 pages
Book Rating : 4.8/5 (325 download)

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Book Synopsis Unraveling the Role of Psychological Capital on Innovation from the Knowledge Management Perspective by : Yunlong Duan

Download or read book Unraveling the Role of Psychological Capital on Innovation from the Knowledge Management Perspective written by Yunlong Duan and published by Frontiers Media SA. This book was released on 2023-12-20 with total page 221 pages. Available in PDF, EPUB and Kindle. Book excerpt:

SMEs and Open Innovation: Global Cases and Initiatives

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Publisher : IGI Global
ISBN 13 : 1613505205
Total Pages : 356 pages
Book Rating : 4.6/5 (135 download)

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Book Synopsis SMEs and Open Innovation: Global Cases and Initiatives by : Rahman, Hakikur

Download or read book SMEs and Open Innovation: Global Cases and Initiatives written by Rahman, Hakikur and published by IGI Global. This book was released on 2011-12-31 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt: Open innovation has been widely implemented in small and medium enterprises (SMEs) with the aim of influencing business promotion, value gain, and economic empowerment. However, little is known about the processes used to implement open innovation in SMEs and the associated challenges and benefits. SMEs and Open Innovation: Global Cases and Initiatives unites knowledge on how SMEs can apply open innovation strategies to development by incorporating academic, entrepreneurial, institutional, research, and empirical cases. This book discusses diverse policy, economic, and cultural issues, including numerous opportunities and challenges surrounding open innovation strategies; studies relevant risks and risk management; analyzes SMEs evolution pattern on adopting open innovation strategies through available measurable criteria; and assists practitioners in designing action plans to empower SMEs.

Managing Open Service Innovation

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Publisher : World Scientific
ISBN 13 : 9811234507
Total Pages : 250 pages
Book Rating : 4.8/5 (112 download)

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Book Synopsis Managing Open Service Innovation by : Anne-laure Mention

Download or read book Managing Open Service Innovation written by Anne-laure Mention and published by World Scientific. This book was released on 2021-04-22 with total page 250 pages. Available in PDF, EPUB and Kindle. Book excerpt: For the last fifteen years, open innovation has been one of the hottest topics in innovation management research. Digitalisation of the open innovation process has also emerged as a concept of high organisational value. The potential benefits of this concept and how firms organise, or should organise, in order to realize these benefits have been addressed in numerous empirical studies published in scientific journals as well as books. Responding to the need for further conceptual and empirical research on open innovation in services, this book reveals if and how service providers in different service sub-sectors have implemented the concept of open innovation. Based on rich empirical data, the book discusses the benefits and drawbacks, the processes, the characteristics and the management practices of open innovation in private as well as public service organizations.Through a series of empirical case studies focusing on the open innovation practices of different public and private service organizations, this book contributes to deepening our understanding of how the concept of open innovation has been implemented in services, and what challenges, achievements and benefits that are associated with the implementation of open innovation concepts in this sector. These insights it provides can assist managers of both private and public service providers to confidently implement open innovation in an efficient manner in their organizations.