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Open Innovation (Integration (Absorptive Capacity (Reduced Need for…
Open Innovation
Integration
Absorptive Capacity
Reduced Need for Collaborations
Increases Need for Collaborations
Business Model
Substitution
Culture
Ideas to support culture of innovation
Not Invented Here Syndrome
Risk Taking
Resources
R&D Function
Financial Performance
Tech Spend (Closed v Open Innovation)
Outcomes (Closed v Open Innovation)
Net Impact of Technology Alliance Approch
Financial Performance of Other Approaches to Open Innovation
Interaction
User Community
Benefits
Improved Learning
Enhanced Reputation
Lower Costs
Faster Innovation
Reduced Time-to-market
Costs
Hard to Differentiate
Loss of Secrecy
Loss of Control
Community Entry Barriers
Inertia
Risks
Industry Context
Legal/Regulations
Unsuitable Contributors
No Supporting Processes
Resistance to Change
Obtaining
Searching for external sources of innovation
Sourcing from External stakeholders
Faciliating External Searches
Limits to searches
Acquiring innovation from external sources
Enabling and filtering innovation from external sources
Different innovation types, e.g. Market vs Tech innovation suit different types of companies
Dynamic Capabilities - (Grimald 2013)
Sensing
Seizing
Reconfiguring