This paper attempts to better understand how firms can improve their open innovation capabilities. Specifically this paper focuses on the process of external searching. An in-depth literature review, combined with workshops with companies from the oil and gas sector lead the authors to conclude that firms can improve their innovation performance by having a defined and managed process for their core open innovation activities. Our research shows evidence of open innovation activity, but points to a lack of managed searching processes.
|Number of pages||10|
|Publication status||Published - 21 Jun 2014|
|Event||21st EurOMA Conference - Palermo, Italy|
Duration: 22 Jun 2014 → 25 Jun 2014
|Conference||21st EurOMA Conference|
|Period||22/06/14 → 25/06/14|
- dynamic capabilities
- open innovation
- managed search process
- innovation performance management
- innovation management
MacKinven, S., MacBryde, J., & Wagner, B. (2014). Sensing opportunities: is there a need for a managed search process in open innovation?. 1-10. Paper presented at 21st EurOMA Conference, Palermo, Italy.