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Common resources in open innovation model as the competition driving agents

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  • Elzbieta Pohulak-Zoledowska

    (Wroclaw University of Economics)

Abstract

The hereby article is addressed to the problem of innovation in new, Academia rooted industries. The traditional models of innovation seem to fail, whilst R&D activity of companies is more and more risky, and expensive. An example of pharmaceutical industry is given here. Pharmaceutical (and especially biopharmaceutical) industry widely adopts the open innovation model in order to increase innovation. Opening of the innovation process is a novelty in these industries, as the secrecy and inward research activity have been the key features of Big Pharma’s success. Creation of common knowledge platform that enables the communication between researches makes the innovation environment more collaborative but also competitive. Common, open information platform lowers the cost of innovation and also, thanks to the researchers’ collaborative behavior, helps to face the big challenges of contemporary societies. The collaboration on the research phase does not exclude the competition. Those are companies that compete, as the prize is profit. Commonly built resources only facilitate the competition process.

Suggested Citation

  • Elzbieta Pohulak-Zoledowska, 2014. "Common resources in open innovation model as the competition driving agents," Ekonomia i Prawo, Uniwersytet Mikolaja Kopernika, vol. 13(4), pages 559-572, December.
    • Handle: RePEc:cpn:umkeip:v:13:y:2014:i:4:p:559-572
    DOI: 10.12775/EiP.2014.040
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    References listed on IDEAS

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    1. David M. Waguespack & Lee Fleming, 2009. "Scanning the Commons? Evidence on the Benefits to Startups Participating in Open Standards Development," Management Science, INFORMS, vol. 55(2), pages 210-223, February.
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    More about this item

    Keywords

    closed innovation; open innovation; R&D; the commons;
    All these keywords.

    JEL classification:

    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • I23 - Health, Education, and Welfare - - Education - - - Higher Education; Research Institutions
    • L21 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Business Objectives of the Firm

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