The Interorganizational Context of Open Innovation

Abstract

Abstract Open innovation is almost by definition related to the establishment of ties of innovating firms with other organizations. Companies are increasingly forced to team up with other companies to develop or absorb new technologies, commercialize new products, or simply to stay in touch with the latest technological developments. Firms are working more and more as part of broader networks to create customer value. Those networks are based on the collaborative efforts of specialist companies each providing complementary intermediate goods and services. As Information and Communication Technology (ICT) becomes a powerful technology, it allows those companies to be linked by sophisticated business-to-business information systems.

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