How Do Norwegian Technology Start-ups Use Open Innovation Strategies to Gain Access to New Business Ideas?

Open innovation (OI) strategy includes inter-company processes and activities i.e. networking, management, communication etc. The intention of this paper is to present examples on how open innovation performs within these start-ups. This paper is a descriptive study that discusses how to implement o...

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Autores principales:	Rahman Minhazur, Rahman Ummeh Habiba Faria Benteh
Formato:	article
Lenguaje:	EN
Publicado:	De Gruyter 2021
Materias:	network theory innovation closed versus open innovation communication networking technology exploration role of start-up networks Economics as a science HB71-74
Acceso en línea:	https://doaj.org/article/eb8d09c8f7e440069c8be2ba963e8218
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id	oai:doaj.org-article:eb8d09c8f7e440069c8be2ba963e8218
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spelling	oai:doaj.org-article:eb8d09c8f7e440069c8be2ba963e82182021-12-05T14:11:00ZHow Do Norwegian Technology Start-ups Use Open Innovation Strategies to Gain Access to New Business Ideas?2451-345810.1515/openec-2020-0115https://doaj.org/article/eb8d09c8f7e440069c8be2ba963e82182021-10-01T00:00:00Zhttps://doi.org/10.1515/openec-2020-0115https://doaj.org/toc/2451-3458Open innovation (OI) strategy includes inter-company processes and activities i.e. networking, management, communication etc. The intention of this paper is to present examples on how open innovation performs within these start-ups. This paper is a descriptive study that discusses how to implement open innovation strategies in order to gain access to new business ideas in Norwegian tech companies. Throughout the study and analysis of appropriate literature, this research aims to deepen the understanding of the initial question and provide direction for further research. This improved understanding of using open innovation strategies will help entrepreneurs, as well as policy makers involved in idea evaluation. This study deals with the OI strategy implementation in small companies and startups, both of which are almost untouched fields of study. It contributes recommendations for reality thinking, social media involvement, and planned versus arbitrary strategy. This qualitative research paper forms a case study based on structured interviews with four anonymous Norwegian tech start-ups. Twenty to twenty-five articles about “startups, open innovation and networking” have been selected and analysed for the purpose of this paper. This study outlines a clear method for reviewing the theories of open innovation and networking which are discussed in the objectives. Unlike previous research, this paper will highlight loopholes and common mistakes typically made by start-ups and instead will implement smooth open innovation strategies for their company’s benefit. After conducting successful interviews with start-up, the results have been combined with literature reviews and related theories with empirical evidence to support the proposed question. Finally, the findings are categorised in the table below and organised according to interviewee answers.Rahman MinhazurRahman Ummeh Habiba Faria BentehDe Gruyterarticlenetwork theory innovationclosed versus open innovationcommunication networkingtechnology explorationrole of start-up networksEconomics as a scienceHB71-74ENOpen Economics, Vol 4, Iss 1, Pp 98-105 (2021)
institution	DOAJ
collection	DOAJ
language	EN
topic	network theory innovation closed versus open innovation communication networking technology exploration role of start-up networks Economics as a science HB71-74
spellingShingle	network theory innovation closed versus open innovation communication networking technology exploration role of start-up networks Economics as a science HB71-74 Rahman Minhazur Rahman Ummeh Habiba Faria Benteh How Do Norwegian Technology Start-ups Use Open Innovation Strategies to Gain Access to New Business Ideas?
description	Open innovation (OI) strategy includes inter-company processes and activities i.e. networking, management, communication etc. The intention of this paper is to present examples on how open innovation performs within these start-ups. This paper is a descriptive study that discusses how to implement open innovation strategies in order to gain access to new business ideas in Norwegian tech companies. Throughout the study and analysis of appropriate literature, this research aims to deepen the understanding of the initial question and provide direction for further research. This improved understanding of using open innovation strategies will help entrepreneurs, as well as policy makers involved in idea evaluation. This study deals with the OI strategy implementation in small companies and startups, both of which are almost untouched fields of study. It contributes recommendations for reality thinking, social media involvement, and planned versus arbitrary strategy. This qualitative research paper forms a case study based on structured interviews with four anonymous Norwegian tech start-ups. Twenty to twenty-five articles about “startups, open innovation and networking” have been selected and analysed for the purpose of this paper. This study outlines a clear method for reviewing the theories of open innovation and networking which are discussed in the objectives. Unlike previous research, this paper will highlight loopholes and common mistakes typically made by start-ups and instead will implement smooth open innovation strategies for their company’s benefit. After conducting successful interviews with start-up, the results have been combined with literature reviews and related theories with empirical evidence to support the proposed question. Finally, the findings are categorised in the table below and organised according to interviewee answers.
format	article
author	Rahman Minhazur Rahman Ummeh Habiba Faria Benteh
author_facet	Rahman Minhazur Rahman Ummeh Habiba Faria Benteh
author_sort	Rahman Minhazur
title	How Do Norwegian Technology Start-ups Use Open Innovation Strategies to Gain Access to New Business Ideas?
title_short	How Do Norwegian Technology Start-ups Use Open Innovation Strategies to Gain Access to New Business Ideas?
title_full	How Do Norwegian Technology Start-ups Use Open Innovation Strategies to Gain Access to New Business Ideas?
title_fullStr	How Do Norwegian Technology Start-ups Use Open Innovation Strategies to Gain Access to New Business Ideas?
title_full_unstemmed	How Do Norwegian Technology Start-ups Use Open Innovation Strategies to Gain Access to New Business Ideas?
title_sort	how do norwegian technology start-ups use open innovation strategies to gain access to new business ideas?
publisher	De Gruyter
publishDate	2021
url	https://doaj.org/article/eb8d09c8f7e440069c8be2ba963e8218
work_keys_str_mv	AT rahmanminhazur howdonorwegiantechnologystartupsuseopeninnovationstrategiestogainaccesstonewbusinessideas AT rahmanummehhabibafariabenteh howdonorwegiantechnologystartupsuseopeninnovationstrategiestogainaccesstonewbusinessideas
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How Do Norwegian Technology Start-ups Use Open Innovation Strategies to Gain Access to New Business Ideas?

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