Open Innovation and the Rise of Digital

8 Pages Posted: 7 Jun 2019

See all articles by Neil Thompson

Neil Thompson

MIT Computer Science and Artificial Intelligence Lab (CSAIL); MIT Initiative on the Digital Economy

Didier Bonnet

IMD

Yun (Ines) Ye

affiliation not provided to SSRN

Date Written: February 19, 2019

Abstract

The concept of “Open Innovation” has been around for more than 15 years (Chesbrough, 2003), and the use of external innovation sources for many decades before that (Mowery, 2009). However, a new survey of 320 firms across 8 countries reveals that most of the adoption of external sources has only happened recently, and that much of this Open Innovation is in response to the rise of digital technologies.

Keywords: Open Innovation, Innovation, Digital Transformation, Digital Innovation, Management of Innovation

JEL Classification: O33, O32, O31

Suggested Citation

Thompson, Neil and Bonnet, Didier and Ye, Yun, Open Innovation and the Rise of Digital (February 19, 2019). Available at SSRN: https://ssrn.com/abstract=3391934 or http://dx.doi.org/10.2139/ssrn.3391934

Neil Thompson (Contact Author)

MIT Computer Science and Artificial Intelligence Lab (CSAIL) ( email )

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HOME PAGE: http://www.neil-t.com

MIT Initiative on the Digital Economy ( email )

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Didier Bonnet

IMD ( email )

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Switzerland

Yun Ye

affiliation not provided to SSRN

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