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Leveraging Open Innovation Using Intermediary Networks

Author

Listed:
  • Corey Billington

    (E3 Associates)

  • Rhoda Davidson

    (E3 Associates)

Abstract

Open innovation, fuelled by the rise of the Internet, has made it feasible and cheaper for firms to open themselves up to a wide range of external sources of innovative ideas. The explosive growth of open innovation intermediary networks, such as InnoCentive or Linked-in, enables the rapid pairing of firms seeking knowledge to address a wide range of business challenges (seekers) with other firms or individuals who already have relevant knowledge (solvers or knowledge brokers). These intermediary networks allow procurement departments to source codified and un-codified knowledge from firms or individuals outside their traditional supplier networks using one-off transactional relationships. Although sourcing ideas in this way theoretically poses problems for knowledge search and transfer, we have found that companies can draw on processes and integration mechanisms developed by procurement and design engineering to develop effective organizational learning routines. These routines are strategically vital to source new ideas through open innovation using intermediary networks and create competitive advantage.

Suggested Citation

  • Corey Billington & Rhoda Davidson, 2013. "Leveraging Open Innovation Using Intermediary Networks," Post-Print hal-02312028, HAL.
    • Handle: RePEc:hal:journl:hal-02312028
    DOI: 10.1111/j.1937-5956.2012.01367.x
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    Citations

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    Cited by:

    1. Thomas Johnsen & Marie-Anne Le Dain & Nadine Kiratli & Holger Schiele, 2022. "Editorial: Purchasing and innovation: Past, present and future of the field of research," Post-Print hal-03761525, HAL.
    2. Kokshagina, Olga & Le Masson, Pascal & Bories, Florent, 2017. "Fast-connecting search practices: On the role of open innovation intermediary to accelerate the absorptive capacity," Technological Forecasting and Social Change, Elsevier, vol. 120(C), pages 232-239.
    3. Zakrzewska-Bielawska, Agnieszka & Czakon, Wojciech & Kraus, Sascha, 2023. "Relational orientation in B2B strategies: Measurement scale development and validation," Journal of Business Research, Elsevier, vol. 160(C).
    4. Ravi Srinivasan & Adrian Choo & Sriram Narayanan & Soumodip Sarkar & Antti Tenhiälä, 2021. "Knowledge sources, innovation objectives, and their impact on innovation performance: Quasi‐replication of Leiponen and Helfat (2010)," Strategic Management Journal, Wiley Blackwell, vol. 42(11), pages 2104-2136, November.
    5. Leckel, Anja & Veilleux, Sophie & Dana, Leo Paul, 2020. "Local Open Innovation: A means for public policy to increase collaboration for innovation in SMEs," Technological Forecasting and Social Change, Elsevier, vol. 153(C).
    6. Luis Enrique Valdez-Juárez & Dolores Gallardo-Vázquez & Elva Alicia Ramos-Escobar, 2018. "CSR and the Supply Chain: Effects on the Results of SMEs," Sustainability, MDPI, vol. 10(7), pages 1-27, July.
    7. Hau L. Lee & Glen Schmidt, 2017. "Using Value Chains to Enhance Innovation," Production and Operations Management, Production and Operations Management Society, vol. 26(4), pages 617-632, April.
    8. Kolja Oswald & Xiaokang Zhao, 2021. "Collaborative Learning in Makerspaces: A Grounded Theory of the Role of Collaborative Learning in Makerspaces," SAGE Open, , vol. 11(2), pages 21582440211, June.
    9. Yan, Xu & Huang, Minyi, 2022. "Leveraging university research within the context of open innovation: The case of Huawei," Telecommunications Policy, Elsevier, vol. 46(2).
    10. Malacina, Iryna & Teplov, Roman, 2022. "Supply chain innovation research: A bibliometric network analysis and literature review," International Journal of Production Economics, Elsevier, vol. 251(C).
    11. Scuotto, Veronica & Del Giudice, Manlio & Peruta, Maria Rosaria della & Tarba, Shlomo, 2017. "The performance implications of leveraging internal innovation through social media networks: An empirical verification of the smart fashion industry," Technological Forecasting and Social Change, Elsevier, vol. 120(C), pages 184-194.

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