New Taxonomy for Corporate Open Innovation Initiatives

New Taxonomy for Corporate Open Innovation Initiatives
Author :
Publisher : Springer
Total Pages : 277
Release :
ISBN-10 : 9783658273491
ISBN-13 : 3658273496
Rating : 4/5 (91 Downloads)

Book Synopsis New Taxonomy for Corporate Open Innovation Initiatives by : Tim Blume

Download or read book New Taxonomy for Corporate Open Innovation Initiatives written by Tim Blume and published by Springer. This book was released on 2019-07-22 with total page 277 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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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