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OPEN VERSUS CLOSED INNOVATION: A MODEL OF DISCOVERY AND DIVERGENCE.

Esteve Almirall, Ramon Casadesus‐Masanell · 2010 · Academy of Management Review

Summary. Open innovation enables firms to discover product feature combinations that closed innovation misses. However, when partners have conflicting goals, open innovation limits the firm's control over technological direction. The optimal innovation approach depends on balancing discovery benefits against coordination costs from partner divergence.

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Almirall, E., & Casadesus‐Masanell, R.. (2010). OPEN VERSUS CLOSED INNOVATION: A MODEL OF DISCOVERY AND DIVERGENCE. Academy of Management Review. https://doi.org/10.5465/amr.2010.45577790

Details

DOI
10.5465/amr.2010.45577790
Countries
Spain, United States
Regions
Europe, North America
Categories
innovation-theory, innovation-networks, general-innovation
Added
2026-04-28