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The purpose of this paper is to empirically study challenges faced by product and service providers when innovating openly with customers in business-to-business (B-to-B) markets. The study aims to fill the research gap of how the challenges vary in different types of customer involvement in...
Persistent link: https://www.econbiz.de/10010883138
Cross-industry innovation is becoming more relevant for firms, as this approach often results in radical innovations. However, firms can only benefit from cross-industry innovation if they are open to external knowledge sources and understand how to explore, transform, and exploit cross-industry...
Persistent link: https://www.econbiz.de/10010883149
We investigate the relationship between openness and value appropriation in the open innovation strategies of multinational corporations (MNCs). Previous research has suggested an inverted U-shaped relationship between external knowledge sourcing and innovative performance of firms engaged in...
Persistent link: https://www.econbiz.de/10010944772
Open innovation holds great potential for improving the efficiency of companies' innovation processes, but also presents substantial risks. A key issue in innovation management is finding the right balance of openness, i.e., determining how open companies should be in their innovation...
Persistent link: https://www.econbiz.de/10011011089
Open innovation has generally been explored in terms of improved innovation performance vis-à-vis product/service innovation performance. However, the process innovation is often ignored in the open innovation literature. In this study, we assess the impact of openness on innovation in...
Persistent link: https://www.econbiz.de/10011011096
The focus of this paper is on exploring linkages among Open Innovation practices and firm performance. While, in the last ten years, a certain amount of papers facing such issue has been published, most of them treat inbound, outbound, and coupled innovation practice processes separately respect...
Persistent link: https://www.econbiz.de/10011011105
Web-based intermediaries that offer crowdsourcing services represent a new and promising way through which firms can leverage the power of a crowd to sustain their innovation performance. However, limited attention has been devoted thus far to understanding the relationship between the...
Persistent link: https://www.econbiz.de/10011011108
The human side of open innovation (OI) has not been extensively studied; however, when companies develop new products or services, it is essential to foster corporate innovativeness, and managing personnel is a key to this. Human resource (HR) practices are an essential means by which companies...
Persistent link: https://www.econbiz.de/10011011110
Acquiring and selling knowledge through markets for ideas (MFIs) is a growing trend for organisations embracing the open innovation paradigm. However, the literature has showed that more in-depth studies about how MFIs can be increasingly beneficial for both seekers and owners are needed. Thus,...
Persistent link: https://www.econbiz.de/10011011112
This paper questions the applicability of traditional notions of intermediary activities, which are usually categorized as either brokering or networking, in cases of high uncertainty regarding technologies, markets or which actors to involve. In the case of collaborative open innovation,...
Persistent link: https://www.econbiz.de/10011011123