Collaborative Innovation: Creating Opportunities in a Changing World

Vareska van de Vrande

ERIM Inaugural Address Series Research in Management from Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus University Rotterdam.

Abstract: Today’s business environment is characterised by fast and frequent change, which is often difficult to predict. As a consequence, companies need to continuously invest in the development of new business to remain competitive. However, due to the increasing complexity of the environment, internal development is often not enough, and collaborative innovation is becoming more important. There are three areas that warrant our attention. First, interest among employees and organisations to pursue entrepreneurial initiatives raises questions around the management and support that is needed to foster these initiatives and how to best organise internal corporate venturing. Second, the increasing number of start-ups provides opportunities for existing companies to tap into emerging technologies and business areas through corporate – start-up collaboration. Third, the changing nature of work provides an opportunity for existing organisations to rethink the relationship they have with their employees and to find a way to benefit from the increased flexibility of their own and other’s workers. I will raise a number of research questions in these areas and provide directions for future research in the field.

Keywords: Entrepreneurship; Corporate venturing; Corporate venture capital; Collaboration; Innovation; Coworking; Start-ups (search for similar items in EconPapers)
JEL-codes: D21 L20 M O31 (search for similar items in EconPapers)
Pages: 30
Date: 2017-06-02
New Economics Papers: this item is included in nep-cse, nep-ent, nep-ino and nep-sbm
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