• International Commerce and Information Review
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• v.11 no.2
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• pp.203-230
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• 2009

Can we use the open innovation paradigm in Korean economy? Can Korea move from imitative national innovation system to Creative national innovation system without open innovation paradigm? We are looking for preliminary answers about these questions. In this paper, first of all, we review the theoretical factors of open innovation originated from professor Chesbrough, try to find out the limit of the theory, and propose the possibility of extending of open innovation from company to industrial sector, region and cluster, and national innovation system. We also review the user innovation models from Von Hippel and open business models. Second, we review the Korea open innovation cases according to the categories like as company, sector, cluster and regional innovation system, and national innovation system. Third, we prepose the theoretical and realistic implications, and next research agenda about Korea open innovation.

• Knowledge Management Research
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• v.11 no.4
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• pp.1-19
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• 2010

With the increasing importance of ecosystem in a business environment, the value of open innovation is receiving great attention. Under open innovation, companies open their knowledge, capital, and other resources to cooperating companies; on the other hand, under closed innovation companies depend solely on their own resources. In this paper, we compare closed and open innovation using the simulation method, and confirm that in terms of total capital and production of the industry, open innovation provides greater opportunities to the entire ecosystem. Moreover, Schumpeterian competition, which is a dynamic of closed innovation, functions even under open innovation. Our findings highlight that not only small but also large companies can receive the benefit of an enlarged industry under open innovation.

• International Commerce and Information Review
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• v.12 no.2
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• pp.325-355
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• 2010

Knowledge-based exporting companies in Korea have reached a stage to develop new technological innovation and to pioneer new markets. But, developing new technologies and launching new products require an enormous sum of money for Research and Development(R&D) and there is still uncertainty in technological development and markets. Therefore, through open technological innovation, they are encouraged to actively use external technological sources and ideas. They also need to enhance the efficiency of the relatively little R&D investment. In this paper, firstly, it conducts a precedent study on the concept and influence factors of knowledge-based exporting companies and open technological innovation. Secondly, it sets a study model and estimates a regression coefficient to analyze the influence factors of open technological innovation of knowledge-based exporting companies which are using external resources on the process of innovation. Through case study and empirical analysis, we are going to find the implication of open technological innovation and prepare the way of the innovation for the knowledge-based exporting companies. According to the empirical analysis, variables such as firm size, processing degree, product life, patent registration, maintaining internal security didn't have positive effects on open innovation performance. On the other hand, research capability and market preoccupancy had positive effects. Therefore, to succeed in open innovation, knowledge-based exporting companies not only need to secure research capability through open innovation, but also need to preoccupy the market through commercialization of developed product.

• Journal of Korea Technology Innovation Society
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• v.5 no.2
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• pp.212-227
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• 2002

This study reviews the institutional frameworks of Open Source software and develops the stylized facts of Open Source software innovation. Open Source software have to solve two difficult problems for encouraging innovation. First, the source code of Open Source software program should be open and freely distributed and it is very difficult for developers to appropriate the results of their investments. Second, as Open Source software development process is characterized by the participation of communities of developers, it is not easy to coordinate and manipulate the development process. These difficulties of developing Open Source Software have been solved by the particular incentive schemes and coordinating mechanisms. This study reviews the study on the motivation of Open Source software development and the mechanisms which coordinate innovation process of Open Source software with peer review and meritocracy, and how these characteristics promote innovation in Open Source software communities.

• Journal of Korea Technology Innovation Society
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• v.15 no.1
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• pp.1-27
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• 2012

Under the open innovation paradigm, it is needed to establish an appropriate strategic planning tool which can take both internal and external resources and capabilities into account. In response, this paper suggests the open roadmap to systematically and usefully implement open innovation. The open roadmap deals with both inbound and outbound open innovation activities. Moreover, in the inbound and outbound open innovation, six types of the open roadmap are proposed in terms of sources of innovation. The proposed open roadmap is applied to a case of open innovation in the P&G corporation for examining its usefulness and validation. It is expected that the open roadmap provides fruitful information when open innovation is done.

• Journal of Information Technology Applications and Management
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• v.19 no.2
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• pp.249-263
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• 2012

Recently the open innovation is considered as one of the important issues for the survival strategy of a company in the industry. There have been several researches and practices on this topic. However, previous researches are mainly focused on the study of successful cases and some statistical analyses on the relationship between the open innovation and its performance. There are rare researches on the hindrance factors in the practical level. This paper tries to find some hinderance factors for the open innovation in Korean large-scale companies based on the WFGM(Want-Find-Get-Manage) model proposed by Gene Slowinski(2006). Especially this research focused on each processes of open innovation by in-depth interviews for two representative large companies in Korea. From the result of this research we come to know that the critical hindrance factor in the WANT step is the uncertain definition of the necessary technologies for the company. Issues on establishing and maintaining the innovation network are in the FIND step. Technology evaluation, technology introduction channel and technology copying issues are in the GET step. Communication issues, technology feasibility and lack of competition are in the MANAGE step. This paper finds some hindrance factors in each process step of open innovation, which gives some implications for the companies that want to adopt open innovation.

• The Journal of Asian Finance, Economics and Business
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• v.8 no.3
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• pp.411-422
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• 2021

Technological adaption and innovative activities foster small and medium enterprises (SMEs) growth, especially women-owned SMEs in Pakistan, However, the impact of technological adaption and innovative activities on SMEs growth in the context of Pakistan has been examined by very researchers. This study aims to identify the effect of technology and open innovation policies on the growth of women-owned SMEs and the present trends and management challenges for successful full implementation of open innovation. The study considered a sample of 693 women enterprises located in different cities in Pakistan. Open innovation is measured through eight innovative practices, reflecting the exploration and exploitation of technology in SMEs. Study findings revealed that women enterprises were involved in several open innovation policies during the last five years. Moreover, the study indicated no significant differences between manufacturing and service SMEs regarding open innovation practices; however, women enterprises are more impressively engaged in open innovation practices. Findings also reveal that women-owned SMEs follow open innovation, mainly for market-related intentions, to compete with competitors and meet customers' demands. Thus, it is suggested that government policy relating to thriving SMEs owned by women should be innovation-oriented. The study contributes to the theoretical and practical implications. Further, the study is helpful for SMEs, researchers, practitioners, and decision-makers.

• Journal of Technology Innovation
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• v.29 no.4
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• pp.31-57
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• 2021

This study explores the effect of open innovation activities on innovation performance by dividing into two dimensions of breadth and depth of open innovation activity, and it also verifies the mediating effect of technical protection between open innovation activities and innovation performance. In order to examine the hypothesis, it has surveyed 1,403 companies of manufacturing and service with experience in producing innovative results. The results find that the breadth of open innovation activities has a positive effect on the achievement of radical innovation, and the depth of open innovation activities brings a positive effect on the achievement of incremental innovation. The verification result of the mediating effect of technology protection indicates that partially mediated between the breadth of innovation activities and radical innovation activities, and in the case of the depth, it is completely mediated. The results of this study provide the crucial implications not only for the company promoting open innovation, but especially also for the companies promoting product innovation by acquiring technology.

• Korean Management Science Review
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• v.29 no.3
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• pp.169-182
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• 2012

This study examines the co-evolutionary process between open innovation and firms' absorptive capacity. The effects of open innovation can be maximized through the capacity to absorb the knowledge from the external sources such as universities, government-support research institute, and private R&D centers. This study used data of STEPI technology innovation survey conducted at 2002, 2005, and 2008 (3 points measures). The data were analyzed through a structural equation model. Results suggest that open innovation at t0 point influences positively the absorptive capacity at t1 point, which subsequently enhances the intention of open innovation at t2 point. This result suggests the existence of co-evolutionary process between open innovation and firms' absorptive capacity. When knowledge comes from universities, the co-evolution has sustained; whereas when knowledge comes from private firms' R&D centers, the co-evolution has not effected. Theoretical and practical implications are discussed.

• Asia Marketing Journal
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• v.19 no.4
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• pp.61-85
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• 2018

Open innovation is based on a different knowledge landscape, with a different logic about the sources and uses of technologies. It implies that firms increasingly rely on external sources of innovation by emphasizing these ideas and resources. Using datasets from the UK biotechnology industry, this paper explores firms' willingness to participate in open innovation. The results indicate that the switching cost is identified as the direct predictor of the willingness to participate in open innovation. While high commitment based on the trust with partner increases switching costs, IT infrastructure within the firm decreases switching costs to open innovation. Taken together, this research broadens the study on open innovation by applying the switching cost as a medium of knowledge transfer in the biotech industry.