Dynamic Capabilities and Value Appropriation in the Context of Open Innovation

Author

Cao Suzhang

Author_Institution

Sch. of Bus., Central South Univ., Changsha, China

Volume

3

fYear

2009

fDate

26-27 Dec. 2009

Firstpage

282

Lastpage

285

Abstract

Innovation value appropriation is one of the pressing issues annoying firms which are pursing open innovation. In this paper, we explain the underlying mechanism of innovation value creation and the drivers of value appropriation, building on the theory of strategic factor market and the recent bargaining perspective on resource advantages. After that, we explore how dynamic capabilities and specific technological innovation strategies interact to influence value appropriation in the context of open innovation.

Keywords

innovation management; marketing data processing; bargaining; innovation value appropriation; open innovation; resource advantages; strategic factor market; Appropriate technology; Business; Conference management; Costs; Educational institutions; Engineering management; Industrial engineering; Information management; Innovation management; Technological innovation; Complementarity; Dynamic Capabilities; Open Innovation; Technological Innovation Strategies; Value Appropriation;

fLanguage

English

Publisher

ieee

Conference_Titel

Information Management, Innovation Management and Industrial Engineering, 2009 International Conference on

Conference_Location

Xi´an

Print_ISBN

978-0-7695-3876-1

Type

conf

DOI

10.1109/ICIII.2009.376

Filename

5369787