A1 Journal article (refereed), original research

WHAT DOES OPEN INNOVATION MEAN? BUSINESS VERSUS ACADEMIC PERCEPTIONS


Publication Details
Authors: Teplov Roman, Albats Ekaterina, Podmetina Daria
Publisher: World Scientific Publishing
Publication year: 2018
Language: English
Related Journal or Series Information: International Journal of Innovation Management
Journal acronym: IJIM
ISSN: 1363-9196
eISSN: 1757-5877
JUFO-Level of this publication: 1
Open Access: Not an Open Access publication

Abstract

Since the first appearance of ‘open innovation’ as a theoretical concept in 2003, the debates
on its essence still continue among academics, while its interpretations within the business
community also seem to differ from one company to another. Using a survey of 251
companies operating in Europe, in this research, we compare the perceptions of open
innovation that exist within both the academic and business worlds, to assist in the conceptual
development of the phenomenon. Our research reveals a mismatch in these perceptions,
as only a few activities counted as ‘open’ by innovation scholars appear to affect
companies’ self-reported state of open innovation implementation. Moreover, our research
has shown differences in the interpretation of open innovation among companies of different
sizes. Only free revealing, acknowledged by scholars as one of the open innovation
practices, has been recognised as such a practice by all the studied firms. This paper
contributes to conceptualisation of ‘open innovation’ and shares practical insights on
bridging academia and business perceptions of it.


Last updated on 2019-13-03 at 12:00