• What we do
  • The People
  • About Us
  • Why Innovation Africa
  • Contact Us
Innovation AfricaCreating the Future Today
  • Feature Articles
  • Innovation
  • Agriculture
  • ICT
  • Technology
  • Entrepreneurship
  • Health
  • Store
  • Contact Us
Menu
  • Feature Articles
  • Innovation
  • Agriculture
  • ICT
  • Technology
  • Entrepreneurship
  • Health
  • Store
  • Contact Us
  • Combining open innovation with corporate venturing: a case of how to balance incremental and radical innovation

    July 21, 2012 Editor 0

    By combining existing research on open innovation and corporate venturing, this article explores methods by which a firm can organise open innovation activities in a comprehensive innovation setup. This setup concurrently manages to create and sustain incremental and radical innovative efforts for developing its business.

    Discussions draw on findings from a qualitative case study of the Danish industrial firm Danfoss Group. Findings reveal that employment of inbound, outbound, and coupled open innovation processes vary between the firm’s divisions and incubator as the innovation purposes and strategies of these correspond to different open innovation processes.

    Further, the incorporation of open innovation processes into Danfoss’ comprehensive innovation setup highlights that these not only take form in relation to external partners but also between units of the firm, thus the notion of intra and inter open innovation processes is introduced.
    Go to Source

    Related Posts

    • Company aims to achieve $10bn turnover by 2020Company aims to achieve $10bn turnover by 2020
    • Two Different Perspectives on Open Innovation – Libre versus ControlTwo Different Perspectives on Open Innovation – Libre versus Control
    • Pick up and playPick up and play
    • Platform-based Product Design and Environmental Turbulence: The Mediating Role of Strategic FlexibilityPlatform-based Product Design and Environmental Turbulence: The Mediating Role of Strategic Flexibility
    • Social Media Can Play a Role in Business Process Management
    • Global Risks of Rejecting Agricultural BiotechnologyGlobal Risks of Rejecting Agricultural Biotechnology
    Sovrn
    Share

    Categories: Insights

    Tags: incremental and radical, open innovation and corporate venturing, open innovation processes

    The role of organisational climate factors in facilitating workplace innovation Service innovation activities in e-government initiatives: the Taiwan experience

    Leave a Reply Cancel reply

    You must be logged in to post a comment.

Subscribe to our stories


 

Recent Posts

  • Entrepreneurial Alertness, Innovation Modes, And Business Models in Small- And Medium-Sized Enterprises December 30, 2021
  • The Strategic Role of Design in Driving Digital Innovation June 10, 2021
  • Correction to: Hybrid mosquitoes? Evidence from rural Tanzania on how local communities conceptualize and respond to modified mosquitoes as a tool for malaria control June 10, 2021
  • BRIEF FOCUS: Optimal spacing for groundnuts in smallholder farming systems June 9, 2021
  • COVID-19 pandemic: impacts on the achievements of Sustainable Development Goals in Africa June 9, 2021

Categories

Archives

Popular Post-All time

  • A review on biomass-based... 1k views
  • Apply Now: $500,000 for Y... 798 views
  • Can blockchain disrupt ge... 797 views
  • Test Your Value Propositi... 749 views
  • Prize-winning projects pr... 722 views

Recent Posts

  • Entrepreneurial Alertness, Innovation Modes, And Business Models in Small- And Medium-Sized Enterprises
  • The Strategic Role of Design in Driving Digital Innovation
  • Correction to: Hybrid mosquitoes? Evidence from rural Tanzania on how local communities conceptualize and respond to modified mosquitoes as a tool for malaria control
  • BRIEF FOCUS: Optimal spacing for groundnuts in smallholder farming systems
  • COVID-19 pandemic: impacts on the achievements of Sustainable Development Goals in Africa
  • Explicit knowledge networks and their relationship with productivity in SMEs
  • Intellectual property issues in artificial intelligence: specific reference to the service sector
  • Africa RISING publishes a livestock feed and forage production manual for Ethiopia
  • Transforming crop residues into a precious feed resource for small ruminants in northern Ghana
  • Photo report: West Africa project partners cap off 2020 with farmers field day events in Northern Ghana and Southern Mali

Tag Cloud

    africa African Agriculture Business Business model Business_Finance Company Crowdsourcing data Development East Africa economics Education Entrepreneur entrepreneurs Entrepreneurship ethiopia ghana Health_Medical_Pharma ict Information technology Innovation kenya knowledge Knowledge Management Leadership marketing mobile Mobile phone nigeria Open innovation Organization Research rwanda science Science and technology studies social enterprise social entrepreneurship south africa Strategic management strategy tanzania Technology Technology_Internet uganda

Categories

Archives

  • A review on biomass-based hydrogen production for renewable energy supply 1k views
  • Apply Now: $500,000 for Your Big Data Innovations in Agriculture 798 views
  • Can blockchain disrupt gender inequality? 797 views
  • Test Your Value Proposition: Supercharge Lean Startup and CustDev Principles 749 views
  • Prize-winning projects promote healthier eating, smarter crop investments 722 views

Copyright © 2005-2020 Innovation Africa Theme created by PWT. Powered by WordPress.org