How open innovation affects the drivers of competitive advantage

Richard Reed, Susan F. Storrud‐Barnes, Len Jessup · 2012 · Management Decision

Summary. Open innovation fundamentally reshapes how firms compete. While competitive advantage models remain valid, open innovation eliminates economic rents from property rights and reduces those from scale and capital requirements. However, rents from experience, differentiation, distribution, switching costs, networks, and reputation survive. Firms relying on innovation barriers, proprietary designs, or exclusive skills face long-term competitive losses under open innovation models.

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Reed, R., Storrud‐Barnes, S. F., & Jessup, L.. (2012). How open innovation affects the drivers of competitive advantage. Management Decision. https://doi.org/10.1108/00251741211194877

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  title   = {How open innovation affects the drivers of competitive advantage},
  author  = {Richard Reed and Susan F. Storrud‐Barnes and Len Jessup},
  journal = {Management Decision},
  year    = {2012},
  doi     = {10.1108/00251741211194877},
  url     = {https://doi.org/10.1108/00251741211194877}
}

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AU  - Richard Reed
AU  - Susan F. Storrud‐Barnes
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Details

DOI: 10.1108/00251741211194877
Countries: United States
Regions: North America
Categories: innovation-theory, general-innovation
Added: 2026-04-28