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 Practices and Their Effect on Innovation Performance

It is argued that industry is entering a new era of “open innovation”; in which investments in internal R&D are supplemented or even substituted by extensive use of external knowledge sourcing and paths to commercialization. This paper analyses  innovation practices across Austria, Belgium, Denmark and Norway to assess its benefits and impact on business performance.

The analysis is based on Community Innovation Survey (CIS) data collated by national statistical offices throughout the European Union, Norway and Iceland. The surveys are designed to give information on the innovativeness of different sectors and regions.

This paper develops an indicator framework for examining open innovation practices and their impact on performance and revealed some interesting findings:

  • Open innovation matters – open innovation practices have a strong impact on innovation performance.
  • A broad based, holistic approach to open innovation may give greater returns than a deep focus on a single aspect – the overall strategies are more important than individual dimensions of open innovation.
  • A strong internal capacity is still important – internal investments are still important for innovative performance, stressing that open innovation is not a substitute for internal knowledge building.

To read more:

Open Innovation Practices and Their Effect on Innovation Performance by Bernd Ebersberger, Carter Bloch, Sverre J. Herstad, Els Van De Velde, 2012, International Journal of Innovation and Technology Management, World Scientific

Recommended by Prof Tugrul Daim, post by R&D Today admin.

Bernd EbersbergerCarter BlochEls Van De Veldeopen innovationSverre J. Herstad
Previous PostBuilding Innovation Capabilities
Next PostForecasting emerging technologies: Use of bib...
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
  • Open Innovation between established and emerging bio-pharmaceuticals
  • Direct coaching supports SMEs with inbound knowledge transfer from university
  • Reinventing supplier innovation relationships – nine key findings
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
  • Open Innovation the Chinese way
  • Ten ways to design successful corporate startup collaborations
  • Collaborative innovation in a time of social distancing – 5 things we now know
Tools
  • Innovation Fitness Test - a tool to help scoring
    John Bessant recommends this tool developed by colleagues in Canada which helps with using...
  • Would an analogy help?
    nalogies are a useful tool for creative problem solving, to help one move away...
  • 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...
  • Paul Barrett
    Tools support objective discussion of portfolio strategy
    Paul Barrett is part of a RADMA working group providing a selection of recommended...
  • Green Check Your Idea
    “Green Check Your Idea” – assess the environmental impact of innovation ideas
    The Green Check Your Idea tool helps innovation managers prepare an initial assessment of...
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.