Economics at your fingertips  


Martin Curley and Bror Salmelin
Additional contact information
Martin Curley: Maynooth University
Bror Salmelin: Contents and Technology, EU Commission

Chapter Chapter 1 in Open Innovation 2.0, 2018, pp 1-14 from Springer

Abstract: Abstract Many people recognize that innovation is not just an imperative for economic and social progress but that it is an art and skill, which underpins progress and survival of the human species. We have all seen how industries such as the music and book industry, which existed relatively unchanged for decades, have been transformed through digital technologies. These changes have exemplified Schumpeter’s ‘creative disruption’ and Christensen’s ‘disruptive technologies’ where new players such as Amazon and Spotify have replaced incumbents such as HMV and Borders stores. As a global society, we are ready for the next stage of disruptive change as societal level systems such as those for smart cities, agriculture, energy, health, and transportation systems are set for digital disruption. Equally, many industries are ripe for digital disruption. The potential benefits are enormous and so also are the challenges. The innovations and changes which will be required to drive these transformations will require much collaboration and alignment across ecosystems and indeed society. The emerging paradigm of Open Innovation 2.0 (OI2) offers a series of design patterns to help innovators move efficiently and grasp this new opportunity of digital.

Date: 2018
References: Add references at CitEc
Citations: Track citations by RSS feed

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Ordering information: This item can be ordered from

DOI: 10.1007/978-3-319-62878-3_1

Access Statistics for this chapter

More chapters in Innovation, Technology, and Knowledge Management from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().

Page updated 2023-05-24
Handle: RePEc:spr:innchp:978-3-319-62878-3_1