Search results for " open innovation"

Crowdsourcing as a mode of open innovation: Exploring drivers of success of a multisided platform through system dynamics modelling

2020

This article aims to explore drivers of success of a crowdsourcing platform. The study conceptualizes crowdsourcing as a mode of open innovation and places such a concept within the context of the sharing economy. Upon this framework, the paper analyses the case of InnoCentive, a successful crowdsourcing platform where innovation-driven organizations search for solutions to their R&D tasks. The system dynamics model frames main InnoCentive business processes and offers a causal perspective on the relationships between platform performance—in terms of users base—and resources structure. The discussion on simulation outputs is carried out through a dynamic performance management view of p…

Open innovation and firms performance: state of the art and empirical evidences from the bio-pharmaceutical industry

2016

The research presented in this paper explores the effect of inbound, outbound and coupled open innovation practices on firms' performances in the biopharmaceutical industry. Specifically, although existing researches on open innovation effectiveness have separately investigated the effect of open innovation practices on innovation and financial performance, this study evaluates the concurrent effect of these practices on both such performance dimensions in a single framework. We state the importance for a manager to explore concurrently the influence of specific open innovation practices both on innovation and economic-financial performance. We empirically test our framework on a sample of …

The transformation of R&D into neo open innovation- a new concept in R&D endeavor triggered by amazon

2019

Amazon was the world's top Research and Development (R&D) firm in 2017. Its R&D investment was double that of 2015, five times that of 2012, and ten times that of 2011. Such a rapid and notable increase in R&D investment has raised the question of a new R&D definition and focus in the digital economy, which Amazon insists includes both “routine or periodic alterations” (traditionally classified as non-R&D) and “significant improvement” (classified as R&D). Using an empirical analysis of Amazon's R&D model as a system, this paper attempts to provide a convincing answer to this question. It has been identified that Amazon, which is based on R&D as a culture, has been promoting companywide exp…

The effect of early or late R&D inbound alliance on innovation

2016

In the research-and-development (R&D) supply chain, firms can agree an inbound alliance at different times along the R&D process; this decision affects the supplier's effort and the innovation that firms achieve at the end of the agreement. Because the supplier's effort is not entirely observable, firms cannot enforce effort contractually. Early contracts demand greater effort and offer risk-sharing opportunities; in late contracts suppliers have a stronger ex-ante bargaining-power position because of the shorter (and less risky) contract length and the experience suppliers already have. This study argues that later inbound alliances allow a higher innovation value when both partner…

Analysis of Open Innovation Intermediaries Platforms by Considering the Smart Service System Perspective

2015

Abstract Open Innovation and Services Science are two distinct paradigms that share some principles 0. While some attempts to investigate open innovation according to a service science perspective exist, there is currently a gap with regards to the analysis of intermediaries of open innovation according to a service science perspective and even more regarding to recent trends about smart service system. This paper aims to fill this gap and, to this purpose, we present two interesting and original results. After an analysis of the key features of Open Innovation Intermediaries, we discuss a characterization of these intermediaries as service systems by mapping their features on the ten funda…

Choosing Open Innovation Intermediaries through their web-based platforms

2016

This paper examines the services provided by Open Innovation Intermediaries (OIIs) through their web-based platforms, in order to understand how OIIs can effectively support innovation seekers in their innovation processes. Relying on the existing literature exploring the roles and functions of web-based OII platforms, we carried out an exploratory and comparative qualitative study to identify the services available, to classify them by the various phases of the innovation processes in which they can be beneficial, and to link them to general roles and functions. Our analysis of the services provided by OII platforms sheds light on the dynamics of innovation seekers’ choices, and gives mean…

Sustainable user-driven innovation supporting Open Government policies- A System Dynamics perspective applied to the Municipality of Palermo-

Going beyond a technocratic e-government paradigm, this research aims at analyzing how, through the two-ways interaction supported by Web 2.0 technology, skilled external collaboration and knowledge-sharing between citizens and public administrations can offer new ways of citizen participation, enhancing political decision-making process and public value creation. Particularly, the purpose is to investigate how skilled citizens can serve as contributors to tasks that are traditionally performed by designated civil servants and now are outsourced to an undefined, generally large group of people, in the form of an open call for contributions. To this end, we have conducted a field research in…

Modulate research effort in inbound alliance

2014

We address the R&D supply chain where a customer wants to sign an R&D contract with a supplier in an inbound open innovation style. Supplier has to decide how much effort put on contract: effort is assumed as nonobservable then it cannot be constrained contractually. We model the R&D process like a staged one, which allows for both an early contract and a late one. The overall committed effort depends on the alliance timing: earlier contracts will ask for a greater cumulated effort although they offer risk-sharing opportunity. On the other hand, later contracts see supplier with a stronger ex-ante bargaining power position, due to shorter (and then less risky) contract length and experience…

How do I rule my solver’s relationship? An empirical investigation of governance structures in crowdsourcing contests

2016

In order to continually innovate, companies are increasingly opening their boundaries and signing crowdsourcing agreements with solution providers. However, crowdsourcing scholars are no closer to understanding how possible solvers’ opportunistic behaviours affect the governance structure proposed by the seeker at the moment the challenge is broadcast. Building on the managerial-choice approach of transaction cost economics, we aim to examine how contract conditions, specified in the request for proposal (RFP), aiming to reduce the effect of solver’s opportunistic behaviours whilst influencing seekers’ preferences toward proposing contractual agreements to manage the working relationship wi…

Harnessing soft innovation resources leads to neo open innovation

2019

Advancement of the digital economy has transformed the concept of the growth crossover in nations and firms, both concerning input and output. Advanced economies have been confronting a dilemma between input increases and output decreases. Contrary to traditional expectations, excessive increase in input has resulted in a productivity decline in output. A solution to this dilemma can only be expected by harnessing the vigor of soft innovation resources that lead to neo open innovation in the digital economy. This paper attempts to demonstrate this hypothetical view. Based on an empirical analysis of the development trajectories of 140 countries and 500 global ICT firms, dynamism, resulting …