Open Innovation And Open Strategy: Epistemic And Design Dimensions

The past decade has seen a multiplication of theory and research on Open Innovation as a set of practices by which firms bring novel ideas to the market (Chesbrough, 2003; Gassmann et al., 2010). In the early stage of the work on Open Innovation, research was primarily driven by a focus on practical approaches and critically important insights into how firms went about exchanging knowledge and ideas with the outside world. Lately, however, studies of Open Innovation have benefited greatly from building on the knowledge-based theory of the firm (Cohen & Levinthal, 1990; Kogut & Zander, 1992; Nonaka et al., 2006), which draws attention to the sources of innovation-relevant knowledge and the designs of mechanisms to tap and replenish such sources.