The Elgar Companion to Innovation and Knowledge Creation
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The Elgar Companion to Innovation and Knowledge Creation

Edited by Harald Bathelt, Patrick Cohendet, Sebastian Henn and Laurent Simon

This unique Companion provides a comprehensive overview and critical evaluation of existing conceptualizations and new developments in innovation research. It draws on multiple perspectives of innovation, knowledge and creativity from economics, geography, history, management, political science and sociology. The Companion brings together leading scholars to reflect upon innovation as a concept (Part I), innovation and institutions (Part II), innovation and creativity (Part III), innovation, networking and communities (Part IV), innovation in permanent spatial settings (Part V), innovation in temporary, virtual and open settings (Part VI), innovation, entrepreneurship and market making (Part VII), and the governance and management of innovation (Part VIII).
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Chapter 6: Broadening the concept of open innovation

Wim Vanhaverbeke

Abstract

Open innovation has developed into a bourgeoning area of innovation management research. Yet, despite the success of open innovation, research in that area has a much larger potential as an innovation framework if we broaden the scope of open innovation research. More specifically, I argue that open innovation practices should not only be related to new product development but to all possible strategic drivers such as new product development is less obvious in several businesses. Next, there is an increasing need to connect and integrate open innovation literature to new developments in other segments of the management literature: More specifically, I try to match open innovation to “The End of Competitive Advantage” of Rita McGrath.

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