Dynamics of Open Innovation

JinHyo Joseph Yun
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JinHyo Joseph Yun: Tenured Researcher of DGIST and Professor of Open Innovation Academy of SOItmC

Chapter 7 in Business Model Design Compass, 2017, pp 99-117 from Springer

Abstract: Abstract We created conceptual models that might be used to analyze and forecast the dynamic effects of open innovation. We then applied these models to the smartphone sector using a model-based analysis approach. In addition, we built an open innovation simulation model for the smartphone sector. The dynamic model of open innovation will link logic and concepts relating open innovation, complex adaptive systems, and evolutionary change. The model was used to analyze the dynamic effects of open innovation strategies and open innovation simulation for the selection of future strategies.

Keywords: Open innovation; Complex adaptive system; Evolutionary change; Smartphone (search for similar items in EconPapers)
Date: 2017
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Citations: View citations in EconPapers (14)

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Persistent link: https://EconPapers.repec.org/RePEc:spr:mgmchp:978-981-10-4128-0_7

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DOI: 10.1007/978-981-10-4128-0_7

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