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Open innovation in Russian firms: an empirical investigation of technology commercialisation and acquisition

Author

Listed:
  • Daria Podmetina
  • Juha Vaatanen
  • Marko T. Torkkeli
  • Maria M. Smirnova

Abstract

The open innovation paradigm suggests that while the costs of innovation and R&D are rising and, at the same time, the life cycles of products are shortening, firms need new and more open business models (BMs) to gain cost and time saving by using also external R&D and to receive new revenues from internal invention sitting on a shelf by external commercialisation channels. Based on study of R&D oriented Russian companies (survey of over 150 companies, 2008), we investigate BMs companies are applying when trade on technology/innovation. Innovations are developing fast in Russia. This paper aims to classify companies based on their strategies in acquisition and commercialisation of technologies; form and analyse the clusters. Based on the previous survey and the current study, we develop a model, how Russian companies explore for knowledge/innovation/technology circulation.

Suggested Citation

  • Daria Podmetina & Juha Vaatanen & Marko T. Torkkeli & Maria M. Smirnova, 2011. "Open innovation in Russian firms: an empirical investigation of technology commercialisation and acquisition," International Journal of Business Innovation and Research, Inderscience Enterprises Ltd, vol. 5(3), pages 298-317.
    • Handle: RePEc:ids:ijbire:v:5:y:2011:i:3:p:298-317
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    Citations

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    Cited by:

    1. Jens K. Perret, 2019. "Re-Evaluating the Knowledge Production Function for the Regions of the Russian Federation," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 10(2), pages 670-694, June.
    2. Jens K. Perret, 2016. "A Spatial Knowledge Production Function Approach for the Regions of the Russian Federation," EIIW Discussion paper disbei217, Universitätsbibliothek Wuppertal, University Library.
    3. Jens K. Perret, 2016. "An Alternative Approach towards the Knowledge Production Function on a Regional Level - Applications for the USA and Russia," Schumpeter Discussion Papers SDP16003, Universitätsbibliothek Wuppertal, University Library.

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