Introduction of an objective model to measure open innovation and its application to the information technology convergence sector

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Abstract

This study attempts to develop a new objective method to measure open innovation. It proposes a new concept for measuring open innovation using patent information to improve on the ideas of the 'width' and 'depth' dimensions of open innovation. Based on the review of related literature, three open innovation measures are proposed: Ratio of Open Innovation (ROI), Intensity of Open Innovation (IOI) and Total Level of Open Innovation (TOI). These measures are applied to compare open innovation levels between nations and between firms as well as to analyse the effect of open innovation on firm performance.

Original languageEnglish
Pages (from-to)383-400
Number of pages18
JournalInternational Journal of Technology, Policy and Management
Volume14
Issue number4
DOIs
StatePublished - 1 Jan 2014

Bibliographical note

Publisher Copyright:
© 2014 Inderscience Enterprises Ltd.

Keywords

  • Intensity of open innovation
  • Open innovation
  • Ratio of open innovation
  • Total level of open innovation

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