 Limiting factors of open innovation organizations: A case of social product development and research agendaKaveh Abhari and Summer McGuckin Technovation, 2023, vol. 119, issue C Abstract: While open innovation organizations have grown in popularity, they hold a high failure rate. This paper identifies limiting factors that contribute to this high failure rate at three levels: strategy, process, and community. After validating and expanding these limits through a case study, the paper offers a framework identifying success factors for open innovation and their hierarchical relationships. We classified these success factors into six groups, design, implementation, technology, operation, community readiness, and community development, and their relationships into four groups, deployment, engagement, evaluation, and governance. This framework and the accompanying propositions offer a better theoretical understanding of open innovation models and provide practical recommendations toward their viability, survivability, scalability, and profitability. Lastly, the paper discusses possible research avenues for the further development of open innovation organizations. Keywords: Open innovation; Open innovation organization; Innovation sponsor; Innovation coordinator; Innovation community; Social product development; Failure; Limitations; Success factors (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:eee:techno:v:119:y:2023:i:c:s0166497222000736 DOI: 10.1016/j.technovation.2022.102526 Access Statistics for this article Technovation is currently edited by Jonathan Linton More articles in Technovation from Elsevier |
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