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#10 Open Innovation for Corporate Innovation
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Manage episode 312050413 series 3218720
Content provided by The Thesis Talks. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by The Thesis Talks or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Innovation is increasingly gaining traction as a way for the corporate company to stay competitive in a dynamic and unpredictable market. The changing landscape of knowledge forces corporate organizations to search outside the boundary of the firm, thus taking a participatory approach and engaging with external stakeholders through open innovation. This thesis focuses on the way corporations innovate and engage in inter-collaborative activities with stakeholders. The findings reflect that a corporate organization needs to leverage upon both internal and external stakeholders to enhance the innovative performance. Moreover, a corporation can’t obtain knowledge from outside the boundary of the firm until there is an organizational openness to change. The research also reflects that the cognitive distance between the corporate company and its respective stakeholders can either hinder or enhance their ability to collaborate. Open innovation endeavours can be the solution to improve corporate innovation if the prerequisites of it are taken into account.
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34 episodes
MP3•Episode home
Manage episode 312050413 series 3218720
Content provided by The Thesis Talks. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by The Thesis Talks or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Innovation is increasingly gaining traction as a way for the corporate company to stay competitive in a dynamic and unpredictable market. The changing landscape of knowledge forces corporate organizations to search outside the boundary of the firm, thus taking a participatory approach and engaging with external stakeholders through open innovation. This thesis focuses on the way corporations innovate and engage in inter-collaborative activities with stakeholders. The findings reflect that a corporate organization needs to leverage upon both internal and external stakeholders to enhance the innovative performance. Moreover, a corporation can’t obtain knowledge from outside the boundary of the firm until there is an organizational openness to change. The research also reflects that the cognitive distance between the corporate company and its respective stakeholders can either hinder or enhance their ability to collaborate. Open innovation endeavours can be the solution to improve corporate innovation if the prerequisites of it are taken into account.
…
continue reading
34 episodes
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