Dissertation/Thesis Abstract

Developing a Framework for Open Innovation
by Pile, Taylor, M.S., Pepperdine University, 2018, 69; 10844347
Abstract (Summary)

High tech companies face continual pressures to innovate, differentiate, and be first to market. Open innovation allows organizations to focus on their core competencies while developing strategic alliances that create win-win relationships and competitive advantages for all parties involved. However, open innovation introduces certain risks and challenges and a consistent framework for open innovation is lacking. This study developed a high-level framework for planning and executing open innovation within the high tech industry. A convenience sample of nine managers experienced in the high tech industry experience and open innovation were interviewed about their perspectives, experiences, and approaches related to open innovation. Results confirmed the lack of open innovation roadmaps or playbooks in use, due to the inherent uncertainty and complexity of open innovation. Diligent vetting of partnerships is critical for success in open innovation, as incompatible partner characteristics can undermine the success of such initiatives.

Indexing (document details)
Advisor: Lacey, Miriam Y.
Commitee: Egan, Terri
School: Pepperdine University
Department: Organizational Development
School Location: United States -- California
Source: MAI 58/01M(E), Masters Abstracts International
Subjects: Business administration, Management, Organizational behavior
Keywords: Co-creation, Frameworks, High tech, Open innovation, Partnership, Product innovation
Publication Number: 10844347
ISBN: 9780438415539
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