The role of digital platforms in facilitating open innovation processes

Agus Budiyono

Abstract


Open innovation has emerged as a transformative approach for organizations seeking to leverage external knowledge and resources to drive innovation. In recent years, digital platforms have gained significant prominence as facilitators of open innovation processes. This paper examines the role of digital platforms in enabling and enhancing open innovation activities within industry. Drawing upon an extensive review of existing literature and empirical case studies, this study highlights the key contributions of digital platforms in the open innovation landscape. It explores how digital platforms facilitate the identification, acquisition, and integration of external knowledge and ideas, foster collaboration and co-creation among diverse stakeholders, and streamline the process of knowledge transfer and diffusion. Furthermore, this paper investigates the challenges and opportunities associated with digital platforms in open innovation, including issues related to intellectual property, data security, and platform governance. Insights from this research provide valuable guidance for organizations seeking to harness the potential of digital platforms to optimize their open innovation endeavors, cultivate innovation ecosystems, and gain a competitive edge in today's rapidly evolving digital economy.

Keywords


open innovation, collaboration, digital platform

References


• Budiyono, Agus. ‘Startups and Open Innovation: Leveraging Collaboration for Success’. Progress and Communication in Science, vol. 5, no 1, 2018

• Budiyono, Agus. ‘Managing Intellectual Property Rights in Open Innovation’. Progress and Communication in Science, vol. 5, no 2, 2018

• Budiyono, Agus. ‘Open Innovation in Emerging Markets: Unleashing Competitive Advantage’. Progress and Communication in Science, vol. 6, no 1, 2019

• Budiyono, Agus. ‘Open innovation metrics and evaluation’. Progress and Communication in Science, vol. 6, no 2, 2019

• Budiyono, Agus. ‘Open Innovation and Organizational Culture: A Synergistic Approach for Industry Advancement’. Progress and Communication in Science, vol. 7, no 1, 2020

• Budiyono, Agus. ‘Open Innovation and Sustainability: Harnessing Collaboration for a Greener Future’. Progress and Communication in Science, vol. 7, no 2, 2020

• Chesbrough, Henry, and Adrienne Kardon Crowther. ‘Beyond High Tech: Early Adopters of Open Innovation in Other Industries’. R&d Management, vol. 36, no. 3, Wiley Online Library, 2006, pp. 229–236.

• Chesbrough, Henry. ‘Open Innovation: A New Paradigm for Understanding Industrial Innovation’. Open Innovation: Researching a New Paradigm, vol. 400, Oxford University Press Oxford, 2006, pp. 0–19.

• Enkel, Ellen, et al. ‘Open R&D and Open Innovation: Exploring the Phenomenon’. R&d Management, vol. 39, no. 4, Wiley Online Library, 2009, pp. 311–316.


Refbacks

  • There are currently no refbacks.




Creative Commons License
This work is licensed under a Creative Commons Attribution 3.0 License.