University of Oulu

Malm, H., Pikkarainen, M., & Hyrkäs, E. (2020). Impact of coupled open innovation on company business models: A case study of demand-driven co-creation. Journal of Innovation Management, 8(3), 75–108. https://doi.org/10.24840/2183-0606_008.003_0006

Impacts of coupled open innovation on company business models : a case study of demand-driven co-creation

Saved in:
Author: Malm, Heini1; Pikkarainen, Minna2; Hyrkäs, Elina3
Organizations: 1BusinessOulu, Economic Development Organisation, City of Oulu
2University of Oulu, Oulu Business School, Faculty of Medicine, VTT, Technical Research Centre of Finland
3University of Oulu, Oulu Business School, Finland
Format: article
Version: published version
Access: open
Online Access: PDF Full Text (PDF, 1.2 MB)
Persistent link: http://urn.fi/urn:nbn:fi-fe202101071240
Language: English
Published: University of Porto, 2020
Publish Date: 2021-01-07
Description:

Abstract

Research on open innovation refers to a model in which innovation is driven by the needs of the customer. In the healthcare sector, healthcare organizations are often the core customers for companies that want to use e-health solutions to improve patient care and cost efficiency. We examined the impact of coupled open innovation on companies’ business models. The co-creation between network actors was done in a demand-driven manner based on the needs of healthcare professionals. We present the findings of a longitudinal case study in an international setting. The research generated a new demand-driven coupled open innovation framework that supports companies in the challenging task of exploring economically viable business opportunities. Our paper contributes to the knowledge management and open business model literatures by providing empirical knowledge on the knowledge absorption and impact of coupled open innovation in the company business models in the knowledge-based economy.

see all

Series: Journal of innovation management
ISSN: 2183-0606
ISSN-L: 2183-0606
Volume: 8
Issue: 3
Pages: 75 - 108
DOI: 10.24840/2183-0606_008.003_0006
OADOI: https://oadoi.org/10.24840/2183-0606_008.003_0006
Type of Publication: A1 Journal article – refereed
Field of Science: 316 Nursing
Subjects:
Funding: We thank the European Commission for the inDemand project funding from the European Union’s H2020 Programme, SC6-CO-CREATION-2016-3, for research, technological development, and demonstration (Grant Agreement no 763735).
EU Grant Number: (763735) inDemand - Demand driven co-creation for public entities
Copyright information: © 2021 The Authors and Journal of Innovation Management. http://creativecommons.org/licenses/by/3.0. JIM is an Open Acces Journal and according to the Budapest Open Access Initiative that refers to its free availability on the public internet, permitting any users to read, download, copy, distribute, print, search, or link to the full texts of these articles, crawl them for indexing, pass them as data to software, or use them for any other lawful purpose, without financial, legal, or technical barriers other than those inseparable from gaining access to the internet itself. The only constraint on reproduction and distribution, and the only role for copyright in this domain, should be to give authors control over the integrity of their work and the right to be properly acknowledged and cited.
  https://creativecommons.org/licenses/by/3.0/