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  2. Jan 10, 2018 · This article describes the state of open innovation at the intersection of research, practice, and policy. It discusses some key trends (e.g., digital transformation), challenges (e.g., uncertainty), and potential solutions (e.g., EU funding programs) in the context of open innovation and innovation policy.

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      This article describes the state of open innovation at the...

  3. Mar 28, 2020 · OPEN INNOVATION THEORY: DEFINITION, INSTRUMENTS, FRAMEWORKS. March 2020. Strategic decisions and risk management 10 (4):396-409. DOI: 10.17747/2618-947X-2019-4-396-409. License. CC BY....

  4. Open innovation is a term used to promote an information age mindset toward innovation that runs counter to the secrecy and silo mentality of traditional corporate research labs.

  5. Feb 8, 2024 · It brings together 48 chapters on academic aspects of the theory, and 9 chapters that show Open Innovation in practice in different industries. The empirical, conceptual, and practical insights of the Handbook highlight the importance of strengthening practice-inspired research, and purposeful knowledge exchanges between individuals ...

  6. Summary. Open Innovation, published in 2003, was a ground-breaking work by Henry Chesbrough that placed technology and innovation at the center of attention for managers of large firms. The term open innovation refers to the ways in which firms can generate and commercialize innovation by engaging outside entities.

  7. Jan 1, 2023 · Transaction theory is used with a resource-based view to understand the cost of open innovation. • The limits to open innovation differ across industries. • Open innovation is more limited in the creative industries than in other industries. • Limits to open innovation increase in international networks.

  8. Through a comprehensive review of the literature on open innovation (OI), this study aimed to achieve two objectives: (1) to identify the main thematic areas discussed in the past and track their evolution over time; and (2) to provide recommendations for future research avenues. Design/methodology/approach.