City renewal as open innovation
Jan Mattsson and
Flemming Sørensen
Journal of Innovation Economics, 2015, vol. n°16, issue 1, 195-215
Abstract:
This article illustrates how open innovation can be applied to understand renewal processes in complex sectors of society that involve many public, private and collective actors. The article discusses how a city renewal project can be conceptualized as ?open city innovation?. A natural experiment of a process of ?open city innovation?, involving a number of private and public actors is presented. Findings suggest that attractive and capital rich urban environments can be successfully created through open city innovation facilitated by 1) a clear focus of private actors on long-term benefits of the city development project, and 2) public organisational set-ups securing involvement of many actors, interactions and knowledge distribution among them. Furthermore, the article illustrates how the ?natural experiment? as research method is a promising approach for analyzing complex city renewal projects. JEL Codes: M1
Keywords: Open Innovation; Public and Private Actors; City Renewal; Natural Experiment (search for similar items in EconPapers)
JEL-codes: M1 (search for similar items in EconPapers)
Date: 2015
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