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Open Innovation: Organizational Challenges of a New Paradigm of Innovation Management

Author

Listed:
  • José López RODRÍGUEZ
  • Antonio García LORENZO

    (University of A Coruna, Campus de Elvina, A Coruna (Spain))

Abstract

The goal of this paper is to analyze the main problems that emerge from the open innovation model. Adopting as analytical framework an organizational perspective we divide the main challenges that arise from the management of open innovation in two main categories: coordination problems as a result of open the innovation system to ideas and knowledge that may lie outside the boundaries of the firm and, incentive problems related with the creation and value capture of ideas an knowledge by the innovator. We describe and analyze several problems related with coordination and incentives.

Suggested Citation

  • José López RODRÍGUEZ & Antonio García LORENZO, 2010. "Open Innovation: Organizational Challenges of a New Paradigm of Innovation Management," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 3, pages 99-110, November.
  • Handle: RePEc:cbu:jrnlec:y:2010:v:3:p:99-110
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    Cited by:

    1. is not listed on IDEAS
    2. Santos, Antonio Bob, 2015. "Open Innovation research: trends and influences – a bibliometric analysis," MPRA Paper 67648, University Library of Munich, Germany.
    3. repec:ers:journl:v:xvi:y:2013:i:sisme:p:57-70 is not listed on IDEAS
    4. Waseem Ul Hameed & Muhammad Farhan Basheer & Jawad Iqbal & Ayesha Anwar & Hafiz Khalil Ahmad, 2018. "Determinants of Firm’s open innovation performance and the role of R & D department: an empirical evidence from Malaysian SME’s," Journal of Global Entrepreneurship Research, Springer;UNESCO Chair in Entrepreneurship, vol. 8(1), pages 1-20, December.
    5. Puliga, Gloria & Urbinati, Andrea & Franchin, Enrico Maria & Castegnaro, Stefano, 2023. "Investigating the drivers of failure of research-industry collaborations in open innovation contexts," Technovation, Elsevier, vol. 119(C).
    6. Karel HavlÃ­Ä ek & Eleftherios Thalassinos & Liliana Berezkinova, 2013. "Innovation Management and Controlling in SMEs," European Research Studies Journal, European Research Studies Journal, vol. 0(4), pages 57-70.

    More about this item

    Keywords

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    JEL classification:

    • M12 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Personnel Management; Executives; Executive Compensation

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