An Examination of Independent Inventor Integration in Open Innovation
Abstract
Open Innovation allows independent inventors to become suppliers of new product ideas to businesses. Unfortunately, only a small percentage of independent inventor approaches, to companies operating Open Innovation mechanisms, result in a commercialised product. Preliminary Critical Success Factors proposed in the previous chapter seek to improve the ability of independent inventors to operate as effective suppliers of new product ideas to businesses through Open Innovation. This chapter will take the preliminary critical success factors proposed in the previous chapter and utilise them as priori constructs (Eisenhardt, 1989) as evidence is sought through case study for their presence or non-presence in a practical context. A case study on the Caparo RightFuel, an automotive device originating from an independent inventor and commercialised through an Open Innovation model, forms the basis of this chapter.Citation
In: Nobre, Farley Simon, David Walker, and Robert J. Harris; Technological, Managerial and Organizational Core Competencies: Dynamic Innovation and Sustainable Development; IGI Global, 2012, chapter 9, pp 146-166Publisher
IGI GlobalType
Chapter in bookLanguage
enISBN
9781613501658ae974a485f413a2113503eed53cd6c53
10.4018/978-1-61350-165-8