Managing Digital Open Innovation

Recent developments of Internet-based digital technologies have revealed a huge potential of developing open, collaborative and network-centred innovation. However, firms face major challenges in using new technologies for rapid prototyping, data-mining, simulation, visualization, etc. to support their Open Innovation strategies.Responding to the need for further conceptual and empirical research on technology-enhanced open innovation, this book provides fresh and topical insights on how firms from different sectors have successfully implemented digital technologies for Open Innovation. Based on rich empirical data, this book discusses the benefits and drawbacks, the processes, the characteristics and the management practices of ICT-driven Open Innovation in private as well as public organizations.<b>Contents:</b> <ul><li>The Interplay of Digital Technologies and the Open Innovation Process: Benefits and Challenges <i>(Pierre-Jean Barlatier, Anne-Laure Mention and Avni Misra)</i></li><li>Innovation in Digital Business Models <i>(Dagfinn W&#x00E5;ge and Gunnar E Crawford)</i></li><li>Managing Digital Disruption of Business Models in Industry 4.0 <i>(Julian M M&#x00FC;ller, Jana Traub, Peter Gantner and Kai-Ingo Voigt)</i></li><li>From Open Design to Open Strategy: Managing the Evolution of Crowdsourcing-Based Business Models <i>(Thierry Burger-Helmchen and Erica J Siegel)</i></li><li>Modular Crowd Workflows for Open Innovation <i>(Ioanna Lykourentzou, Nikolaos Thomos and Zolt&#x00E1;n Szl&#x00E1;vik)</i></li><li>Profiting from Innovation in the Digital Era: Evidence from the Swedish Videogames Industry <i>(Vicky Long)</i></li><li>Network Orchestration and System Dynamics Modeling in Developing Innovative Decision Support Systems for Policy Makers <i>(Minna Pikkarainen, Julius Francis Gomes, Jukka Ranta, Peter Yl&#x00E9;n, Marika Iivari and Piia Hurmelinna-Laukkanen)</i></li><li>Open Science for Innovation: A Knowledge and Policy Perspective <i>(Erich Prem)</i></li><li>Innovating New B2B Business through Big Data &#x2014; Key Challenges Faced <i>(Tuija Rantala, Katariina Palom?ki and Katri Valkokari)</i></li><li>Planning a Smart Service Business Integrating External Partners <i>(Christian Koldewey, Jannik Reinhold and Roman Dumitrescu)</i></li><li>Organizational Impact of Digital Open Innovation in Retail Banks: Managing External and Internal Pressure <i>(Clarice Bertin and V&#x00E9;ronique Schaeffer)</i></li><li>From Knowledge Capture to Knowledge Integration, the Key Role of Integrative Actions in Crowdsourcing for Innovation <i>(&#x00C9;milie Ruiz, S&#x00E9;bastien Brion and Guy Parmentier)</i></li><li>The Rise of Data-Driven Business Models in the Berlin Start-up Scene <i>(Romy Hilbig, Stefanie Hecht and Bennet Etsiwah)</i></li><li>Competences for the In-house Development of Digital Innovations in German Mechanical Engineering Companies <i>(Steffen Kinkel, Johanna Rahn and Bernhard Rieder)</i></li><li>Blockchain and the Future of Open Innovation Intermediaries: The Case of Crowdsourcing Platforms <i>(Eric Schenk, V&#x00E9;ronique Schaeffer and Julien P&#x00E9;nin)</i></li><li>Playful Design Manifesto for Creative Blockchain Ecosystems <i>(Bronwin Patrickson and Michael Pierre Johnson)</i></li><li>What is the Role of Social Media in (Open) Innovation Strategies? <i>(Sharan Kaur Garib Singh)</i></li><li>Leveraging Open Innovation through Social Media: A Study on Geneva-based SMEs <i>(Angela Bacchetta Beckh, Mathias Beck and Patrick-Yves Badillo)</i></li><li>Social Media and New Service Development: An Exploratory Study within a Consulting Firm <i>(Micha&#x00EB;l B&#x00E9;n&#x00E9;dic)</i></li></ul><br><b>Readership:</b> The target audience of this book is composed of researchers, university lecturers and faculty members, university students and institutions, as well as thought leaders, managers and policy-makers whose goals include the understanding and appreciation of the role of digital technologies, and how these are intertwined with open and collaborative innovation strategies and practices.Open Innovation;Digital Disruption;Industry 4.0;Data-Driven Decision;Value Networks;Organizational Agility;Digital Design;Collaboration;Innovation Policy;Social Media;Open Strategy0<b>Key Features:</b><ul><li>Industry 4.0 and open innovation are no longer just buzz words. Their implications are pervasive in daily operations of businesses, both small and large. However, firms face major challenges in using new technologies for rapid prototyping, data-mining, simulation, visualization, etc. to support their Open Innovation strategies. The principles, structures, processes, models and mechanics of how to create and capture value from digital open innovation are up for debate and discussion. In examining the state-of-the-art through conceptual and empirical research, this book extends the discourse on linking digitalization and digitization with open innovation practice. Thus, the book explores not only the implications for digital innovation and capacity building but also that for digital disruption of business models, open strategy, profiting from innovation, innovation system dynamics and open knowledge policy. Researchers from multiple disciplines have shared their latest empirical research findings to unveil lessons and strategies of how digital technologies might be used and managed to support open innovation strategies.</li></ul>