Creating shared value through open innovation approaches: Opportunities and challenges for corporate sustainability

Mark Anthony Camilleri, Ciro Troise, Serena Strazzullo, Stefano Bresciani · 2023 · Business Strategy and the Environment

Summary. Open innovation—where businesses collaborate with external partners—can advance corporate sustainability across economic, social, and environmental goals. External stakeholders help companies develop sustainable innovations, enter new markets, and create revenue streams while addressing social deficits. However, open innovation exposes organizations to risks including information leakage and difficulty controlling partner conduct, making trust and governance challenging.

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Camilleri, M. A., Troise, C., Strazzullo, S., & Bresciani, S.. (2023). Creating shared value through open innovation approaches: Opportunities and challenges for corporate sustainability. Business Strategy and the Environment. https://doi.org/10.1002/bse.3377

@article{camilleri-2023-creating-shared-value-open-innovation,
  title   = {Creating shared value through open innovation approaches: Opportunities and challenges for corporate sustainability},
  author  = {Mark Anthony Camilleri and Ciro Troise and Serena Strazzullo and Stefano Bresciani},
  journal = {Business Strategy and the Environment},
  year    = {2023},
  doi     = {10.1002/bse.3377},
  url     = {https://doi.org/10.1002/bse.3377}
}

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Details

DOI: 10.1002/bse.3377
Countries: United States, United Kingdom, Italy
Regions: North America, Europe
Categories: innovation-networks, innovation-theory, general-innovation
Added: 2026-04-28