Investigating the relationship between open business models and intangible assets

Emilia Lamberti, Mauro Caputo, Antonello Cammarano and Francesca Michelino

International Journal of Management and Enterprise Development, 2016, vol. 15, issue 2/3, 147-173

Abstract: The purposes of this paper are to (1) define the open business models of companies and (2) relate them to the intangibles portfolio composition in terms of R%D, goodwill, and other intangibles. A sample of 234 worldwide top R%D spending firms is examined, drawing on secondary data from audited consolidated annual reports for the period 2010-2012. The work provides a contribution to both innovation management theory and practice. On one side, it investigates inbound and outbound aspects of open innovation after a pecuniary perspective. Five models are defined - collaboration, outsourcing, licensing, trading, and incorporation - which, if combined, denote the openness of companies' innovation strategy. On the other side, the devised framework constitutes a starting point to develop guidelines for managers to leverage the intangible assets of their organisations in order to innovate and generate value in an open innovation context.

Keywords: biopharmaceuticals; inbound open innovation; innovation strategy; intangible assets; intangibles portfolio; open business models; open innovation; outbound open innovation; technology hardware; innovation management; collaboration; outsourcing; licensing; trading; incorporation. (search for similar items in EconPapers)
Date: 2016
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Citations: View citations in EconPapers (2)

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