Artikel

The "open innovation" paradigm: A contingency perspective

The "open innovation" model is currently being touted as a superior path for achieving long-term success. Rather than relying on their own, limited resources for research and development in the traditional, closed invention system, firms are encouraged to share knowledge across firm boundaries to enhance their innovative potential. Yet, such sharing may also have adverse consequences by reducing the rarity of a firm's inventions. This paper accordingly attempts to identify and analyze the parameters that determine whether open or closed types of innovation management are most appropriate for a given firm. Following a contingency perspective, we examine these determinants as various internal and external constraints (situational factors). More specifically, applying concepts related to absorptive capacity, complementary resources, game theory and others, we derive testable propositions and provide case study evidence regarding the value generating properties of open innovation

Language
Englisch

Bibliographic citation
Journal: Journal of Industrial Engineering and Management (JIEM) ; ISSN: 2013-0953 ; Volume: 2 ; Year: 2009 ; Issue: 1 ; Pages: 176-207 ; Barcelona: OmniaScience

Classification
Management
Subject
open innovation
R&D
competitive advantage
resource-based view

Event
Geistige Schöpfung
(who)
Torkkeli, Marko T.
Kock, Carl Joachim
Salmi, Pekka A. S.
Event
Veröffentlichung
(who)
OmniaScience
(where)
Barcelona
(when)
2009

DOI
doi:10.3926/jiem.v2n1.p176-207
Handle
Last update
10.03.2025, 11:44 AM CET

Data provider

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Object type

  • Artikel

Associated

  • Torkkeli, Marko T.
  • Kock, Carl Joachim
  • Salmi, Pekka A. S.
  • OmniaScience

Time of origin

  • 2009

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