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Trust Is Good, Control Is Better - An Open Innovation-Controlling for SME

In: Automation, Communication and Cybernetics in Science and Engineering 2011/2012

Author

Listed:
  • Jessica Koch

    (RWTH Aachen University, IMA/ZLW)

  • Eckart Hauck

    (RWTH Aachen University, IMA/ZLW)

  • Ingrid Isenhardt

    (RWTH Aachen University, IMA/ZLW)

Abstract

Until now the practical work concerning Open Innovation was focused on the conceptual and use-oriented field. Both the methods and their potentials are depicted but there is no research on the cost-effectiveness of Open Innovation and the applicability of its methods – especially in Small and Medium Enterprises (SME). Currently SME have no instrument helping them to decide whether they should adopt Open Innovation. Hence it is necessary to create such an instrument to give the SME support to decide if “the formal discipline and practice of leveraging the discoveries of others as input for the innovation process through formal and informal relationships” [RP08] is worthwhile. In this paper the research project “Invoice – Efficiency of Open Innovation for Small and Medium-sized Enterprises” is presented. Within this project the Institute for Management Cybernetics e.V. (IfU) and the Technology and Innovation Management Group (TIM) at RWTH Aachen University develop an instrument to control Open Innovation-methods in SME.

Suggested Citation

  • Jessica Koch & Eckart Hauck & Ingrid Isenhardt, 2013. "Trust Is Good, Control Is Better - An Open Innovation-Controlling for SME," Springer Books, in: Sabina Jeschke & Ingrid Isenhardt & Frank Hees & Klaus Henning (ed.), Automation, Communication and Cybernetics in Science and Engineering 2011/2012, edition 127, pages 97-104, Springer.
  • Handle: RePEc:spr:sprchp:978-3-642-33389-7_8
    DOI: 10.1007/978-3-642-33389-7_8
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