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2017 | OriginalPaper | Buchkapitel

3. When Business Model Meets Open Innovation

verfasst von : Howard H. Yu

Erschienen in: Strategy and Communication for Innovation

Verlag: Springer International Publishing

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Abstract

This chapter will first examine why open innovation is increasingly common. Rather than a mere spread of management know-how across the field, I argue that it is the increasing connectivity that results in plummeting transaction cost, which in turn, has driven the widespread adoption. I will then examine what principles an organization must adhere when building the collaboration platform for open innovation before reaping maximum payoff. The analysis leads to testable propositions for future researches.

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Fußnoten
1
API are interfaces that allow other computer programs to make requests for services or exchange data.
 
2
For more details, please refer to Duhigg (2012) for a succinct explanation of the series of fascinating experiments conducted by Professor Mark Muraven at the University of Albany.
 
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Metadaten
Titel
When Business Model Meets Open Innovation
verfasst von
Howard H. Yu
Copyright-Jahr
2017
DOI
https://doi.org/10.1007/978-3-319-49542-2_3