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Companies have to innovate to stay competitive, and they have to collaborate with other organizations to innovate effectively. Although the benefits of "open innovation" have been described in detail before, underlying mechanisms how companies can be successful open innovators have not be understood well. A growing community of innovation management researchers started to develop different frameworks to understand open innovation in a more systematic way. This book provides a thorough examination of research conducted to date on open innovation, as well as a comprehensive overview of what will be the most important, most promising and most relevant research topics in this area during the next decade. "Open Innovation: Researching a new paradigm" (OUP 2006) was the first initiative to bring open innovation closer to the academic community. Open innovation research has since then been growing in an exponential way and research has evolved in different and unexpected directions. As the research field is growing, it becomes increasingly difficult for young (and even experienced scholars) to keep an overview of the most important trends in open innovation research, of the research topics that are most promising for the coming years, and of the most interesting management challenges that are emerging in organizations practicing open innovation. In the spirit of an open approach to innovation, the editors have engaged other scholars and practitioners to contribute some of their interesting insights in this book.
How can organizations systematically implement and optimize open innovation strategies to maintain competitive advantage in a rapidly evolving market? Editors Henry Chesbrough, Joel West, and Wim Vanhaverbeke compile contributions from a diverse group of innovation management scholars and practitioners to address this question. The text synthesizes existing research frameworks while identifying emerging management challenges and promising future research trajectories for the field. By examining the mechanisms behind successful collaborative innovation, the authors provide a structured approach for both academics and business leaders to navigate the complexities of modern organizational partnerships.
What You Will Find
Scope Limits
Experts recognize this volume as a critical follow-up to foundational texts in the field, providing necessary structure to a rapidly expanding body of research. Readers frequently note the academic density of the prose, making it a primary resource for scholars and advanced practitioners seeking to understand the current state of innovation management.
Page Count:
368
Publication Date:
2014-01-01
Publisher:
OUP Oxford
ISBN-10:
0191504998
ISBN-13:
9780191504990
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