OPEN INNOVATION ADOPTION PRACTICES AND EVALUATION METHODS IN THE GLOBAL PROCESS INDUSTRY

Jarkko Pellikka, Miika Kajanus and Marko Seppänen

Chapter 8 in Open Innovation: A Multifaceted Perspective:(In 2 Parts), 2016, pp 181-205 from World Scientific Publishing Co. Pte. Ltd.

Abstract: Inter-organisational collaboration is crucial for Open Innovation adoption in order to realise, in practice, the potential benefits of the concept. However, the number of empirical studies on the activities and processes that contribute to Open Innovation adoption is relatively limited. Therefore, this chapter provides empirical evidence from the global process industry, where we have defined, tested and utilised the standardised process, evaluation methodologies and tools that engage several collaborators to improve the key business process performance of their firms. The results show that the standardised process can provide several concrete business results for the management, and can efficiently promote the adoption of Open Innovation, as well as the utilisation of the firm's tacit knowledge to further improve the business performance.

Keywords: Open Innovation; Innovation Management; Innovation Economics; Crowdsourcing; Living Labs; Ecosystems; Skills and Competencies; Quadruple Helex Model; Communities of Practice; Strategy; Open Data; Multidisciplinary (search for similar items in EconPapers)
Date: 2016
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