logologologo
  • Home
  • About
    • Contributors
    • Guide for contributors
  • Themes
    • Roadmapping
    • Open Innovation
    • Managing the R&D pipeline
    • Technology Strategy
    • Managing international R&D
    • Ideation and creativity in R&D
    • Impact of digital technologies
    • The resurgence of frugal innovation
    • Design Thinking
    • Penetrating the fog of Agile
    • China’s Belt and Road Initiative, a new model for Open Innovation
  • Tools
  • News
    • R&D Today newsletter archive
  • Resources
  • Papers
  • Case Studies
  • Events
  • R&D Conference
  • Contact
  • Home
  • About
    • Contributors
    • Guide for contributors
  • Themes
    • Roadmapping
    • Open Innovation
    • Managing the R&D pipeline
    • Technology Strategy
    • Managing international R&D
    • Ideation and creativity in R&D
    • Impact of digital technologies
    • The resurgence of frugal innovation
    • Design Thinking
    • Penetrating the fog of Agile
    • China’s Belt and Road Initiative, a new model for Open Innovation
  • Tools
  • News
    • R&D Today newsletter archive
  • Resources
  • Papers
  • Case Studies
  • Events
  • R&D Conference
  • Contact

Open Innovation between established and emerging bio-pharmaceuticals

Early stage bio-pharmaceutical companies gain enhanced patenting performance through Open Innovation in contrast to the established companies, which experienced challenges. This is one of the findings by Despoina Filiou looking at OI and performance, in a paper “A new perspective on open innovation: established and new technology firms in UK bio-pharmaceuticals” published in R&D Management.

OI and performanceThe author cites research in the US bio-pharmaceuticals sectors that showed established technology companies enhanced their new product development and financial performance when they formed alliances with newcomers.

They acquired new core knowledge on product discovery, while leveraging their complementary resources.

When analysis the UK bio-pharmaceutical sector (1991-2001) Filiou found this was not the case in Britain.

The study looked the role of inbound, outbound and coupled OI on upstream and downstream activities and the impact on innovation performance :-

  • Inbound OI – this includes licensing and technology acquisition that enriches a corporate knowledge-base by bringing in ideas from outside.
  • Outbound OI – this includes licensing out a corporate’s technology, it can improve time to market and create a stream of profit but there is also the risk of creating competition from licensees.
  • Coupled OI and Innovation performance – this the the ability to leverage assets. It would be expected that established companies with a large resource-base would gain access to new markets.

The study found that contrary to expectations, established technology company innovation performance is negatively associated with downstream inbound and outbound OI. However for the newcomers downstream inbound OI enhances innovation, but only when this is in combination with upstream coupled OI.

The author concludes: “Our findings show that a deeper understanding is needed on the interplay between internal innovation processes, OI and firm processes to build internal capabilities and reconfigure competences in light of technological change.”

To read the full paper: “A new perspective on open innovation: established and new technology firms in UK bio-pharmaceuticals” Despoina Filiou. Department of Strategy and Marketing, The Open University Business School, R&D Management Volume51, Issue1, January 2021, Pages 73-86

 

coupled OIestablished technology companiesinbound knowledge transferInbound OIlicensingOIopen innovationOutbound OI
Previous PostAnswering the question "What is the value of ...
Next PostNew models of corporate incubation create 'en...
Search R&D Today
Search
Generic filters
Exact matches only
Search in title
Search in content
Search in excerpt
Filter by Article Type
Papers
Events
Tools
Funding Articles
Case Studies
Resources
Opportunities
Theme Editor Blogs
Filter by Categories
Business model innovation
Ideation and creativity in R&D
Latest news
Managing international R&D
Managing technology platforms
Managing the R&D pipeline
Open innovation
Outsourcing R&D
Project valuation and selection
R&D strategy
Roadmapping
Stage gate processes
Technology intelligence
View our newsletter archive
Theme Editor Blogs
  • Moonshots and megatrends observations from World Open Innovation Conference
  • Can openness enhance a firm’s performance in an economic downturn?
  • Making asymmetric partnerships work
Associated Papers
  • Direct coaching supports SMEs with inbound knowledge transfer from university
  • Reinventing supplier innovation relationships – nine key findings
  • How Air Products and Chemicals Inc overcame silo mentality
Resources
  • How to implement open innovation: Lessons from studying large multinational companies
  • Good Things in Small Packages – Open Innovation isn’t just for large firms
  • Top 20 Innovation Blogs of 2016
Related Posts
  • Ten ways to design successful corporate startup collaborations
  • Collaborative innovation in a time of social distancing – 5 things we now know
  • Open Innovation the Chinese way
Tools
  • Kano model of product or service features 2
    Improving Product Features: When is More Less?
    Different types of feature have different effects on customer satisfaction - analysis by Quality...
  • Would an analogy help?
    nalogies are a useful tool for creative problem solving, to help one move away...
  • portfolio tools
    Portfolio management tools and approaches
    The aim of portfolio management is to ensure that a sensible set of innovation...
  • Top Trumps with Joe De Sousa
    Using the game 'Top Trumps' as a communications tool
    Large R&D centric businesses have a huge asset in the vast experience that exists...
  • Radar-Roadmap-feat
    The Halo-Effect: Creating Impact Through “Good-looking“ Roadmaps
    Content is the essence of roadmapping. But the impact of impressive, professional visuals that...
Have Your Say…

Have Your Say / Follow Us

R&D Today is the outreach site for the Research and Development Management Association, a charitable organisation that supports research, best practice and innovation.  www.radma.net

Click here to sign up to our newsletter, and click here to view our newsletter archive.

Copyright R&D Today 2020. All rights reserved.