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Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
New Taxonomy for Corporate Open Innovation Initiatives: Best Practices and an Empirical Validation Among Germany's 500 Biggest Companies

New Taxonomy for Corporate Open Innovation Initiatives: Best Practices and an Empirical Validation Among Germany's 500 Biggest Companies

Paperback

Series: Innovationsmanagement Und Entrepreneurship

Business GeneralManagement

ISBN10: 3658273488
ISBN13: 9783658273484
Publisher: Springer Gabler
Published: Jul 31 2019
Pages: 277
Weight: 0.77
Height: 0.61 Width: 5.83 Depth: 8.27
Language: English
Academic literature used to lack a taxonomy regarding the types of repeatable structures and approaches that incumbent companies can use in order to deal with frequently business model threatening open innovation developments - threats that are often facilitated by start-up companies. The course of investigation provides a clustering taxonomy for these structures, so-called: corporate open innovation initiatives. Subsequently, the validity is tested by an in-depth analysis of Germany's 500 biggest companies along with 50 biggest banks and 30 biggest insurances. Furthermore, multiple case studies with industry experts show applicable management's best practices. Finally, a management framework is developed, which aims to be a summarizing tool for practitioners and researchers in order to define a suitable corporate strategy for creating an own corporate open innovation initiative.

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Business General