Open innovation strategy in the process of technological capability development: Conceptual framework aspect

• Published in: 2009 IEEE 16th International Conference on Industrial Engineering and Engineering Management pp. 657 - 660
• Main Authors: Shanchao Wu, Jun Jin, Jin Chen, Vanhaverbeke, W.
• Format: Conference Proceeding
• Language: English
• Published: IEEE 01.10.2009
• Subjects: alliance; Companies; development process; Educational institutions; Environmental economics; external technological source; Industrial economics; Innovation management; Open innovation; Research and development management; Resource management; technological capability; Technological innovation; Technology management; Technology transfer

How to improve technological capability and generate core competence is one of most critical issues faced by companies in a serious competitive business world, especially those in developing countries. The theory of open innovation provides a new model to make the strategies of technological capabil...