Open Innovation Strategies and Web Technologies
نویسنده
چکیده
The last decade have seen a rapid increase in academic studies and business practices of Open Innovation (OI). A key reason for this has been that OI embodies potentialities of expanding markets through external sourcing of innovation and minimize internal innovation costs. Moreover, it can capture enormous knowledge dispersed around the globe in order to buy/license inventions/Innovations or processes from other businesses. The article aims at characterizing OI strategies. We identify two fundamental dimensions of OI: Innovation uncertainty/complexity and Innovation clock-speed. Combining these two dimensions a conceptual framework of managing OI strategies is proposed. Four distinct typologies or archetypes OI strategies can be obtained: Enterprise network OI strategy; learning & experimentation based OI strategy; collaborative OI strategy; and partnership & alliances OI Strategy. We characterize each one and suggest few insights.
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