Three operational models for ambidexterity in large corporations
Journal article, 2018

This paper examines new approaches that large firms are using to become more ambidextrous—more able to “explore” and innovate for the future while they “exploit” current lines of business. It presents and compares three different models for boosting innovation by partnering with external actors: GE Appliances’ FirstBuild unit for new-product development, the Open Innovation function at Electrolux, and Lantmännen’s Greenhouse corporate accelerator program. The models are earlystage but have started generating product and business-model innovations, planting seeds of cultural change in the parent firms, and building external ecosystems with partners that range from startup companies to individual developers and makers.

Open innovation

Operational models

Ambidexterity

Dynamic capabilities

Author

Sverker Alänge

Chalmers, Technology Management and Economics, Science, Technology and Society

Annika Steiber

Menlo College

Triple Helix

2197-1927 (eISSN)

Vol. 5 5 1-25

Open Innovation Markets

VINNOVA, 2014-04-01 -- 2016-09-30.

Öppna innovationsmarknader

VINNOVA, 2013-09-16 -- 2014-01-31.

Subject Categories

Other Mechanical Engineering

Business Administration

Information Science

Driving Forces

Innovation and entrepreneurship

DOI

10.1186/s40604-018-0053-9

More information

Latest update

8/25/2018