Abstract
Original language | English |
---|---|
Pages (from-to) | 15-37 |
Journal | Journal of Evolutionary Studies in Business |
Volume | 1 |
Issue number | 1 |
DOIs | |
Publication status | Published - Jan 2016 |
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Keywords
- open innovation
- external knowlegde sourcing
- learning from foreign environments
- corporate incubators
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Organizing for Innovation. / Eckblad, Joshua; Golovko, Elena.
In: Journal of Evolutionary Studies in Business, Vol. 1, No. 1, 01.2016, p. 15-37.Research output: Contribution to journal › Article › Scientific › peer-review
TY - JOUR
T1 - Organizing for Innovation
AU - Eckblad, Joshua
AU - Golovko, Elena
PY - 2016/1
Y1 - 2016/1
N2 - Knowledge diffusion and knowledge externalities are important sources of economic growth. It is becoming increasingly difficult to maintain competitive advantage through the pursuit of internal R&D alone, due to changing business environments and the acceleration of technology development, as well as the increasing costs associated with R&D activities. Consequently, firms purposefully search for novel knowledge outside their boundaries, adopting an “open innovation” approach. In this paper, we focus on external knowledge sourcing strategies and discuss the challenges that firms encounter in managing interorganizational collaborations that such external sourcing implies. In particular, we focus on two ways to organize external knowledge sourcing: learning from foreign environments and the use of corporate incubators as a part of corporate venturing strategy. We conclude by highlighting possible topics for review articles including knowledge exchange and external knowledge sourcing strategies; performance effects of different knowledge sourcing strategies; new organizational forms for managing innovation processes within and between firms.
AB - Knowledge diffusion and knowledge externalities are important sources of economic growth. It is becoming increasingly difficult to maintain competitive advantage through the pursuit of internal R&D alone, due to changing business environments and the acceleration of technology development, as well as the increasing costs associated with R&D activities. Consequently, firms purposefully search for novel knowledge outside their boundaries, adopting an “open innovation” approach. In this paper, we focus on external knowledge sourcing strategies and discuss the challenges that firms encounter in managing interorganizational collaborations that such external sourcing implies. In particular, we focus on two ways to organize external knowledge sourcing: learning from foreign environments and the use of corporate incubators as a part of corporate venturing strategy. We conclude by highlighting possible topics for review articles including knowledge exchange and external knowledge sourcing strategies; performance effects of different knowledge sourcing strategies; new organizational forms for managing innovation processes within and between firms.
KW - open innovation
KW - external knowlegde sourcing
KW - learning from foreign environments
KW - corporate incubators
U2 - 10.1344/jesb2016.1.j002
DO - 10.1344/jesb2016.1.j002
M3 - Article
VL - 1
SP - 15
EP - 37
JO - Journal of Evolutionary Studies in Business
JF - Journal of Evolutionary Studies in Business
SN - 2385-7137
IS - 1
ER -