Download or read book Managing Open Innovation Projects with Impact written by Sabine Brunswicker and published by . This book was released on 2017 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: In our recent open innovation executive studies, we learned that open innovation is of strategic value for large firms and an important topic for C-level executives (Chesbrough and Brunswicker 2014, Bagherzadeh and Brunswicker 2015). Large firms increasingly invest in open innovation, and there is evidence that such investment may pay off and increase a company's productivity. Open innovation comes in many forms (or modes): Bilateral partnerships, IP licensing contracts, innovation contests, communities, and so forth. We learn that firms increasingly experiment with more novel approaches that involve a larger variety of external actors and support collaboration and information exchange across various boundaries. However, engaging in open innovation is accompanied with uncertainty and ambiguity. Open innovation is not a one-way-street with strictly transactional relationships; it requires firms to share information and knowledge with external partners, often with the help of digital technologies. The degree and the mode of information exchange and knowledge sharing tend to vary in open innovation projects, and reduce a firm's ability to maintain control over sensitive information and value-creation. This further complicates the situation for senior executives when trying to answer questions such as, “How can we manage the uncertainty and ambiguity of open innovation when solving strategic innovation problems? How does the particular choice of one of the open innovation modes - partnership, community, contest - affect our choice of coordinating the interaction with external open innovation actors to align the innovation activities with the firm's strategic goals?” This study seeks to answer such questions. To do so, our study team took a deep dive into multiple unique open innovation projects to provide a richer understanding of successful management practices.

Download or read book Managing Collaborative R D Projects written by Gabriela Fernandes and published by Springer Nature. This book was released on 2021-03-25 with total page 338 pages. Available in PDF, EPUB and Kindle. Book excerpt: Collaboration among industry, universities and research institutes plays a vital role in stimulating open innovation, which in turn leads to new products, processes, services and business models. This book brings together a number of real-life examples of how to govern and manage open innovation collaboration projects more effectively, and provides timely insights that project consortia, governance boards and funding agencies can directly apply to implement and monitor projects and achieve greater impacts. All papers were written by recognized leading authorities with extensive experience in governance and management, and reveal how to capitalize on the potential of open innovation. This book shares multidisciplinary research perspectives on the potential benefits and challenges of collaboration, project management, and open innovation, as well as the management of complex organizational cultures and governance models.

Download or read book Managing Open Innovation in Large Firms written by Henry William Chesbrough and published by Fraunhofer Verlag. This book was released on 2013 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: Open innovation has become a widely discussed phenomenon in both the US and in Europe in the ten years that have passed since the publication of Henry Chesbrough's book "Open Innovation" in 2003. There are many examples of individual companies that have adopted open innovation. But more systematic evidence of the extent to which open innovation has been adopted is surprisingly scarce. The Garwood Center for Corporate Innovation at the University of California, Berkeley, in the US and the Fraunhofer Society in Germany have teamed up to conduct the first large sample survey of open innovation adoption among large firms that we know of. Surveying large firms in both Europe and in the US with annual sales in excess of $250 million, this survey report presents many important facts that show to which extent and how large firms are now practicing open innovation. Overall, the survey results paint a picture in which open innovation is on the rise. While firms are somewhat satisfied overall with their open innovation experience (and their satisfaction increases with more experience), there is plenty of room for improvement. For example, inbound practices are more commonly utilized than outbound practices. Individual practices are not rated all that highly in their effectiveness and individual metrics are not rated very highly either. Results indicate that firms are still early in their use and understanding of open innovation.

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.

Download or read book Project Based Knowledge in Organizing Open Innovation written by Sara Bonesso and published by Springer. This book was released on 2014-07-10 with total page 107 pages. Available in PDF, EPUB and Kindle. Book excerpt: Enriching understanding of the current theoretical debate on project-based learning and R&D sourcing, ‘Project-based Knowledge in Organizing Open Innovation’ draws on innovation literature and knowledge-based perspectives to solve open problems in the relationship between knowledge development at project level and how firms organize product innovation combining in-house R&D activities with inbound open innovation. Through field research in different industrial settings (pharmaceutical, automotive and machine tools) and with complementary methodological approaches, this book provides empirical evidence on how project knowledge features affect sourcing decisions at firm level. Due to the emerging interest in the management literature on project-based organizations and on the relevance of project forms of organizing in a knowledge-based economy, this volume will appeal to scholars and students in business and management, in particular those in innovation management, organization theory and strategic management. Addressing the still open issue of how the firm level should be complemented by studies at the project level of analysis, this book provides theoretical and empirical arguments on the advantages of a more fine-grained level of analysis to understand how firms organize their innovation processes across boundaries.

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.

Download or read book Managing Open Innovation in SMEs written by Wim Vanhaverbeke and published by Cambridge University Press. This book was released on 2017-05-27 with total page 253 pages. Available in PDF, EPUB and Kindle. Book excerpt: The concept of open innovation (OI) has become a very popular topic during the last decade, with an increasing number of small- and medium-sized enterprises (SMEs) embracing OI practices to gain competitive advantage. With the majority of publications focusing on large firms, open innovation in SMEs has received scant attention from both scholars and practitioners. This book seeks to correct this imbalance by providing an in-depth study for both business managers and graduate-level students. Using rich, in-depth case studies from successful companies, it examines different approaches to managing OI in order to develop practical guidelines for implementation. It also highlights important differences between OI strategies in SMEs and large companies. Its findings will be of use to those studying or working in innovation management, open innovation, small business management and entrepreneurship.

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.

Download or read book Open and Closed Innovation written by Philipp Herzog and published by Springer Science & Business Media. This book was released on 2009-02-04 with total page 275 pages. Available in PDF, EPUB and Kindle. Book excerpt: Philipp Herzog develops a theoretical framework arguing that Open Innovation and Closed Innovation cultures need to be different. The findings help firms cope with the challenges experienced in implementing the Open Innovation concept.

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.

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.

Download or read book Open Innovation written by Abbie Griffin and published by John Wiley & Sons. This book was released on 2014-10-13 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt: A clear, practical guide to implementing Open Innovation for new product development Open Innovation: New Product Development Essentials from the PDMA is a comprehensive guide to the theory and practice of the Open Innovation method. Written by experts from the Product Development and Management Association, the book packages a collection of Open Innovation tools in a digestible and actionable format. Real-world case studies drawn from the authors' own successes and failures illustrate the concepts presented, providing accurate representation of the opportunities and challenges of Open Innovation implementation. Key tools are presented with a focus on immediate applications for business, allowing NPD professionals to easily discern where this cutting edge development method can push innovation forward. Open Innovation assumes that companies can and should use both internal and external ideas and paths to market, permeating the boundaries between firm and environment. Innovations transfer outward and inward through purchase, licensing, joint ventures, and spin-offs, allowing companies to expand beyond their own research and dramatically improve productivity through collaboration. PDMA Essentials provides practical guidance on exploiting the Open Innovation model to these ends, with clear guidance on all aspects of the new product development process. Topics include: Product platforming and idea competitions Customer immersion and interaction Collaborative product design and development Innovation networks, rewards, and incentives Many practitioners charged with innovation have only a vague understanding of the specific tools available for Open Innovation, and how they might be applied. As the marketplace shifts dramatically to keep pace with changing consumer behaviors, remaining relevant increasingly means ramping up innovation processes. PDMA Essentials provides the tools NPD practitioners need to implement a leading innovation method, and drive continued growth.

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.

Download or read book Open Innovation in R D Departments written by Verena Nedon and published by . This book was released on 2015 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Based on interviews with R&D managers and a survey amongst R&D employees, Verena Nedon shows that perceived social pressure has an immense impact on R&D employees working in OI-projects. Employees' attitude (regardless of whether positive or negative) and perceived behavioral control play an important, but not dominant role. The study also implies that intrinsic motivators have a stronger effect on employees' willingness to engage in knowledge exchange with external partners than extrinsic components. By targeting a set of relevant questions related to the human side of open innovation, the study significantly contributes to the micro-foundation of OI-research and sheds light on the hitherto neglected perspective of employees engaged in OI-projects. The findings are relevant for scholars, companies already following the OI-approach, and OI-newcomers. Contents Knowledge Exchange in OI-Projects Individual Behavior Theory of Planned Behavior Managerial Implications Target Groups Researchers and students of Innovation Management (Open Innovation), R&D, and Business Psychology People who are interested in Innovation Management (Open Innovation), R&D, and Project Management The Author Verena Nedon does research on open innovation at the Institute of Technology and Innovation Management (TUHH), focusing on knowledge exchange between R&D employees and external partners in OI-projects.

Download or read book Effective Open Innovation Strategies in Modern Business Emerging Research and Opportunities written by Rao, N. Raghavendra and published by IGI Global. This book was released on 2018-06-01 with total page 193 pages. Available in PDF, EPUB and Kindle. Book excerpt: Globalization has created an increase in the number of business opportunities presented to enterprises. A competitive market places demands on businesses to think differently and follow new approaches to managing their business goals and remaining acceptable to suppliers and service providers. Effective Open Innovation Strategies in Modern Business: Emerging Research and Opportunities is a comprehensive resource that focuses on the importance of interdisciplinary concepts in open innovation projects. Using case illustrations, the book examines concepts such as virtual reality, knowledge harvesting, and business process reengineering in relation to open innovation initiatives. As a publication exploring the areas of management and information technology disciplines, this resource is useful for corporate executives, business managers, entrepreneurs, business professionals, and graduate-level students seeking current research on business innovation techniques and approaches.

Download or read book Researching Open Innovation In Smes written by Wim Vanhaverbeke and published by World Scientific. This book was released on 2018-02-13 with total page 536 pages. Available in PDF, EPUB and Kindle. Book excerpt: The concept of open innovation (OI) has become a very popular topic during the last decade, with increasing number of SMEs embracing OI practices to gain competitive advantage. This edited volume is a timely opportunity to gather research on OI in SMEs, to investigate how OI is managed and implemented to determine the peculiarities compared to OI management in large companies, and to specify the consequences for future OI research.The book offers insights into the following topics: The state of the art on open innovation in SMEs; adopting open innovation in SMEs; interorganizational networks and innovation ecosystems; sectoral patterns of open innovation in SMEs; and measuring, evaluating and stimulating open innovation in SMEs.

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 2024-04-25 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.