Modularity, Industry Life Cycle and Open Innovation

This paper discusses the incentives behind, and effects of open innovation in different stages of an industry life cycle. It argues that in the beginning of an industry life cycle, open innovation policies usually serve the dual purpose of exploring distant knowledge sources, and exploiting potentia...

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Autor principal: Ozman,Muge
Lenguaje:English
Publicado: Universidad Alberto Hurtado. Facultad de Economía y Negocios 2011
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Acceso en línea:http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-27242011000100003
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spelling oai:scielo:S0718-272420110001000032011-04-20Modularity, Industry Life Cycle and Open InnovationOzman,Muge Open innovation industry life cycle modularity network effects This paper discusses the incentives behind, and effects of open innovation in different stages of an industry life cycle. It argues that in the beginning of an industry life cycle, open innovation policies usually serve the dual purpose of exploring distant knowledge sources, and exploiting potential network effects to strengthen the installed base of a technology. In the later phases of the industry life cycle, after the emergence of a dominant design, open innovation incentives and effects depend largely on the product system architecture. Modularity at different parts of the product system is an important dimension which influences the types of open innovation strategies implemented by firms.info:eu-repo/semantics/openAccessUniversidad Alberto Hurtado. Facultad de Economía y NegociosJournal of technology management & innovation v.6 n.1 20112011-01-01text/htmlhttp://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-27242011000100003en10.4067/S0718-27242011000100003
institution Scielo Chile
collection Scielo Chile
language English
topic Open innovation
industry life cycle
modularity
network effects
spellingShingle Open innovation
industry life cycle
modularity
network effects
Ozman,Muge
Modularity, Industry Life Cycle and Open Innovation
description This paper discusses the incentives behind, and effects of open innovation in different stages of an industry life cycle. It argues that in the beginning of an industry life cycle, open innovation policies usually serve the dual purpose of exploring distant knowledge sources, and exploiting potential network effects to strengthen the installed base of a technology. In the later phases of the industry life cycle, after the emergence of a dominant design, open innovation incentives and effects depend largely on the product system architecture. Modularity at different parts of the product system is an important dimension which influences the types of open innovation strategies implemented by firms.
author Ozman,Muge
author_facet Ozman,Muge
author_sort Ozman,Muge
title Modularity, Industry Life Cycle and Open Innovation
title_short Modularity, Industry Life Cycle and Open Innovation
title_full Modularity, Industry Life Cycle and Open Innovation
title_fullStr Modularity, Industry Life Cycle and Open Innovation
title_full_unstemmed Modularity, Industry Life Cycle and Open Innovation
title_sort modularity, industry life cycle and open innovation
publisher Universidad Alberto Hurtado. Facultad de Economía y Negocios
publishDate 2011
url http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-27242011000100003
work_keys_str_mv AT ozmanmuge modularityindustrylifecycleandopeninnovation
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