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 language | English |
|---|---|
| Title of host publication | The Proceedings of the XXII ISPIM Conference |
| Publisher | International Society for Professional Innovation Management ISPIM |
| ISBN (Print) | 978-952-265-092-4 |
| Publication status | Published - 2011 |
| MoE publication type | A4 Article in a conference publication |
| Event | XXII ISPIM Conference: Sustainability in Innovation: Innovation Management Challenges - Hamburg, Germany Duration: 12 Jun 2011 → 15 Jun 2011 |
Conference
| Conference | XXII ISPIM Conference |
|---|---|
| Country/Territory | Germany |
| City | Hamburg |
| Period | 12/06/11 → 15/06/11 |
Keywords
- networked innovation
- open innovation
- co-creation
- collaboration
- strategizing
