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
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