Work

Strategic Management of Open Innovation: A Dynamic Capabilities Perspective

Year: 2019

Type: article

Abstract: Open innovation has become well established as a new imperative for organizing innovation. In line with the increased use in industry, it has also attracted a lot of attention in academia. However, understanding the full benefits and possible limits of open innovation still remains a challenge. We draw on strategic management theory to describe some of these benefits and limits. More specifically, we develop a dynamic capabilities framework as a way to better understand the strategic management of open innovation, which can then help to better explain both success and failure in open innovation. With this background, as guest editors we introduce select papers published in this Special Section of California Management Review that were originally presented at the fifth annual World Open Innovation Conference, held in San Francisco, California, in December of 2018.

Source: California Management Review

DOI: 10.1177/0008125619885150

Authors: Marcel Bogers, Henry Chesbrough, Sohvi Heaton, David J. Teece

Institutions: University of Copenhagen, University of California, Berkeley, Loyola Marymount University

Language: English

Topic: Innovation and Knowledge Management

Subfield: Strategy and Management

Field: Business, Management and Accounting

Domain: Social Sciences

SDG: Industry, innovation and infrastructure

Open Access status: green

Funders: Novo Nordisk, Novo Nordisk Fonden