Abstract

http://ssrn.com/abstract=2288746
 


 



How Disclosure Policies Impact Search in Open Innovation


Kevin J. Boudreau


London Business School

Karim Lakhani


Harvard Business School - Technology and Operations Management Group; Harvard University - Berkman Center for Internet & Society; Harvard Institute for Quantitative Social Science

July 2, 2013

Harvard Business School Technology & Operations Mgt. Unit Working Paper

Abstract:     
Most of society’s innovation systems–academic science, the patent system, open source, etc.–are “open” in the sense they are designed to facilitate knowledge disclosures amongst innovators. An essential difference across innovation systems, however, is whether disclosures take place only after final innovations are completed or whether disclosures relate to intermediate solutions and advances. We present experimental evidence showing that implementing intermediate versus final disclosures does not just create quantitative tradeoffs in shaping the rate of innovation. Rather, it qualitatively transforms the very nature of the innovation search process. Intermediate disclosures have the advantage of efficiently steering development towards improving existing solu- tions, but curtails experimentation and wider search. We discuss comparative advantages of systems implementing intermediate versus final disclosures.

Number of Pages in PDF File: 46

Keywords: Policy, open innovation, search, investment incentives, knowledge spillovers and reuse, field experiment

JEL Classification: O3, J0, D02

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Date posted: July 2, 2013 ; Last revised: November 8, 2013

Suggested Citation

Boudreau, Kevin J. and Lakhani, Karim, How Disclosure Policies Impact Search in Open Innovation (July 2, 2013). Harvard Business School Technology & Operations Mgt. Unit Working Paper . Available at SSRN: http://ssrn.com/abstract=2288746 or http://dx.doi.org/10.2139/ssrn.2288746

Contact Information

Kevin J. Boudreau
London Business School ( email )
Sussex Place
Regent's Park
London, London NW1 4SA
United Kingdom
Karim R. Lakhani (Contact Author)
Harvard Business School - Technology and Operations Management Group ( email )
Boston, MA 02163
United States
617-495-6741 (Phone)
Harvard University - Berkman Center for Internet & Society ( email )
Harvard Law School
23 Everett, 2nd Floor
Cambridge, MA 02138
United States
Harvard Institute for Quantitative Social Science ( email )
1737 Cambridge St.
Cambridge, MA 02138
United States
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