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Integrating Business, Social, and Environmental Goals in Open Innovation through Partner Selection

Author

Listed:
  • Ricardo S. Santos

    (Instituto Superior de Engenharia de Lisboa (ISEL), Instituto Politécnico de Lisboa, 1959-007 Lisbon, Portugal
    GOVCOPP, Department of Economics, Management, Industrial Engineering and Tourism, Universidade de Aveiro, 3810-193 Aveiro, Portugal)

  • Jose Soares

    (ADVANCE, Lisbon School of Economics and Management (ISEG), University of Lisbon, 1200-781 Lisbon, Portugal)

  • Pedro Carmona Marques

    (Instituto Superior de Engenharia de Lisboa (ISEL), Instituto Politécnico de Lisboa, 1959-007 Lisbon, Portugal
    EIGeS, Engineering Faculty, Universidade Lusófona, 1749-024 Lisbon, Portugal)

  • Helena V. G. Navas

    (UNIDEMI, Department of Mechanical and Industrial Engineering, NOVA School of Science and Technology, FCT NOVA, NOVA University of Lisbon, 2829-516 Caparica, Portugal)

  • José Moleiro Martins

    (ISCAL, Polytechnic Institute of Lisbon, 1069-035 Lisboa, Portugal
    Business Research Unit (BRU-IUL), University Institute of Lisbon (ISCTE-IUL), 1649-026 Lisbon, Portugal)

Abstract

Although collaborative networks (CN) are widespread in academia and have come to be even more used in corporations all over the world, they still face several challenges on behalf of the new product development (NPD) context, especially in regard to the selection of the CN’s right partner. This becomes even more evident when it comes to promoting sustainable development goals within a CN’s activities, by selecting the right partners with a wide consensus from a CN’s management board, avoiding, therefore, the subjectivity around managers’ perception of a CN’s partner selection. Therefore, this work attempts to answer this problem, by presenting a soft-computing-based framework, to support the managers’ board on partner search and selection. The method presented here is further assessed by using a case study, based on the development of a green product, where, according to the obtained results, it is demonstrated that the proposed approach is extremely effective for partner selection, by assessing and prioritizing each candidate involved. The most suitable candidate that fulfills the CN’s requirements is then selected to be integrated as a future partner.

Suggested Citation

  • Ricardo S. Santos & Jose Soares & Pedro Carmona Marques & Helena V. G. Navas & José Moleiro Martins, 2021. "Integrating Business, Social, and Environmental Goals in Open Innovation through Partner Selection," Sustainability, MDPI, vol. 13(22), pages 1-25, November.
    • Handle: RePEc:gam:jsusta:v:13:y:2021:i:22:p:12870-:d:684203
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    References listed on IDEAS

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    1. Sanja Puzović & Jasmina Vesić Vasović & Dragan D. Milanović & Vladan Paunović, 2023. "A Hybrid Fuzzy MCDM Approach to Open Innovation Partner Evaluation," Mathematics, MDPI, vol. 11(14), pages 1-26, July.

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