• DocumentCode
    552745
  • Title

    How open innovation strategy is reflected in the firms R&D efficiency DEA ranking?

  • Author

    Yang, Jiting ; Anderson, Timothy

  • Author_Institution
    Eng. & Technol. Manage. Dept., Portland State Univ., Portland, OR, USA
  • fYear
    2011
  • fDate
    July 31 2011-Aug. 4 2011
  • Firstpage
    1
  • Lastpage
    9
  • Abstract
    Open innovation model, which refers to the use of external technology and environment, has boosted the technology developing speed to a large extent. The term “Open Innovation” was launched by Chesbrough. In open innovation model, firms utilize a wide range of both internal & external sources and channels to commercialize their ideas. Technology market is complicated. Therefore, open innovation is not a single, unique strategy. There are many different moves and approaches that can all lead to firm´s success in innovation competition. Previous studies have done in this field were usually in qualitative way. In this paper, we are aiming to study open innovation approach with a qualitative method, Data Envelopment Analysis. 18 companies, which are recognized as pioneers in open innovation, have been selected in our study for R&D efficiency evaluating and open innovation strategy discussion. Since R&D efficiency is always a key part of innovation process, the objective of this paper is to analyze how company´s choice in open innovation strategy model will influence its R&D efficiency DEA ranking, and how its R&D efficiency at different stages can be aligned with its open innovation strategy.
  • Keywords
    data envelopment analysis; innovation management; strategic planning; DEA ranking; R&D efficiency evaluation; data envelopment analysis; innovation competition; innovation strategy discussion; open innovation model; Commercialization; Companies; Investments; Licenses; Patents; Technological innovation;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Technology Management in the Energy Smart World (PICMET), 2011 Proceedings of PICMET '11:
  • Conference_Location
    Portland, OR
  • Print_ISBN
    978-1-4577-1552-5
  • Electronic_ISBN
    978-1-890843-24-3
  • Type

    conf

  • Filename
    6017785