Open Innovation, Chinese Style

4 Pages Posted: 18 Sep 2016

See all articles by Larry Downes

Larry Downes

Georgetown Center for Business and Public Policy

Paul Nunes

Accenture Institute for High Performance

Serena Qui

Accenture Institute for High Performance

Date Written: July 31, 2016

Abstract

Open innovation allows large organizations to collaborate across a wide ecosystem of potential partners, reducing risk and increasing the potential for successful disruptive products and services. In China, appliance giant Haier has experienced significant success using its HOPE platform, which combines cloud-based processing, data analytics, and flexible financial models to expand the company's access to new technology.

Keywords: open innovation, China, Haier

JEL Classification: D21, D22, D23, L11, L23, M13, O31, O32, O33

Suggested Citation

Downes, Larry and Nunes, Paul and Qui, Serena, Open Innovation, Chinese Style (July 31, 2016). Boao Review, July, 2016, pp. 41-44; Georgetown McDonough School of Business Research Paper No. 2838899. Available at SSRN: https://ssrn.com/abstract=2838899

Larry Downes (Contact Author)

Georgetown Center for Business and Public Policy ( email )

Paul Nunes

Accenture Institute for High Performance ( email )

800 Boylston Street
Suite 2300
Boston, MA Massachusetts 02199

Serena Qui

Accenture Institute for High Performance

800 Boylston Street
Suite 2300
Boston, MA Massachusetts 02199

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