WHETHER OPEN INNOVATION IS A BETTER CHOICE AS A MODEL OF INNOVATION FOR ORGANIZATIONS?

Year 2017, Issue: ICOMEP 2017 ÖZEL SAYISI, 123 - 135, 31.12.2017

Aysun Kanbur , İbrahim A. H. Mohamed

Abstract

This study
presents a review of innovation models and by taking consideration and
examining these models it is aimed to understand whether the model based on
open innovation is a better choice among all the other models. For
organizations, innovation models generally demonstrate how to work in an
innovative point of view. Companies of today’s business life are striving to
develop their capabilities and their activities to become innovative companies.
Many of the organizations try to find the most suitable and effective
innovation model for themselves to create a difference in their long-term
business life. Success of innovation process of companies basically depends on
success of their innovation model. Innovation models started with simple linear
models and up to this point, they became complex interactive models. Within
these models, the main focus points of open innovation can be explained as
interactive processes, knowledge and technology. Open innovation has its own
characteristics like as other innovation models. It is important to emphasize
that open innovation requires innovative ideas, knowledge from companies, and
so managing wide technological relationships. Becoming as a popular phenomenon
in innovation studies it is also need to be examined. When all innovation
models are evaluated, generally, it can not be said that the open innovation
model can be a better choice despite the fact that open innovations create new
or modified logics and promote collaboration and openness. Therefore, as a
remarkable answer of the problem of this study, strategies of the companies
should be analyzed. In other words, strategies
of companies play very important role while determining the form of innovation
process.

Keywords

Innovation process, innovation models, open innovation model

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