Business, Management and Accounting
2 years ago

Unlocking Innovation Potential: How Open Innovation Shapes Future Business Success.

Lecture notes in computer science
Value Creation and Value Acquisition Under Open Innovation--Theoretical Review and Future Research Directions
Guangzong Liu

Paper Summary

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The article discusses how open innovation models need to balance creating and acquiring value for all participants in the network. It reviews different aspects like how companies innovate, possess technology, organize, and create value networks. The researchers suggest future research should focus on how small businesses innovate in open settings.