6533b831fe1ef96bd129915a
RESEARCH PRODUCT
Neo Open Innovation in the Digital Economy : Harnessing Soft Innovation Resources
Chihiro WatanabeYuji TouKuniko MoriyaPekka Neittaanmäkisubject
liiketoimintamallit020209 energy02 engineering and technologyBusiness modeldigital economydisruptive business modelhäiriötOrder (exchange)0502 economics and business0202 electrical engineering electronic engineering information engineeringMarginal productDisruptive innovationDigital economysoft innovation resourcesinnovaatioympäristöta512Industrial organizationOpen innovationta113neo-open innovationtransformation05 social sciencesuusi talousDilemmaInformation and Communications TechnologyBusiness050203 business & managementdescription
Successive increases in R&D that creates new functionality are essential for global competitiveness. However, unexpectedly, as a consequence of the two-faced nature of information and communication technology (ICT), excessive R&D results in a marginal productivity decline leading to a decrease in digital value creation. In order to overcome such a dilemma, global ICT firms have been endeavoring to transform themselves into disruptive business model. Neo open innovation that harnesses soft innovation resources may be a solution to this critical question. On the basis of an empirical analysis focusing on forefront endeavors to this dilemma by global ICT firms, this paper attempted to demonstrate the above hypothetical view. Noteworthy findings suggestive to transforming the traditional business model into disruptive innovation that satisfies people’s demand corresponding to their shift in preferences in the digital economy is thus provided. In addition, a new concept for R&D resources in the digital economy is postulated. peerReviewed
| year | journal | country | edition | language |
|---|---|---|---|---|
| 2018-11-30 |