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Exploiting Open Innovation and Collaboration - Coggle Diagram
Exploiting Open Innovation and Collaboration
Potential benefits
increase the pool of knowledge
reduce reliance on limited internal knowledge
greater emphasis on capturing
rather than creating value
Challenges to apply
how to search for & identify relevant
knowledge sources
how to share or transfer such knowledge
first-mover advantages depend on
technology & market context
Common problems with alliances
share hard-earned technical & market knowledge
compromise product specification, development & strategy
danger of leakage of knowledge to third parties
Factors success of an alliance
alliance ‘champion’
exists
clear plan & milestones agreed
high trust between
partners, not contractual
Dimensions of trust
network - because I know &/or like you
competence - because I believe you have the skills & know how
problem if network>competence>commitment
Type of collaboration
subcontract
licensing
joint venture
network
Model for collaboration for innovation
design of alliance -> learning -> motives -> technology -> organization -> design of alliance