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How does open innovation lead competitive advantage? A dynamic capability view perspective

Ki-Baek Lee, Jaeheung Yoo · 2019 · PLoS ONE

Summary. Open innovation creates competitive advantage through product innovation, but only when organizations develop the right capabilities. The study identifies three critical capabilities: transforming capability acts as a foundation that enables sensing and seizing capabilities, which together drive product innovation and competitive advantage. Organizations pursuing open innovation must deliberately build these interconnected capabilities to succeed.

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Lee, K., & Yoo, J.. (2019). How does open innovation lead competitive advantage? A dynamic capability view perspective. PLoS ONE. https://doi.org/10.1371/journal.pone.0223405

Details

DOI
10.1371/journal.pone.0223405
Countries
South Korea
Regions
Asia
Categories
innovation-theory, innovation-networks, general-innovation
Added
2026-04-28