Open innovation ecosystems

Llewellyn D.W. Thomas and Paavo Ritala

Chapter 31 in Elgar Encyclopedia of Innovation Management, 2025, pp 117-122 from Edward Elgar Publishing

Abstract: Defined as a community of hierarchically independent yet interdependent heterogeneous actors around a focal firm who facilitate innovation through cross-boundary knowledge flows, the open innovation ecosystem extends scholarly understanding of open innovation. In particular, the open innovation ecosystem broadens the scope of inquiry of knowledge flows from inside-in, inside-out, and outside-in modes of open innovation to include an outside-out mode. In doing so, the open innovation ecosystem extends the literature on innovation ecosystems more generally, as well as providing a powerful new analytical perspective for open innovation scholars and practitioners.

Keywords: Open innovation; Open innovation ecosystem; Ecosystem; Knowledge; Knowledge ecosystem; Knowledge flows (search for similar items in EconPapers)
Date: 2025
ISBN: 9781035306442
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