The Interplay of Digital Technologies and the Open Innovation Process: Benefits and Challenges

Pierre-Jean Barlatier, Anne-Laure Mention, Avni Misra, Anne-Laure Mention and Marko Torkkeli

Chapter 1 in Managing Digital Open Innovation, 2020, pp 1-34 from World Scientific Publishing Co. Pte. Ltd.

Abstract: Innovating organizations are adopting and quickly implementing the open innovation (OI) approach for developing new products and services. There is a growing need to improve the process, to achieve faster and better outcomes. The integration of disruptive digital technologies (DTs) into the innovation processes bolsters the development of new business models, innovation processes, and ecosystems. However, there is limited information regarding the management of a digitalized OI process, and the role of different DTs across the stages of the innovation process. A conceptualized framework has been established, which integrates different DTs, and maps them across the stages of the OI process. The framework identifies the links between different dimensions and attributes of different DTs, such as big data, the IoT, cloud computing, artificial intelligence, blockchain and social media, and the stages of the OI process. The framework also provides a consolidated approach for understanding the benefits and challenges of different DTs across the OI process.

Keywords: Open Innovation; Digital Disruption; Industry 4.0; Data-Driven Decision; Value Networks; Organizational Agility; Digital Design; Collaboration; Innovation Policy; Social Media; Open Strategy (search for similar items in EconPapers)
JEL-codes: O31 O32 (search for similar items in EconPapers)
Date: 2020
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Citations: View citations in EconPapers (2)

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