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Dynamics 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

We created conceptual models that might be used to analyze and forecast the dynamic effects of open innovation. We then applied these models to the smartphone sector using a model-based analysis approach. In addition, we built an open innovation simulation model for the smartphone sector. The dynamic model of open innovation will link logic and concepts relating open innovation, complex adaptive systems, and evolutionary change. The model was used to analyze the dynamic effects of open innovation strategies and open innovation simulation for the selection of future strategies.

Suggested Citation

  • JinHyo Joseph Yun, 2017. "Dynamics of Open Innovation," Management for Professionals, in: Business Model Design Compass, chapter 7, pages 99-117, Springer.
    • Handle: RePEc:spr:mgmchp:978-981-10-4128-0_7
    DOI: 10.1007/978-981-10-4128-0_7
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    Citations

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    Cited by:

    1. Yunhao Feng & Jinxi Wu & Peng He, 2018. "Global M&A and the Development of the IC Industry Ecosystem in China: What Can We Learn from the Case of Tsinghua Unigroup?," Sustainability, MDPI, vol. 11(1), pages 1-16, December.
    2. Oscar F. Bustinza & Ferrán Vendrell-Herrero & Francisco J. Sánchez-Montesinos & José Antonio Campos-Granados, 2021. "Should Manufacturers Support the Entire Product Lifecycle with Services?," Sustainability, MDPI, vol. 13(5), pages 1-14, February.
    3. Kimpimäki, Jaan-Pauli & Malacina, Iryna & Lähdeaho, Oskari, 2022. "Open and sustainable: An emerging frontier in innovation management?," Technological Forecasting and Social Change, Elsevier, vol. 174(C).
    4. Alkinoos Psarras & Theodoros Anagnostopoulos & Nikos Tsotsolas & Ioannis Salmon & Lazaros Vryzidis, 2020. "Applying the Balanced Scorecard and Predictive Analytics in the Administration of a European Funding Program," Administrative Sciences, MDPI, vol. 10(4), pages 1-15, December.
    5. Ben Robaeyst & Bastiaan Baccarne & Wout Duthoo & Dimitri Schuurman, 2021. "The City as an Experimental Environment: The Identification, Selection, and Activation of Distributed Knowledge in Regional Open Innovation Ecosystems," Sustainability, MDPI, vol. 13(12), pages 1-18, June.
    6. Mukama, Matia & Musango, Josephine Kaviti & Smit, Suzanne & Ceschin, Fabrizio & Petrulaityte, Aine, 2022. "Development of living labs to support gendered energy technology innovation in poor urban environments," Technology in Society, Elsevier, vol. 68(C).
    7. Csaba Ruszkai & Ilona Pajtók Tari & Csaba Patkós, 2021. "Possible Actors in Local Foodscapes? LEADER Action Groups as Short Supply Chain Agents—A European Perspective," Sustainability, MDPI, vol. 13(4), pages 1-21, February.
    8. Kyungwan Ko & Meehyang Chang & Eun-Song Bae & Daecheol Kim, 2017. "Efficiency Analysis of Retail Chain Stores in Korea," Sustainability, MDPI, vol. 9(9), pages 1-14, September.
    9. Georg M. Eichler & Erich J. Schwarz, 2019. "What Sustainable Development Goals Do Social Innovations Address? A Systematic Review and Content Analysis of Social Innovation Literature," Sustainability, MDPI, vol. 11(2), pages 1-18, January.
    10. Joo Y. Park & Chang Soo Sung & Il Im, 2017. "Does Social Media Use Influence Entrepreneurial Opportunity? A Review of its Moderating Role," Sustainability, MDPI, vol. 9(9), pages 1-16, September.
    11. Christian Omobhude & Shih-Hsin Chen, 2019. "Social Innovation for Sustainability: The Case of Oil Producing Communities in the Niger Delta region," Sustainability, MDPI, vol. 11(23), pages 1-26, November.
    12. Sang-Oh Shim & KyungBae Park & SungYong Choi, 2017. "Innovative Production Scheduling with Customer Satisfaction Based Measurement for the Sustainability of Manufacturing Firms," Sustainability, MDPI, vol. 9(12), pages 1-12, December.
    13. Changhwan Shin, 2018. "How Social Entrepreneurs Affect Performance of Social Enterprises in Korea: The Mediating Effect of Innovativeness," Sustainability, MDPI, vol. 10(8), pages 1-14, July.
    14. Eunmi Lee & Kwangho Jung & Jinbae Sul, 2019. "Searching for the Various Effects of Subprograms in Official Development Assistance on Human Development across 15 Asian Countries: Panel Regression and Fuzzy Set Approaches," Sustainability, MDPI, vol. 11(4), pages 1-21, February.

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