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Trust Is Good, Control Is Better - An Open Innovation-Controlling for SME

Jessica Koch (), Eckart Hauck () and Ingrid Isenhardt ()
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Jessica Koch: RWTH Aachen University, IMA/ZLW
Eckart Hauck: RWTH Aachen University, IMA/ZLW
Ingrid Isenhardt: RWTH Aachen University, IMA/ZLW

A chapter in Automation, Communication and Cybernetics in Science and Engineering 2011/2012, 2013, pp 97-104 from Springer

Abstract: Abstract Until now the practical work concerning Open Innovation was focused on the conceptual and use-oriented field. Both the methods and their potentials are depicted but there is no research on the cost-effectiveness of Open Innovation and the applicability of its methods – especially in Small and Medium Enterprises (SME). Currently SME have no instrument helping them to decide whether they should adopt Open Innovation. Hence it is necessary to create such an instrument to give the SME support to decide if “the formal discipline and practice of leveraging the discoveries of others as input for the innovation process through formal and informal relationships” [RP08] is worthwhile. In this paper the research project “Invoice – Efficiency of Open Innovation for Small and Medium-sized Enterprises” is presented. Within this project the Institute for Management Cybernetics e.V. (IfU) and the Technology and Innovation Management Group (TIM) at RWTH Aachen University develop an instrument to control Open Innovation-methods in SME.

Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-642-33389-7_8

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DOI: 10.1007/978-3-642-33389-7_8

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