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

    Keywords

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

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  • 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.