The limits of open innovation: Failures, risks, and costs in open innovation practice and theory

Research output: Contribution to journal › Journal article › Research › peer-review

Standard

The limits of open innovation : Failures, risks, and costs in open innovation practice and theory. / Dabić, Marina; Daim, Tugrul; Bogers, Marcel L. A. M.; Mention, Anne Laure.

In: Technovation, Vol. 126, 102786, 2023.

Research output: Contribution to journal › Journal article › Research › peer-review

Harvard

Dabić, M, Daim, T, Bogers, MLAM & Mention, AL 2023, 'The limits of open innovation: Failures, risks, and costs in open innovation practice and theory', Technovation, vol. 126, 102786. https://doi.org/10.1016/j.technovation.2023.102786

APA

Dabić, M., Daim, T., Bogers, M. L. A. M., & Mention, A. L. (2023). The limits of open innovation: Failures, risks, and costs in open innovation practice and theory. Technovation, 126, [102786]. https://doi.org/10.1016/j.technovation.2023.102786

Vancouver

Dabić M, Daim T, Bogers MLAM, Mention AL. The limits of open innovation: Failures, risks, and costs in open innovation practice and theory. Technovation. 2023;126. 102786. https://doi.org/10.1016/j.technovation.2023.102786

Author

Dabić, Marina ; Daim, Tugrul ; Bogers, Marcel L. A. M. ; Mention, Anne Laure. / The limits of open innovation : Failures, risks, and costs in open innovation practice and theory. In: Technovation. 2023 ; Vol. 126.

Bibtex

@article{8c278a835166438a9b9d71fb2ee02cd3,
title = "The limits of open innovation: Failures, risks, and costs in open innovation practice and theory",
abstract = "The success of open innovation has been widely acknowledged in both industrial practice and academic research. However, we understand much less about the limits of open innovation. A better understanding of this downside is nevertheless very important as there are still many organizations that struggle when trying to implement an open innovation strategy. At the same time, some research has pointed to decreasing returns to openness, or more generally to the compex relationship between open innovation and (financial) performance. This is why we call for more attention to failures, risks, and costs — and even the “dark side” — in the context of open innovation. In this editorial, we will further introduce this perspective, describe the articles published in this special issue, and offer some suggestions for future research. Overall, we believe that a better understanding of the limits of openness will allow for a more balanced view, thereby further expanding the frontiers of open innovation practice and theory.",
keywords = "Costs, Failures, Limits, Open innovation, Risks",
author = "Marina Dabi{\'c} and Tugrul Daim and Bogers, {Marcel L. A. M.} and Mention, {Anne Laure}",
note = "Publisher Copyright: {\textcopyright} 2023 Elsevier Ltd",
year = "2023",
doi = "10.1016/j.technovation.2023.102786",
language = "English",
volume = "126",
journal = "Technovation",
issn = "0166-4972",
publisher = "Elsevier Limited",

}

RIS

TY - JOUR

T1 - The limits of open innovation

T2 - Failures, risks, and costs in open innovation practice and theory

AU - Dabić, Marina

AU - Daim, Tugrul

AU - Bogers, Marcel L. A. M.

AU - Mention, Anne Laure

N1 - Publisher Copyright: © 2023 Elsevier Ltd

PY - 2023

Y1 - 2023

N2 - The success of open innovation has been widely acknowledged in both industrial practice and academic research. However, we understand much less about the limits of open innovation. A better understanding of this downside is nevertheless very important as there are still many organizations that struggle when trying to implement an open innovation strategy. At the same time, some research has pointed to decreasing returns to openness, or more generally to the compex relationship between open innovation and (financial) performance. This is why we call for more attention to failures, risks, and costs — and even the “dark side” — in the context of open innovation. In this editorial, we will further introduce this perspective, describe the articles published in this special issue, and offer some suggestions for future research. Overall, we believe that a better understanding of the limits of openness will allow for a more balanced view, thereby further expanding the frontiers of open innovation practice and theory.

AB - The success of open innovation has been widely acknowledged in both industrial practice and academic research. However, we understand much less about the limits of open innovation. A better understanding of this downside is nevertheless very important as there are still many organizations that struggle when trying to implement an open innovation strategy. At the same time, some research has pointed to decreasing returns to openness, or more generally to the compex relationship between open innovation and (financial) performance. This is why we call for more attention to failures, risks, and costs — and even the “dark side” — in the context of open innovation. In this editorial, we will further introduce this perspective, describe the articles published in this special issue, and offer some suggestions for future research. Overall, we believe that a better understanding of the limits of openness will allow for a more balanced view, thereby further expanding the frontiers of open innovation practice and theory.

KW - Costs

KW - Failures

KW - Limits

KW - Open innovation

KW - Risks

U2 - 10.1016/j.technovation.2023.102786

DO - 10.1016/j.technovation.2023.102786

M3 - Journal article

AN - SCOPUS:85163769744

VL - 126

JO - Technovation

JF - Technovation

SN - 0166-4972

M1 - 102786

ER -

ID: 371552844