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Why 'open innovation' is old wine in new bottles
Paul Trott,Dap Hartmann +1 more
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In this paper, the authors systematically examine the six principles of the open innovation concept and show how the Open Innovation paradigm has created a partial perception by describing something which is undoubtedly true in itself (the limitations of closed innovation principles), but false in conveying the wrong impression that firms today follow these principles.Abstract:
The concept of 'open innovation' has received a considerable amount of coverage within the academic literature and beyond. Much of this seems to have been without much critical analysis of the evidence. In this paper, we show how Chesbrough creates a false dichotomy by arguing that open innovation is the only alternative to a closed innovation model. We systematically examine the six principles of the open innovation concept and show how the Open Innovation paradigm has created a partial perception by describing something which is undoubtedly true in itself (the limitations of closed innovation principles), but false in conveying the wrong impression that firms today follow these principles. We hope that our examination and scrutiny of the 'open innovation' concept contributes to the debate on innovation management and helps enrich our understanding.read more
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Explicating Open Innovation: Clarifying an Emerging Paradigm for Understanding Innovation
Henry Chesbrough,Marcel Bogers +1 more
TL;DR: Open innovation is defined as a distributed innovation process based on purposively managed knowledge flows across organizational boundaries, using pecuniary and non-pecuniary mechanisms in line with the organization's business model as mentioned in this paper.
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Creating and Capturing Value: Strategic Corporate Social Responsibility, Resource-Based Theory, and Sustainable Competitive Advantage
TL;DR: In this paper, the authors analyze the creation and capture of private and social value by firms that adopt corporate social responsibility (CSR) strategies, defined as any responsible activity that allows a firm to achieve a sustainable competitive advantage, regardless of motive.
Journal ArticleDOI
A bibliometric review of open innovation: setting a research agenda
TL;DR: In this paper, an objective, systematic, and comprehensive review of the literature on open innovation (OI), identifies gaps in existing research, and provides recommendations on how hitherto unused or underused organizational, management, and marketing theories can be applied to advance the field.
Journal ArticleDOI
Viewpoint: Towards an information systems perspective and research agenda on crowdsourcing for innovation
A. Majchrzak,A. Malhotra +1 more
TL;DR: This essay is intended to frame crowdsourcing for innovation in a manner that makes more apparent the issues that require research from an IS perspective and delineate the contributions that the IS field can make to the field of crowdsourcing.
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Product innovation in family versus nonfamily firms:an exploratory analysis
TL;DR: In this article, the authors study how and why the anatomy of the product innovation process differs between family and non-family firms and show that family businesses differ from nonfamily ones as regards product innovation strategies and organization of the innovation process.
References
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Journal ArticleDOI
Absorptive capacity: a new perspective on learning and innovation
TL;DR: In this paper, the authors argue that the ability of a firm to recognize the value of new, external information, assimilate it, and apply it to commercial ends is critical to its innovative capabilities.
Book
The Knowledge Creating Company
TL;DR: The Japanese companies, masters of manufacturing, have also been leaders in the creation, management, and use of knowledge-especially the tacit and often subjective insights, intuitions, and ideas of employees as discussed by the authors.
Book
Open Innovation: The New Imperative for Creating and Profiting from Technology
TL;DR: Open Innovation: The New Imperative for Creating and Profiting From Technology as discussed by the authors is a book by Henry Chesbrough, which discusses the importance of open innovation for creating and profiting from technology.
Journal ArticleDOI
Innovation and Learning: The Two Faces of R & D
TL;DR: In this paper, the authors assume that firms invest in R&D not only to generate innovations, but also to learn from competitors and extraindustry knowledge sources (e.g., university and government labs).
Journal ArticleDOI
Does Familiarity Breed Trust? The Implications of Repeated Ties for Contractual Choice in Alliances
TL;DR: In this article, the authors explored the factors that explain the choice of governance structures in interfirm alliances and found that repeated alliances between two partners are less likely than other alliances to be organized using equity.
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