Knowledge Domains, Technological Strategies and Open Innovation
Keywords: knowledge domains, exploitation vs. exploration, technological fields, innovation strategies, organizing for innovation, decentralized R&D activities, open innovation, patent data analysis, bio-pharmaceutical, technology hardware & equipment
AbstractThis study provides a patent-based framework, investigating the relationship among the relevance of the technological domains, the exploitation vs. exploration strategies and the choice of open innovation practices. Specifically, this work presents five levels of open innovation adoption and analyses the reason why firms open up their innovation boundaries. The methodology is tested on a sample of 240 companies belonging to the bio-pharmaceutical and the technology hardware & equipment industries, by examining their patents filed in 2011. Results show that the relevance of the knowledge domain affects the choice of the innovation strategy; also, non-equity alliances are preferred in explorative activities and equity alliances in exploitative ones.
Download data is not yet available.
Metrics Loading ...
How to Cite
Michelino, F., Cammarano, A., Lamberti, E., & Caputo, M. (2015). Knowledge Domains, Technological Strategies and Open Innovation. Journal of Technology Management & Innovation, 10(2), 50-78. https://doi.org/10.4067/S0718-27242015000200005
Authors who publish with this journal agree to the following terms:
- Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.
- Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.
- Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See The Effect of Open Access).