Skip to main content
Disciplines
Automotive Business IT + Informatics Construction + Real Estate Electrical Engineering + Electronics Energy + Sustainability Insurance + Risk Finance + Banking Management + Leadership Marketing + Sales Mechanical Engineering + Materials
Events
DE
EN
Books
Journals
Topic Page
Marketing
Start single access now
Access for companies
EXTENDED SEARCH
Log in
Top
Published in:
Cover of the book

2017 | OriginalPaper | Chapter

1. Introduction

Author : JinHyo Joseph Yun

Published in: Business Model Design Compass

Publisher: Springer Singapore

Log in

Activate our intelligent search to find suitable subject content or patents.

search-config
loading …

Abstract

Here, I begin by discussing the requirements of open innovation, after which I start to develop our idea from the open innovation to the business model developing circle. Next, I discuss how to vitalize open innovation conceptually. Diverse strategies to motivate open innovation will be discussed following this. Third, we look into the locus of open innovation. I will find ways to combine the technology and the market from the locus of open innovation, that is, to say, forge a creative business model. Lastly, I will explain how to measure open innovation. I can understand the reality of open innovation and the business model from concrete measures.

Dont have a licence yet? Then find out more about our products and how to get one now:

Springer Professional "Wirtschaft+Technik"

Online-Abonnement

Mit Springer Professional "Wirtschaft+Technik" erhalten Sie Zugriff auf:

  • über 102.000 Bücher
  • über 537 Zeitschriften

aus folgenden Fachgebieten:

  • Automobil + Motoren
  • Bauwesen + Immobilien
  • Business IT + Informatik
  • Elektrotechnik + Elektronik
  • Energie + Nachhaltigkeit
  • Finance + Banking
  • Management + Führung
  • Marketing + Vertrieb
  • Maschinenbau + Werkstoffe
  • Versicherung + Risiko

Jetzt Wissensvorsprung sichern!

inform now

Springer Professional "Technik"

Online-Abonnement

Mit Springer Professional "Technik" erhalten Sie Zugriff auf:

  • über 67.000 Bücher
  • über 390 Zeitschriften

aus folgenden Fachgebieten:

  • Automobil + Motoren
  • Bauwesen + Immobilien
  • Business IT + Informatik
  • Elektrotechnik + Elektronik
  • Energie + Nachhaltigkeit
  • Maschinenbau + Werkstoffe




 

Jetzt Wissensvorsprung sichern!

inform now

Springer Professional "Wirtschaft"

Online-Abonnement

Mit Springer Professional "Wirtschaft" erhalten Sie Zugriff auf:

  • über 67.000 Bücher
  • über 340 Zeitschriften

aus folgenden Fachgebieten:

  • Bauwesen + Immobilien
  • Business IT + Informatik
  • Finance + Banking
  • Management + Führung
  • Marketing + Vertrieb
  • Versicherung + Risiko




Jetzt Wissensvorsprung sichern!

inform now
next chapter Dynamics of the Open Innovation Economy System
Literature
Alexander RD (1987) The biology of moral systems. Transaction Publishers, Piscataway
Arrow K (1962) Economic welfare and the allocation of resources for invention. The rate and direction of inventive activity: economic and social factors, Nber. UMI, Ann Arbor, pp 609–626
Auerswald PE, Branscomb LM (2003) Valleys of death and Darwinian seas: financing the invention to innovation transition in the United States. J Technol Transf 28(3–4):227–239CrossRef
Axelrod R (1986) An evolutionary approach to norms. Am Polit Sci Rev 80(4):1095–1111CrossRef
Axelrod R, Hamilton WD (1981) The evolution of cooperation. Science 211(4489):1390–1396CrossRef
Bianchi M, Cavaliere A, Chiaroni D, Frattini F, Chiesa V (2010) Organisational modes for open innovation in the bio-pharmaceutical industry: an exploratory analysis. Technovation 31(1):22–33CrossRef
Calia RC, Guerrini FM, Moura GL (2007) Innovation networks: from technological development to business model reconfiguration. Technovation 27(8):426–432CrossRef
Cave J (1984) A formal analysis of the evolution of cooperation. RAND Corporation, Santa Monica
Chesbrough HW (2003) Open innovation: the new imperative for creating and profiting from technology. Harvard Business Press, Boston
Chesbrough H (2012) Why companies should have open business models. MIT Sloan Manag Rev 48(2):22–28
Chesbrough H, Vanhaverbeke W, West J (2006) Open innovation: a new paradigm for understanding industrial innovation. Open innovation: Researching a new paradigm. Oxford University Press, Cary, New York
Chiaroni D, Chiesa V, Frattini F (2010) Unravelling the process from closed to open innovation: evidence from mature, asset-intensive industries. R&D Manag 40(3):222–245
Chiaroni D, Chiesa V, Frattini F (2011) Open innovation journey: how firms dynamically implement the emerging innovation management paradigm. Technovation 31(1):34–43CrossRef
Dosi G, Malerba F, Ramello GB, Silva F (2006) Information, appropriability, and the generation of innovative knowledge four decades after Arrow and Nelson: an introduction. Ind Corp Chang 15(6):891–901CrossRef
Elberse A (2008) Should you invest in the long tail? Harv Bus Rev 86(7/8):88
Foray D, Lundvall B-A (1998) The knowledge-based economy: from the economics of knowledge to the learning economy. Econ Impact Knowl:115–121
Freeman C (2011) Technology, inequality and economic growth. Innov Dev 1(1):11–24CrossRef
Gumus B, Cubukcu A (2011) Open innovation survey in top Turkish companies. Proceedings of PICMET technology management in the energy smart world, Portland, Oregon, 31 July–4 Aug, pp 1–6
Harinarayan V, Rajaraman A, Ranganathan A (2010) Hybrid machine/human computing arrangement: Google Patents
Hartman P, Bezos JP, Kaphan S, Spiegel J (1999) Method and system for placing a purchase order via a communications network: Google Patents
Howkins J (2002) The creative economy: how people make money from ideas. Penguin, London
Hughes B, Wareham J (2010) Knowledge arbitrage in global pharma: a synthetic view of absorptive capacity and open innovation. R&D Manag 40(3):324–343CrossRef
IIi S, Albers A, Miller S (2010) Open innovation in the automotive industry. R&D Manag 40(3):246–255CrossRef
Joshi N (1987) Evolution of cooperation by reciprocation within structured demes. J Genet 66(1):69–84CrossRef
Kim SK (2009) Is open innovation a new innovation methodology?: a critical review on Chesbrough’s open innovation theory. Technology Innovation Research, The Korean Society for Innovation Management & Economics, 99–133
Laherrere J, Sornette D (1998) Stretched exponential distributions in nature and economy: “fat tails” with characteristic scales. Eur Phys J B 2(4):525–539CrossRef
Laursen K, Salter A (2006) Open for innovation: the role of openness in explaining innovation performance among UK manufacturing firms. Strateg Manag J 27(2):131–150CrossRef
Leimar O, Hammerstein P (2001) Evolution of cooperation through indirect reciprocity. Proc R Soc London Ser B: Biol Sci 268(1468):745–753CrossRef
Lee HH, Bae KS, Lee JW, In YY, Kwon TH, Lee WW (2016) Valuation method by regression analysis on real royalty -related data by using multiple input descriptors in royalty negotiations in Life Science area-focused on anticancer therapies. J Open Innov; Technology, Market, and Complexity 2(21):1–22CrossRef
Levinthal D, Rerup C (2006) Crossing an apparent chasm: bridging mindful and less-mindful perspectives on organizational learning. Organ Sci 17(4):502–513CrossRef
Li J (2010) Research on the mechanism of hi-tech enterprises’ open innovation on the basis of knowledge chain. Proceedings of the IEEE international conference on advanced management science, Chengdu, 9–11 July, pp 163–167
Li Q, Yu X, Jin J, Chen J (2010) Open innovation in Cinese SMEs: a case study. In: Proceedings of the IEEE international conference on management of innovation and technology, Furama RiverFront, Singapore, 2–5 June, pp 726–730
Lichtenthaler U (2009) Outbound open innovation and its effect on firm performance: examining environmental influences. R&D Manag 39(4):317–330CrossRef
Lichtenthaler U (2010) Technology exploitation in the context of open innovation: finding the right “job” for your technology. Technovation 30(7):429–435CrossRef
Lotem A, Fishman MA, Stone L (1999) Evolution of cooperation between individuals. Nature 400(6741):226–227CrossRef
Markusen A, Wassall GH, DeNatale D, Cohen R (2008) Defining the creative economy: industry and occupational approaches. Econ Dev Q 22(1):24–45CrossRef
May J, Flint I (2009) Method and apparatus for facilitating online payment transactions in a network-based transaction facility using multiple payment instruments: Google Patents.
McDonough JF III (2006) Myth of the patent troll: an alternative view of the function of patent dealers in an idea economy. Emory Law J 56:189
McGill JP, Santoro MD (2009) Alliance portfolios and patent output: the case of biotechnology alliances. IEEE Trans Eng Manag 56(30):388–401CrossRef
Moore GA (2002) Crossing the chasm: marketing and selling disruptive products to mainstream customers. HarperCollins, New York
Moran N (2007) Public sector seeks to bridge “valley of death”. Nat Biotechnol 25(3):266–266CrossRef
Nowak MA, Sigmund K (1998) Evolution of indirect reciprocity by image scoring. Nature 393(6685):573–577CrossRef
Nowak MA, May RM, Sigmund K (1995) The arithmetics of mutual help. Sci Am 272(6):76–81CrossRef
Porter ME (1985) Competitive advantage. Free Press, New York
Rai A, Reichman J, Uhlir P, Crossman C (2008) Pathways across the valley of death. Yale J Health Policy Law Ethics 8:1–36
Rapoport A (1965) Prisoner’s dilemma: a study in conflict and cooperation. University of Michigan Press, Ann ArborCrossRef
Risch M (2012) Patent troll myths. Seton Hall Law Rev 42:457–500
Shove E (1998) Gaps, barriers and conceptual chasms: theories of technology transfer and energy in buildings. Energ Policy 26(15):1105–1112CrossRef
Spithoven A, Clarysee B, Knockaert M (2011) Building absorptive capacity to organise inbound open innovation in traditional industries. Technovation 30(2):130–141CrossRef
Sroufe R, Curkovic S, Montabon F, Melnyk SA (2000) The new product design process and design for environment: “crossing the chasm”. Int J Oper Prod Manag 20(2):267–291CrossRef
Steiner A, Morel L, Camargo M (2012) Toward autonomy of ideas: conceptual framework of open innovation. Proceedings of the 18th international conference on engineering, technology and innovation, ICE, Munich, 18–20 June, pp 1–11
Stokes DE (1997) Pasteur’s quadrant: basic science and technological innovation. Brookings Institution Press, Washington, DC
Taylor M (1976) Anarchy and cooperation. Wiley, London/New York
Teece DJ, Pisano G, Shuen A (1997) Dynamic capabilities and strategic management. Strateg Manag J 18(7):509–533CrossRef
Trivers RL (1971) The evolution of reciprocal altruism. Q Rev Biol 46(1):35–57CrossRef
Tushman M, O’Reilly C (2007) Research and relevance: implications of Pasteur’s quadrant for doctoral programs and faculty development. Acad Manag J 50(4):769–774CrossRef
Vad de Vrande V, De Jong JP, Vahaverbeke W, De Rochemont M (2009) Open innovation in SMEs: Trends, motives and management challenges. Technovation 29(6):423–437CrossRef
Wedekind C, Milinski M (2000) Cooperation through image scoring in humans. Science 288(5467):850–852CrossRef
West J, Gallagher S (2006) Challenges of open innovation: the paradox of firm investment in open-source software. R&D Manag 36(3):319–331CrossRef
Yang J, Anderson T (2011) How open innovation strategy is reflected in the firms R&D efficiency DEA ranking?. Proceedings of the PICMET technology management in the energy smart world, Portland, Oregon, 31 July–4 Aug, pp 1–9
Yang JH, Yun JHJ (2014) New perspectives on open innovation from game theory: the Prisoners’ dilemma and the ultimatum game. Asia Pac J Innov Entrep 8(1)
Yun JHJ (2010) Management of open innovation foundation policies. Republic of Korea, Book & World
Yun JHJ, Mohan AV (2012) Exploring open innovation approaches adopted by small and medium firms in emerging/growth industries: case studies from Daegu–Gyeongbuk region of South Korea. Int J Technol Policy Manage 12(1):1–19CrossRef
Yun JHJ, Park SM (2012) Open innovation and performance of SMEs: comparison between Daegu/Gyeongbuk and other regions. J Bus Econ 28(1):1–22
Yun JHJ, Kim BT, Mohan AV (2009) Evaluating R&D management systems: strengths and weaknesses of universities and government-funded research institutes. Int J Technol Policy Manage 9(3):235–255CrossRef
Yun JHJ, Park SM, Jung WY (2012) A study on the geographical boundary and location of open innovation. J Innov Clust 4(1):17–43
Yun JHJ, Won DK, Jung WY (2013). OCE: a new economic model of the dynamics of open innovation, applied to the smartphone sectors of Samsung, Apple, and Nokia. Proceeding of the R&D Management conference in Manchester
Yun JHJ, Won DK, Jung WY (2016) Dynamics from open innovation to evolutionary change. J Open Innov Technol Market Complex 2(7):1–22
Yun JHJ, Park S, Lim DW, Hahm SD (2010) Emergence of east Asian TFT-LCD clusters: a comparative analysis of the Samsung cluster in South Korea and the Chimei cluster in Taiwan. Asian J Technol Innov 18(1):201–228CrossRef
Yun JJ, Avvari AV, Jeong ES, Lim DW (2014) Introduction of an objective model to measure open innovation and its application to the information technology convergence sector. Int J Technol Policy Manage 14(4):383–400CrossRef
Yun JHJ, Won DK, Jeong ES, Park KB, Yang JH, Park JY (2016) The relationship between technology, business model, and market in autonomous car and intelligent robot industries. Technol Forecast Soc Chang 103(6):142–155CrossRef
Zott C, Amit R (2008) The fit between product market strategy and business model: implications for firm performance. Strateg Manag J 29(1):1–26CrossRef
Metadata
Title
Introduction
Author
JinHyo Joseph Yun
Copyright Year
2017
Publisher
Springer Singapore
Book
Business Model Design Compass

Print ISBN: 978-981-10-4126-6

Electronic ISBN: 978-981-10-4128-0

Copyright Year: 2017

DOI
https://doi.org/10.1007/978-981-10-4128-0_1