Open Innovation as a Strategy for New Knowledge Intensive Ventures

Paper i proceeding, 2011

This paper serves to analyse how the strategies for development pursued by knowledge intensive (KIE) ventures are influenced by Open Innovation thinking. This is done through the development of a conceptual framework for analysing this relationship, and the application of this framework empirically through six in-depth case studies of KIE ventures. It is found that there is a very high degree of similarities between the KIE strategies and Open Innovation thinking. In particular the exchange, development, and application of knowledge generated externally to the KIE ventures is a strikingly similar feature.