Open Innovation Strategies

Conclusion

Open or collaborative innovation is a widely used and studied topic in the literature related to a wide variety of disciplines. The universal nature of innovation makes it an almost commonplace topic, used in every possible way, which can lead to confusion about its definition and scope. There have been several criticisms and debates about the degree of openness that companies and organizations can achieve in innovation processes. This book has attempted to shed light on what is defined as innovation in a broad sense: product, process, organization, marketing or services. It has also presented innovation as a co-product of relationships and collaborations established between several stakeholders.

Innovation openness is no longer a new strategy. It is implemented almost systematically by large companies and is increasingly introduced in small and medium-sized enterprises (SMEs), when resources are present and supports (decision support, financial, regulatory and infrastructural support) are also present. The paradox of “cultification”, as presented in Chapter 4, demonstrates this. Collaboration, which is a key factor in open innovation, helps to overcome the problems of lack of resources and capabilities necessary to innovate successfully. Companies do not always have them, especially since the more the needs and expectations of customers increase, the more the innovation intensifies. Actors try to meet the needs of customers by bringing them innovation. Therefore, ...