Understanding the main drivers of value creation in an open innovation program

Herskovits, Rubén and Grijalbo, Mercedes and Tafur Segura, José Javier (2013). Understanding the main drivers of value creation in an open innovation program. "International and Entrepreneurship Management Journal", v. 9 (n. 4); pp. 631-640. ISSN 1554-7191. https://doi.org/10.1007/s11365-013-0267-2.

Description

Title: Understanding the main drivers of value creation in an open innovation program
Author/s:
  • Herskovits, Rubén
  • Grijalbo, Mercedes
  • Tafur Segura, José Javier
Item Type: Article
Título de Revista/Publicación: International and Entrepreneurship Management Journal
Date: October 2013
ISSN: 1554-7191
Volume: 9
Subjects:
Freetext Keywords: Open innovation . Value creation . Value drivers .Value-basedmanagement . Corporate venture capital
Faculty: E.T.S.I. Industriales (UPM)
Department: Ingeniería de Organización, Administración de Empresas y Estadística
Creative Commons Licenses: Recognition - No derivative works - Non commercial

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Abstract

Innovation has been identified as the single most relevant element in fuelling corporations’ competitive advantage and ultimate value creation. Corporations no longer rely on a single, linear structure of innovation; the new paradigm of open innovation opens up new possibilities of organizing innovation within the ecosystem, thus giving rise to new drivers for value creation. These value drivers have an impact on the strategic position of the firm and have the ability to create superior financial performance. In this paper we explore the close relationship between open innovation and value creation and propose a framework to analyze this process as well as the most critical elements involved.

More information

Item ID: 32179
DC Identifier: http://oa.upm.es/32179/
OAI Identifier: oai:oa.upm.es:32179
DOI: 10.1007/s11365-013-0267-2
Official URL: http://link.springer.com/article/10.1007/s11365-013-0267-2#
Deposited by: Memoria Investigacion
Deposited on: 27 Oct 2014 16:51
Last Modified: 21 May 2015 16:10
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