Strategizing for open innovation

Ilari Kaarela, Tapio Koivisto, Katri Valkokari

Research output: Chapter in Book/Report/Conference proceedingConference article in proceedingsScientificpeer-review

Abstract

This paper goes beyond open innovation and expands from theoretical discussion to analyses of company practise and decision making while opening their innovation processes. According to the case observations introduced here the link between the expressed strategic considerations on knowledge and observed open innovation activities is often noticeably weak. The companies have grand ideas on openness but fail to integrate open innovation activities to their business model. We suggest that sustainability in innovation can only be reached with a holistic approach to strategy, open innovation and knowledge management. Companies need to find new ways to evaluate and manage their innovation activities and business model development as a whole. Unsurprisingly there is an inherent need for strategic prioritization in open innovation and knowledge management
Original languageEnglish
Title of host publicationThe Proceedings of the XXII ISPIM Conference
PublisherInternational Society for Professional Innovation Management ISPIM
ISBN (Print)978-952-265-092-4
Publication statusPublished - 2011
MoE publication typeA4 Article in a conference publication
EventXXII ISPIM Conference: Sustainability in Innovation: Innovation Management Challenges - Hamburg, Germany
Duration: 12 Jun 201115 Jun 2011

Conference

ConferenceXXII ISPIM Conference
CountryGermany
CityHamburg
Period12/06/1115/06/11

Fingerprint

Open innovation
Strategizing
Innovation activities
Knowledge management
Innovation management
Business model
Prioritization
Decision making
Sustainability
Innovation
Holistic approach
Innovation process
Model development
Openness

Keywords

  • networked innovation
  • open innovation
  • co-creation
  • collaboration
  • strategizing

Cite this

Kaarela, I., Koivisto, T., & Valkokari, K. (2011). Strategizing for open innovation. In The Proceedings of the XXII ISPIM Conference International Society for Professional Innovation Management ISPIM.
Kaarela, Ilari ; Koivisto, Tapio ; Valkokari, Katri. / Strategizing for open innovation. The Proceedings of the XXII ISPIM Conference. International Society for Professional Innovation Management ISPIM, 2011.
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abstract = "This paper goes beyond open innovation and expands from theoretical discussion to analyses of company practise and decision making while opening their innovation processes. According to the case observations introduced here the link between the expressed strategic considerations on knowledge and observed open innovation activities is often noticeably weak. The companies have grand ideas on openness but fail to integrate open innovation activities to their business model. We suggest that sustainability in innovation can only be reached with a holistic approach to strategy, open innovation and knowledge management. Companies need to find new ways to evaluate and manage their innovation activities and business model development as a whole. Unsurprisingly there is an inherent need for strategic prioritization in open innovation and knowledge management",
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Kaarela, I, Koivisto, T & Valkokari, K 2011, Strategizing for open innovation. in The Proceedings of the XXII ISPIM Conference. International Society for Professional Innovation Management ISPIM, XXII ISPIM Conference, Hamburg, Germany, 12/06/11.

Strategizing for open innovation. / Kaarela, Ilari; Koivisto, Tapio; Valkokari, Katri.

The Proceedings of the XXII ISPIM Conference. International Society for Professional Innovation Management ISPIM, 2011.

Research output: Chapter in Book/Report/Conference proceedingConference article in proceedingsScientificpeer-review

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Kaarela I, Koivisto T, Valkokari K. Strategizing for open innovation. In The Proceedings of the XXII ISPIM Conference. International Society for Professional Innovation Management ISPIM. 2011