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Concept, Structures, and Decision Factors of Open Innovation

In: Business Model Design Compass

Author

Listed:
  • JinHyo Joseph Yun

    (Tenured Researcher of DGIST and Professor of Open Innovation Academy of SOItmC)

Abstract

This paper first explains and demonstrates the emergence of open innovation. We also show the structure of open innovation among manufacturing firms and service firms. Last, we show the four factors of open innovation of small- and medium-sized enterprises (SMEs). Third, we look into the open innovation of small and medium enterprises. Fourth, we examine the difference in open innovation according to the product life cycle. Fifth, we analyze the role of internal open innovation attitude regarding external open innovation. Sixth, we talk about the difference in open innovation according to whether a firm is modular or not. Seventh and last, we discuss the difference in open innovation according to regional innovation systems or clusters.

Suggested Citation

  • JinHyo Joseph Yun, 2017. "Concept, Structures, and Decision Factors of Open Innovation," Management for Professionals, in: Business Model Design Compass, chapter 5, pages 63-85, Springer.
  • Handle: RePEc:spr:mgmchp:978-981-10-4128-0_5
    DOI: 10.1007/978-981-10-4128-0_5
    as

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