The DOI matches its Crossref record; 7 of the 7 references it cites were found in a registry or an index.
Open Innovation in Practice: An Analysis of Strategic Approaches to Technology Transactions
Abstract
In addition to acquiring external technology, firms have started to actively commercialize technological knowledge, which represents the opposite type of technology transactions. The strong interactions with a firm's environment contrast the traditional closed approaches to innovation. Therefore, this new paradigm has been termed open innovation. Prior research into this field has mostly been limited to theoretical considerations and case studies. More general work has usually focused either on external technology acquisition or on external technology exploitation. Accordingly, I take an integrated perspective and regard the two types of technology transactions as the main dimensions of a firm's strategic approach to open innovation. Drawing on these dimensions, I use data from a questionnaire-based study of 154 middle and large companies to identify groups of firms that pursue homogeneous strategies regarding open innovation. Accordingly, this analysis is the first large-scale study that describes the current state of open innovation in practice. Moreover, it is the first work that identifies strategic approaches of firms to technology transactions along the innovation process.
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Cites
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Challenges of open innovation: the paradox of firm investment in open-source software
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“Open innovation describes innovation processes, in which the boundaries of the firm are porous [30], [42]–[45].”
Cited by
Open innovation in SMEs: Trends, motives and management challenges
van de Vrande, V., de Jong, J. P. J., Vanhaverbeke, W., & de Rochemont, M. (2009) · Technovation · doi:10.1016/j.technovation.2008.10.001 · Cited by 2,184
Building absorptive capacity to organise inbound open innovation in traditional industries
Spithoven, A., Clarysse, B., & Knockaert, M. (2011) · Technovation · doi:10.1016/j.technovation.2010.10.003 · Cited by 658
Open innovation practices in SMEs and large enterprises
Spithoven, A., Vanhaverbeke, W., & Roijakkers, N. (2013) · Small Business Economics · doi:10.1007/s11187-012-9453-9 · Cited by 631
Value Creation and Value Capture in Open Innovation
Chesbrough, H., Lettl, C., & Ritter, T. (2018) · Journal of Product Innovation Management · doi:10.1111/jpim.12471 · Cited by 486
When Is Open Innovation Beneficial? The Role of Strategic Orientation
Cheng, C. C. J., & Huizingh, E. K. R. E. (2014) · Journal of Product Innovation Management · doi:10.1111/jpim.12148 · Cited by 485
Metadata
- Authors
- Lichtenthaler, U.
- Venue
- IEEE Transactions on Engineering Management
- Published
- 2008-02
- Volume
- 55
- Issue
- 1
- Pages
- 148-157
- ISSN
- 0018-9391 (ISSN-L)
- OpenAlex
- W2146702706
- Cited by
- 633
- References
- 7
- FWCI
- 108.96
- Type
- journal article
- Language
- en
- Open access
- closed
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