IDEAS home Printed from https://ideas.repec.org/a/now/jnlsmr/111.00000013.html
   My bibliography  Save this article

The Interplay Between Open Innovation and Lean Startup, or, Why Large Companies Are Not Large Versions of Startups

Author

Listed:
  • Chesbrough, Henry
  • Tucci, Christopher L.

Abstract

This article considers the contribution of lean startup to the lack of practical advice for employing inside-out knowledge flows in open innovation. Lean startup offers a series of practical steps for exploring — and validating — potential new business models that might utilize otherwise neglected technologies, or potential general-purpose technologies that may be languishing. Open innovation has some contributions to offer to lean startup as well, particularly in the context where lean startup is employed inside large established firms. We describe the basic principles of lean startup philosophy and discuss how lean startup is implemented in large companies. This is highly related to business model reconfiguration, since in many cases, incumbent companies develop a new business model as part of their innovation efforts, often with great difficulty. This line of reasoning leads us to reconsider how lean startup might work in established companies, and why it is so difficult due to conflicts with many roles that already exist in the established companies. We then bring forward the idea that open innovation can contribute to the corporate venturing process and describe both outside-in and inside-out processes that may help ease the pain of a lean startup implementation in an incumbent firm.

Suggested Citation

  • Chesbrough, Henry & Tucci, Christopher L., 2020. "The Interplay Between Open Innovation and Lean Startup, or, Why Large Companies Are Not Large Versions of Startups," Strategic Management Review, now publishers, vol. 1(2), pages 277-303, June.
    • Handle: RePEc:now:jnlsmr:111.00000013
    DOI: 10.1561/111.00000013
    as

    Download full text from publisher

    File URL: http://dx.doi.org/10.1561/111.00000013
    Download Restriction: no
    File URL: https://libkey.io/10.1561/111.00000013?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Stefano D’Angelo & Angelo Cavallo & Antonio Ghezzi & Francesco Di Lorenzo, 2024. "Understanding corporate entrepreneurship in the digital age: a review and research agenda," Review of Managerial Science, Springer, vol. 18(12), pages 3719-3774, December.
    2. Massa, Lorenzo & Ardito, Lorenzo & Messeni Petruzzelli, Antonio, 2022. "Brokerage dynamics in technology transfer networks: A multi-case study," Technological Forecasting and Social Change, Elsevier, vol. 183(C).
    3. Niftiyev, Ibrahim, 2023. "Analyzing the Factors Behind the Closure of “JoinB2B”: A Case Study of a B2B Marketing Communications Platform," EconStor Conference Papers 280698, ZBW - Leibniz Information Centre for Economics.
    4. Vatankhah, Sanaz & Bamshad, Vahideh & Altinay, Levent & De Vita, Glauco, 2023. "Understanding business model development through the lens of complexity theory: Enablers and barriers," Journal of Business Research, Elsevier, vol. 155(PA).
    5. Silvia Sanasi, 2023. "Entrepreneurial experimentation in business model dynamics: Current understanding and future opportunities," International Entrepreneurship and Management Journal, Springer, vol. 19(2), pages 805-836, June.
    6. Cricelli, Livio & Mauriello, Roberto & Strazzullo, Serena, 2023. "Preventing open innovation failures: A managerial framework," Technovation, Elsevier, vol. 127(C).
    7. Shaikh, Ibrahim & Randhawa, Krithika, 2022. "Managing the risks and motivations of technology managers in open innovation: Bringing stakeholder-centric corporate governance into focus," Technovation, Elsevier, vol. 114(C).
    8. Sepideh Rahmani & Farzad Movahedi Sobhani & Hamed Kazemipoor & Majid Sheikhmohammady, 2024. "Open Innovation Environments Considering Organizational Learning and Self-Organization in Startup Valuation Using Game Theory," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 15(2), pages 9115-9141, June.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:now:jnlsmr:111.00000013. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Lucy Wiseman (email available below). General contact details of provider: http://www.nowpublishers.com/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.