Two Views on Open Innovation: Source of Dynamic Capabilities vs Threat for Corporate Stability
Small and medium-sized businesses make a significant contribution to the national GDP in both developed and developing countries. It is a constant focus of research; transformation processes take place here, which can affect a variety of socioeconomic aspects. In recent decades, open innovation and...
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| Format: | Article |
| Language: | English |
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National Research University Higher School of Economics
2024-09-01
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| Series: | Foresight and STI Governance |
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| Online Access: | https://foresight-journal.hse.ru/article/view/22528 |
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| _version_ | 1850215035894235136 |
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| author | Yonas Ferdinand Riwu Andi Aris Mattunruang |
| author_facet | Yonas Ferdinand Riwu Andi Aris Mattunruang |
| author_sort | Yonas Ferdinand Riwu |
| collection | DOAJ |
| description |
Small and medium-sized businesses make a significant contribution to the national GDP in both developed and developing countries. It is a constant focus of research; transformation processes take place here, which can affect a variety of socioeconomic aspects. In recent decades, open innovation and digital transformation have emerged as the emerging drivers encouraging companies to transform their business models. Their skillful combination allows players to move into a qualitatively different category. For small and medium-sized businesses, both new opportunities and complex challenges arise, which require a certain level of training and competencies.
Using the example of Indonesian business, this article analyzes these processes and their effects in the form of natural flows of information, ideas, knowledge, and other resources. The pitfalls of open innovation are revealed. This study enriches the information and empirical base on the creative impact of open innovation on MSMEs and its enhancing effects of communication on digital platforms.
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| format | Article |
| id | doaj-art-ec666d298df540d69f67dae65861113c |
| institution | OA Journals |
| issn | 2500-2597 |
| language | English |
| publishDate | 2024-09-01 |
| publisher | National Research University Higher School of Economics |
| record_format | Article |
| series | Foresight and STI Governance |
| spelling | doaj-art-ec666d298df540d69f67dae65861113c2025-08-20T02:08:43ZengNational Research University Higher School of EconomicsForesight and STI Governance2500-25972024-09-0118310.17323/2500-2597.2024.3.29.39Two Views on Open Innovation: Source of Dynamic Capabilities vs Threat for Corporate StabilityYonas Ferdinand Riwu0Andi Aris Mattunruang1University of Nusa CendanaUniversity of Patompo Small and medium-sized businesses make a significant contribution to the national GDP in both developed and developing countries. It is a constant focus of research; transformation processes take place here, which can affect a variety of socioeconomic aspects. In recent decades, open innovation and digital transformation have emerged as the emerging drivers encouraging companies to transform their business models. Their skillful combination allows players to move into a qualitatively different category. For small and medium-sized businesses, both new opportunities and complex challenges arise, which require a certain level of training and competencies. Using the example of Indonesian business, this article analyzes these processes and their effects in the form of natural flows of information, ideas, knowledge, and other resources. The pitfalls of open innovation are revealed. This study enriches the information and empirical base on the creative impact of open innovation on MSMEs and its enhancing effects of communication on digital platforms. https://foresight-journal.hse.ru/article/view/22528open innovationstrategiesnew business modelsdigital platformcompany productivitystrategic partnership |
| spellingShingle | Yonas Ferdinand Riwu Andi Aris Mattunruang Two Views on Open Innovation: Source of Dynamic Capabilities vs Threat for Corporate Stability Foresight and STI Governance open innovation strategies new business models digital platform company productivity strategic partnership |
| title | Two Views on Open Innovation: Source of Dynamic Capabilities vs Threat for Corporate Stability |
| title_full | Two Views on Open Innovation: Source of Dynamic Capabilities vs Threat for Corporate Stability |
| title_fullStr | Two Views on Open Innovation: Source of Dynamic Capabilities vs Threat for Corporate Stability |
| title_full_unstemmed | Two Views on Open Innovation: Source of Dynamic Capabilities vs Threat for Corporate Stability |
| title_short | Two Views on Open Innovation: Source of Dynamic Capabilities vs Threat for Corporate Stability |
| title_sort | two views on open innovation source of dynamic capabilities vs threat for corporate stability |
| topic | open innovation strategies new business models digital platform company productivity strategic partnership |
| url | https://foresight-journal.hse.ru/article/view/22528 |
| work_keys_str_mv | AT yonasferdinandriwu twoviewsonopeninnovationsourceofdynamiccapabilitiesvsthreatforcorporatestability AT andiarismattunruang twoviewsonopeninnovationsourceofdynamiccapabilitiesvsthreatforcorporatestability |