External Technology Commercialization In Diversified Firms In The Context Of The Open Innovation Paradigm

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External Technology Commercialization in Diversified Firms in the Context of the Open Innovation Paradigm

Author : David Heider
Publisher : GRIN Verlag
ISBN 13 : 3656157731
Total Pages : 77 pages
Book Rating : 4.6/5 (561 download)

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Book Synopsis External Technology Commercialization in Diversified Firms in the Context of the Open Innovation Paradigm by : David Heider

Download or read book External Technology Commercialization in Diversified Firms in the Context of the Open Innovation Paradigm written by David Heider and published by GRIN Verlag. This book was released on 2012-03 with total page 77 pages. Available in PDF, EPUB and Kindle. Book excerpt: Master's Thesis from the year 2011 in the subject Business economics - Business Management, Corporate Governance, grade: 1,0, Maastricht University, course: Strategy and Innovation, language: English, abstract: Changes in the competitive environment, globalization and the fast technological innovation rate of today have called for a shift in the corporate mindset of industrial firms. The traditional closed model of research and development (R&D) inside the firms' boundaries, which optimally ends with a regular commercialization of the invented product, has increasingly been challenged (Chesbrough, 2003). The emerged concept of the open innovation paradigm comprises corporate activities of either acquiring external knowledge or exploiting internal knowledge besides the traditional ways of product commercialization. The latter refers to knowledge exploitation or more specifically to external technology commercialization (ETC) (Lichtenthaler & Ernst, 2007) and represents the core field of this study. The increased interest in ETC across industries is a trend stemming from industrial and managerial practice rather than from theory (Lichtenthaler, 2010a). However, more and more contributions put their focus on the concept of external knowledge exploitation and its implications (e.g. Fosfuri, 2006; Gassmann & Enkel, 2004; Lichtenthaler, 2005, 2010b). Most of these studies either generally discuss the ETC particularities or specifically examine licensing strategies as means of ETC and their corporate impact. It has been argued that besides the purely financial aspects firms have different motives for engaging in knowledge exploitation activities, such as the access to another company's technology portfolio (Rivette & Kline, 1999), the identification of intellectual property infringements (Koruna, 2004) or the increase in speed of the R&D activities by realized learning effects (Lichtenthaler & Ernst, 2007). This case study concentrates on a firm's s

Open Innovation Research, Management and Practice

Author : Joseph Tidd
Publisher :
ISBN 13 : 9781783262809
Total Pages : 447 pages
Book Rating : 4.2/5 (628 download)

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

Download or read book Open Innovation Research, Management and Practice written by Joseph Tidd and published by . This book was released on 2013-10-24 with total page 447 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.

Open Innovation

Author : Henry William Chesbrough
Publisher : Oxford University Press, USA
ISBN 13 : 9780199226467
Total Pages : 373 pages
Book Rating : 4.2/5 (264 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 Oxford University Press, USA. This book was released on 2008-01 with total page 373 pages. Available in PDF, EPUB and Kindle. Book excerpt: Publisher description: "Counter This collection investigates the phenomenon of "Open Innovation,", in which firms draw on research and development that may lie outside their own boundaries. The book's contributors link the practice of innovation to the established body of innovation rsearch, showing what's new and what's familiar in the process. Looking in depth at a process recently adopted by such leading firms as Intel and Cisco, this book will lead the intellectual debate in an increasingly important area. "

Leveraging Knowledge Assets

Author : Ulrich Lichtenthaler
Publisher : Deutscher Universitätsverlag
ISBN 13 : 9783835004566
Total Pages : 339 pages
Book Rating : 4.0/5 (45 download)

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Book Synopsis Leveraging Knowledge Assets by : Ulrich Lichtenthaler

Download or read book Leveraging Knowledge Assets written by Ulrich Lichtenthaler and published by Deutscher Universitätsverlag. This book was released on 2006-09-26 with total page 339 pages. Available in PDF, EPUB and Kindle. Book excerpt: Ulrich Lichtenthaler analyzes the main challenges of externally leveraging technology with a focus on strategy, process, organization, culture and reputation. On this basis he investigates the management and performance of external technology commercialization in more than 150 European firms. He presents a detailed benchmarking analysis and empirically identifies success factors for the management of external technology exploitation.

Open Innovation

Author : Henry William Chesbrough
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 in Firms and Public Administrations: Technologies for Value Creation

Author : de Pablos Heredero, Carmen
Publisher : IGI Global
ISBN 13 : 1613503423
Total Pages : 314 pages
Book Rating : 4.6/5 (135 download)

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Book Synopsis Open Innovation in Firms and Public Administrations: Technologies for Value Creation by : de Pablos Heredero, Carmen

Download or read book Open Innovation in Firms and Public Administrations: Technologies for Value Creation written by de Pablos Heredero, Carmen and published by IGI Global. This book was released on 2011-11-30 with total page 314 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic globalization and the application of information and communication technologies have offered firms the opportunity to develop and distribute new knowledge. Open Innovation in Firms and Public Administrations: Technologies for Value Creation analyzes open innovation in a global context and proposes business models and institutional actors that promote the development of open innovation in firms, institutions, and public administrations worldwide. This book provides insights and supports executives concerned with the management of open innovation and organizational development in different types of open innovation communities and environments.

External Technology Commercialization in Large Firms

Author : Ulrich Lichtenthaler
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

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Book Synopsis External Technology Commercialization in Large Firms by : Ulrich Lichtenthaler

Download or read book External Technology Commercialization in Large Firms written by Ulrich Lichtenthaler and published by . This book was released on 2008 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: External technology commercialization (ETC), i.e., the commercialization of technological knowledge exclusively or in addition to its application inside the firm, has recently become a broader trend. However, this increase in outward technology transfer, e.g., by means of technology licensing, has been insufficiently reflected by academic research. Thus, we lack a detailed understanding of the evolution and the current scope of ETC, which represents an important component of technology portfolio management. Moreover, our insights into the functions of ETC and into firms' strategies, processes, and structures for managing ETC are limited. To address these research deficits, we present the results of a questionnaire-based benchmarking study in 154 medium-sized and large European firms spanning multiple industries. Thus, this article is among the first studies that provide quantitative empirical evidence for the current scope and management of ETC. After an introduction and theoretical considerations, the research design is described. Subsequently, the results of the survey are presented. In the final section, theoretical and managerial implications are discussed, and opportunities for further research are pointed out.

Managing Open Innovation

Author : André Spithoven
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: Unveiling The Power Of The Human Element

Author : Anne-laure Mention
Publisher : World Scientific
ISBN 13 : 9813140860
Total Pages : 388 pages
Book Rating : 4.8/5 (131 download)

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Book Synopsis Open Innovation: Unveiling The Power Of The Human Element by : Anne-laure Mention

Download or read book Open Innovation: Unveiling The Power Of The Human Element written by Anne-laure Mention and published by World Scientific. This book was released on 2017-03-23 with total page 388 pages. Available in PDF, EPUB and Kindle. Book excerpt: What is the profile to excel and lead in an open innovation environment, within and across organizational boundaries? What are the organizational ingredients and ways contributing to the creation of the right corporate open innovation environment and culture, within and across organizational boundaries? What is the role of organizational culture as a catalyst for adopting open innovation practices? What kinds of educational and training curricula for open innovation need to be developed and put in place? By unveiling the peculiarities of the dynamic interplay between the individual and organizational spectrums, this volume, seeks to provide relevant answers to these questions, among others. Readers are invited to embark on a fascinating and challenging journey towards one of the darkest of sides and mysteries of open innovation: the human element.Open Innovation: Unveiling the Power of the Human Element brings together the latest thinking from members of the academic community, industry leaders and practitioners, along with, policy-makers. By adopting a variety of research methods, this volume provides relevant up-to-speed but at the same time down-to-earth invaluable insights, foresights and solutions in relation to the role and the positioning of the human element within the participatory and connection-driven DNA of the open innovation paradigm.

New Frontiers in Open Innovation

Author : Henry William Chesbrough
Publisher : Oxford University Press, USA
ISBN 13 : 0199682461
Total Pages : 369 pages
Book Rating : 4.1/5 (996 download)

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Book Synopsis New Frontiers in Open Innovation by : Henry William Chesbrough

Download or read book New Frontiers in Open Innovation written by Henry William Chesbrough and published by Oxford University Press, USA. This book was released on 2014 with total page 369 pages. Available in PDF, EPUB and Kindle. Book excerpt: Following on from their previous book 'Open Innovation', the editors have compiled this book, as a major initiative of top scholars in open innovation setting out a research agenda for the next 5 to 10 years.

Managing Open Innovation Technologies

Author : Jenny S. Z. Eriksson Lundström
Publisher : Springer Science & Business Media
ISBN 13 : 3642316506
Total Pages : 306 pages
Book Rating : 4.6/5 (423 download)

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Book Synopsis Managing Open Innovation Technologies by : Jenny S. Z. Eriksson Lundström

Download or read book Managing Open Innovation Technologies written by Jenny S. Z. Eriksson Lundström and published by Springer Science & Business Media. This book was released on 2014-07-08 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: Open innovation increases the profit of companies and organizations via the input and the adoption of new ideas that are transformed into new processes, products, and services. Yet, how do we ensure that adopters of such innovations focus on relevant problems and use appropriate methods? How should we manage open innovation technologies? How can we exploit distributed knowledge and inventions? And how can we promote them successfully on the market? With valuable lessons to be learned from academic research and industrial experiences of e.g. Intel, Nokia, Philips Healthcare, small municipalities, e-learning platforms and user communities, this book focuses on some of the key dimensions of open innovation and open innovation technologies. It is divided into three themes: theme 1 deals with open innovation as it is in use today, including theoretical underpinnings and lessons from related research fields. Theme 2 analyzes the use of open innovation in organizations today in order to extract best practices. Theme 3 presents forward-looking theoretical research as well as practical future uses of open innovation. Each chapter addresses the particular topics by presenting experiences and results gained in real life projects and/or by empirical research, and clearly states its purpose and how readers are supposed to benefit from it. Overall, the objectives of this book are to advance and disseminate research on systematic open innovation, and to make its results available to practitioners. Thus, the intended target audience includes the international academic community, industrial enterprises, and public authorities.

Unpacking Open Innovation

Author : Manlio Del Giudice
Publisher : Springer
ISBN 13 : 1137354372
Total Pages : 255 pages
Book Rating : 4.1/5 (373 download)

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Book Synopsis Unpacking Open Innovation by : Manlio Del Giudice

Download or read book Unpacking Open Innovation written by Manlio Del Giudice and published by Springer. This book was released on 2013-12-18 with total page 255 pages. Available in PDF, EPUB and Kindle. Book excerpt: Disintegrated or distributed innovation, collaborative innovation, collective invention, collegial innovation, free innovation, open knowledge disclosure, free knowledge disclosure: are these all the same thing? This shows us there is some confusion regarding open innovation, or at least there is a need to cast a wider net around what open innovation is all about. The prevailing thought is that open innovation allows organizations to simultaneously expand their breadth of ideas, opportunities, and know-how while minimizing the technical and market risks associated with innovation. As a result, open innovation appears to come with little down side. Del Giudice, Della Peruta, and Carayannis fill the gap in our understanding of this emerging research field of open innovation. Their work depicts the major tendencies of publications through identifying the main themes in literature and investigating the research frontier. It also discusses potentially important fields of investigation that are still left rather unexplored.

How Does Open Innovation in Information Technology Affect the Business Development

Author : Sebastian Sigloch
Publisher : GRIN Verlag
ISBN 13 : 3656132011
Total Pages : 73 pages
Book Rating : 4.6/5 (561 download)

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Book Synopsis How Does Open Innovation in Information Technology Affect the Business Development by : Sebastian Sigloch

Download or read book How Does Open Innovation in Information Technology Affect the Business Development written by Sebastian Sigloch and published by GRIN Verlag. This book was released on 2012-02 with total page 73 pages. Available in PDF, EPUB and Kindle. Book excerpt: Diploma Thesis from the year 2011 in the subject Computer Science - Commercial Information Technology, grade: 1,6, Reutlingen University (UWS Business School / Reutlingen University), course: BA Business / BSc Business Information - Open Innovation, language: English, abstract: The opening - up of the innovation processes within organizations is an important step in today's Research & Development in order to take advantage from both, external knowledge and ideas as strategic instruments. However there are no articles about the influences for implementation of Open Innovations into the Business Development. Therefore this dissertation should demonstrate the utilization of Open Innovations within the IT - Service field for both, the Research & Development and their assignment within the Business Development. Furthermore possible snowball - effects should be defined as well. The investigations showed up, that the implementation of Open Innovations have a major impact on the Business Development as well as the competitive advantage of an organization. With this dissertation the reader obtain an overview over the relationship between Open Innovations and their strategically usage.

The Oxford Handbook of Open Innovation

Author : Henry Chesbrough
Publisher : Oxford University Press
ISBN 13 : 0192899805
Total Pages : 1009 pages
Book Rating : 4.1/5 (928 download)

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Book Synopsis The Oxford Handbook of Open Innovation by : Henry Chesbrough

Download or read book The Oxford Handbook of Open Innovation written by Henry Chesbrough and published by Oxford University Press. This book was released on 2024-02-08 with total page 1009 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Handbook seeks to be the definitive reference for the large and growing field of Open Innovation. A comprehensive collection of short and authoritative chapters, the volume summarizes the most vital research published in Open Innovation. It is an essential reference for seasoned scholars, a welcome introduction for junior scholars, and a kick-start package for undergraduate and MBA students. Four editors, 75 reviewers, and 136 contributors collaboratively developed 57 chapter handbook chapters. These present the current state of the art featuring academic theory and managerial practice as well as the outlook for how open innovation should be further developed. The empirical, conceptual, and practical insights of the handbook highlight the importance of strengthening practice-inspired research and purposeful knowledge exchanges between individuals, organizations, and ecosystems.

The Policy of Internal Innovation and External Acquired Technologies

Author : Mutinda Jackson
Publisher : GRIN Verlag
ISBN 13 : 3668733376
Total Pages : 14 pages
Book Rating : 4.6/5 (687 download)

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Book Synopsis The Policy of Internal Innovation and External Acquired Technologies by : Mutinda Jackson

Download or read book The Policy of Internal Innovation and External Acquired Technologies written by Mutinda Jackson and published by GRIN Verlag. This book was released on 2018-06-22 with total page 14 pages. Available in PDF, EPUB and Kindle. Book excerpt: Essay from the year 2018 in the subject Business economics - Offline Marketing and Online Marketing, grade: A-, University of New Orleans, language: English, abstract: According to different studies, it has been observed that even the largest innovation active companies nowadays cannot depend on internal sourcing only but also require knowledge from the outside during innovation development. On top of doing their research, as well as development, diverse organizations have been noted to typically engage in knowledge acquisition on the technology market. In this context, in acquiring this knowledge, these firms apply aspects such as licensing, contracting out R&D, and acquisition of other companies or attraction of experienced researchers with pertinent knowledge. Transaction costs method observes whether it will be preeminent for a company to develop its own technology or obtain it from the market. In other words, the internal as well as the external activities of innovation are treated as substitutes. Consequently, the joint occurrence of these activities of acquiring knowledge internally or externally at the organizational level remains to be suggestive of complementarity sandwiched between the activities. In other words, as the level of one activity increases, so is the marginal of the other activity (Mortara & Ford, 2012). Therefore, own internal knowledge has been observed to increase the marginal return to external strategies of acquiring knowledge, a concept that is reminiscent of the ‘absorptive capacity’ notion introduced by scholars that stresses on the significance of a preceding know-how stock for scanning, screening and absorbing external knowledge. In unison, external knowledge access can leverage internal R&D activities’ efficiency, especially after the company has exhibited a motivation of taking on external knowledge and ideas.

The Role of Knowledge Transfer in Open Innovation

Author : Almeida, Helena
Publisher : IGI Global
ISBN 13 : 1522558500
Total Pages : 417 pages
Book Rating : 4.5/5 (225 download)

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Book Synopsis The Role of Knowledge Transfer in Open Innovation by : Almeida, Helena

Download or read book The Role of Knowledge Transfer in Open Innovation written by Almeida, Helena and published by IGI Global. This book was released on 2018-09-07 with total page 417 pages. Available in PDF, EPUB and Kindle. Book excerpt: The ways in which codified and tacit knowledge are sourced, transferred, and combined are critical in furthering open innovation. When used effectively, knowledge sharing and organizational success are significantly increased, improving products and services. The Role of Knowledge Transfer in Open Innovation is a collection of innovative research on a set of analyses, reflections, and recommendations within the framework of knowledge transfer practices in different areas of knowledge and in various industries. While highlighting topics including tacit knowledge, organizational culture, and knowledge representation, this book is ideally designed for professionals, academicians, and researchers seeking current research on the best practices for transfer of knowledge as an intermediate open innovation.

An Integrative Model for Technology-Driven Innovation and External Technology Commercialization

Author : Johan Maarse
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

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Book Synopsis An Integrative Model for Technology-Driven Innovation and External Technology Commercialization by : Johan Maarse

Download or read book An Integrative Model for Technology-Driven Innovation and External Technology Commercialization written by Johan Maarse and published by . This book was released on 2012 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This chapter proposes an integrative model for internal and external commercialization of technology-driven innovation. It particularly addresses how firms can practically use external technology commercialization, which is a type of open innovation that is not yet fully understood by academics and managers alike. The chapter first reviews dominant literature and frameworks in the areas of innovation, technology-driven innovation, and external technology commercialization. It subsequently develops an integrative model of technology-driven innovation and external technology commercialization, which combines various extant frameworks of internal and external commercialization of internal technologies and thereby provides a holistic understanding of what it takes to successfully commercialize technology. The model presents various phases in the process from technology to commercialization, such as divergence, convergence, technology transfer, development, validation, commercialization, and product line expansion, and presents the relevant intersections and the alternative commercialization paths. Hereby, this chapter provides a holistic perspective and a practical tool for managers seeking viable commercialization opportunities inside or outside of their firm boundaries.