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In the era of "open innovation", the choice of a cooperative strategy is one of the most significant factors determining the effectiveness of innovation activities. The authors investigate the typical configurations of cooperative networks in Russian manufacturing, including the choice of...
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Open innovation (OI) has been implemented to develop competitive advantages based on the management of innovation with external players. As such, it is expected that the generalized adoption of OI practices needs to be nurtured by governmental public policies in order to enhance OI-based...
Persistent link: https://www.econbiz.de/10014289274
We analyze an Open Innovation process in a Cournot duopoly using a differential game approach where knowledge spillovers are endogenously determined via the R&D process. The game produces multiple steady states, allowing for an asymmetric solution where a firm may trade off the R&D investment...
Persistent link: https://www.econbiz.de/10013124083
In 2003, Chesbrough coined the term “open innovation” as a new paradigm for industrial innovation. In this paper, we review and synthesize the growing literature that follows Chesbrough by studying the commercialization of external innovations — one of the key open innovation...
Persistent link: https://www.econbiz.de/10013092236
The purpose of this paper is to explore the unclear relationship between industry structure and Open Innovation. The focus of the study is on firms that received external help to develop their products or that helped third parties in developing their products. The hypotheses were tested on a...
Persistent link: https://www.econbiz.de/10013066921
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In late years, the concept of open innovation receives attention from industry and academic. This concept means that firms utilize resources outside for their R&D beyond their boundaries. Behind this background is the fact that firms have more opportunities to utilize resources outside. Previous...
Persistent link: https://www.econbiz.de/10011919175
As global markets become more competitive, open innovation has become an important element of organizational strategy for companies seeking to exploit these practices to gain a competitive advantage. This is particularly true of high-tech firms requiring innovation at ever increasing speeds....
Persistent link: https://www.econbiz.de/10014119654
The Covid-19 pandemic tragically emphasized severe failures of health systems. In particular, the saturation of hospital infrastructures and the lack of medical devices is crucial for respiratory ventilators. The medical and pharmaceutical sectors had to find urgently new ways to innovate...
Persistent link: https://www.econbiz.de/10014308369