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Open vs. closed innovation: a model of discovery and divergence

When is open innovation superior to closed innovation? Through a formal simulation model, we show that an open approach to innovation allows the firm to discover combinations of product features that would be hard to envision under integration. However, when partners have divergent goals, open innovation restricts the firm's ability to establish the product's technological trajectory. The resolution of the trade-off between the benefits of discovery and the costs of divergence determines the best approach to innovation..Printed journal

Ketersediaan

Call NumberLocationAvailable
PSB lt.dasar - Pascasarjana1
Penerbit Academy of Management.,
Edisi -
Subjek Product development
Management science
Innovations
Models
studies
Technological planning
ISBN/ISSN 3637424
Klasifikasi -
Deskripsi Fisik -
Info Detail Spesifik -
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