Open innovation: a ´swingers´ club´ or ´going steady´?

Carl Kock ()
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Carl Kock: Instituto de Empresa

Working Papers Economia from Instituto de Empresa, Area of Economic Environment

Abstract: The term Open Innovation has become popular in recent years to describe an approach to innovation that decidedly goes beyond the boundaries of a single organization by encouraging firms to pull together knowledge and creativity from a wide variety of parties. As such, Open Innovation evokes an image of firms working with a multitude of partners, always searching for new linkages that could enhance their innovative potential, or for the highest bidders for knowledge that they may wish to sell - in short, this is a "swingers club" of firms engaged in innovation.

Keywords: Strategic alliances; Survey; Open innovation (search for similar items in EconPapers)
Pages: 20 pages
Date: 2008-02
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