Understanding the main drivers of value creation in an open innovation program

被引：0
作者：
Rubén Herskovits
Mercedes Grijalbo
Javier Tafur
机构：
[1] Universidad Politécnica de Madrid,Department of Industrial Organization, Business Administration and Statistics, School of Industrial Engineering
[2] Universidad Politécnica de Madrid,Department of Industrial Organization, Business Administration and Statistics, School of Space and Aeronautical Engineering
来源：
International Entrepreneurship and Management Journal | 2013年 / 9卷
关键词：
Open innovation; Value creation; Value drivers; Value-based management; Corporate venture capital;
D O I：
暂无
中图分类号：
学科分类号：
摘要：
Innovation has been identified as the single most relevant element in fuelling corporations’ competitive advantage and ultimate value creation. Corporations no longer rely on a single, linear structure of innovation; the new paradigm of open innovation opens up new possibilities of organizing innovation within the ecosystem, thus giving rise to new drivers for value creation. These value drivers have an impact on the strategic position of the firm and have the ability to create superior financial performance. In this paper we explore the close relationship between open innovation and value creation and propose a framework to analyze this process as well as the most critical elements involved.
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页码：631 / 640
页数：9
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