Wim Vanhaverbeke

Broadening the scope of open innovation: past research, current state and future directions

In this first paper of the special issue, we identify some trends in open innovation research by analysing how the literature on this topics has evolved since the introduction of the concept in 2003. Research on open innovation has been mushrooming ever since and the scope has been broadened in different directions. Researchers also started to analyse open innovation at different level of analysis from the individual actors in organisations to ecosystems and national innovation systems. Despite the vast growth in research on open innovation, we identified several directions for further research: open innovation research should be linked to other management areas such as marketing, HRM, change management, etc. In addition, our understanding of open innovation could be improved if the recently developed insights could be related to the existing management theories.

Exploring a theoretical framework to structure the public policy implications of open innovation

Open innovation is increasingly popular among practitioners and scholars, but its implications for public policy making have not yet been analysed in detail. This paper explores a theoretical framework to structure the debate about public policy making that facilitates open innovation. We first define open innovation in terms of firms’ open innovation practices and external conditions that encourage enterprises to practice open innovation. We show that policies for open innovation are legitimate as traditional arguments like market and system failures continue to apply. Next, we identify several guidelines for policymaking. Rather than just offering R&D and interaction-oriented policies, we conclude that open innovation warrants attention in a broader range of policy areas, including entrepreneurship, education, science, labour markets and competition. Developing truly horizontal policies is a major challenge to facilitate open innovation in developed economies.

How Prior Corporate Venture Capital Investments Shape Technological Alliances: A Real Options Approach

This article investigates how prior corporate venture capital (CVC) relationships between two firms affect the likelihood of their subsequently entering a strategic alliance. Creating a portfolio of CVC investments provides the investing firm with a set of opportunities that can be pursued once the technological and market uncertainty have been reduced. If the technology appears to be promising, a follow–on investment, such as a strategic alliance, is made to ensure the transfer of the technological knowledge. This article shows that prior CVC investments can play a role in the formation of strategic alliances and investigates the conditions under which they are most likely to do so.

How Chinese firms employ open innovation to strengthen their innovative performance

China became the second-largest economy behind the USA in 2010. While there is quite some macroeconomic research documenting the technological catching-up of China as a nation, there is only little research studying how individual Chinese firms are catching up. This paper draws on the open innovation perspective to explore how Chinese firms improve their innovative performance. Our empirical analysis is based on a sample of 91 native Chinese firms in high-tech industries. The results indicate that Chinese

Have Chinese firms learned from their prior technology in-licensing? An analysis based on patent citations

With the rapid rise of Chinese economy, now ranking as the second largest economy in the world in 2010, many Chinese firms have started taking technological lead in the global market. Nevertheless, whether Chinese firms have learned from their prior in-licensing technologies and accumulated technological capabilities in sustaining their economic growth remains underexplored. This paper aims to fill this void. Using a unique dataset containing the information on licensing for 83 large Chinese firms in the electronic sector during 2000–2004, we find that these firms have successfully learned from the international technologies that they previously licensed-in when subsequent patent citations made by these Chinese licensee firms to their licensed patents are used to identify these successful learners.

The economics of rural areas in the proximity of urban networks: evidence from Flanders

Flanders is a densely populated, strongly urbanised region in Northwest Europe, but with still recognisable peri-urban rural territories. These territories have a distinct economic profile that is far from being marginal, but which has a diminishing role for agriculturally related economic activities. From a regionally-based economic approach, the authors argue that these rural areas act as flanking areas for the nearby urban areas, with mutual benefits. Therefore a model representing local economic development in these flanking rural territories can only be relevant if it takes into account this urban-rural partnership, in respect to the territorial identity and cultural features of both these types of areas. Copyright (c) 2003 by the Royal Dutch Geographical Society KNAG.

Patent pools and clearinghouses in the life sciences

The biopharmaceutical industry is slowly absorbing the idea of collaborative patent licensing models. Recently, two patent pools for developing countries have been launched: the Pool for Open Innovation against Neglected Tropical Diseases initiated by GlaxoSmithKline (GSK), which is referred to as the BIO Ventures for Global Health (BVGH) pool, and the Medicines Patent Pool (MPP) initiated by UNITAID. Various organizations have recommended using pools or clearinghouses beyond the humanitarian dimension where many patents are owned by many different actors. As a first attempt, MPEG LA, which administers patent pools in various technology fields, is now setting up a clearinghouse for patents related to molecular diagnostics. These examples as well as the results from an empirical study provide useful insights for the design and administration of future pools and clearinghouses in the life sciences.

The effect of internal and external technology sourcing on firm performance throughout the technology life cycle

In studies about the impact of technology sourcing on firm performance, the impact of the technology life cycle has thus far received scant attention. This paper investigates this topic from the knowledge-based perspective. Data was gathered from 22 PLD (Programmable Logic Device) manufacturers in the integrated circuit industry between 1986 and 2005, and used to test two hypotheses based on panel analysis: (1) that strategic alliance networks, as a mode of external technology sourcing, have a positive effect on a firms innovative and market performance early in the technology life cycle, and (2) that internal development as a mode of internal technology sourcing has a positive effect on a firms innovative and market performance later in the technology life cycle. Although both hypotheses are supported as far as market performance is concerned, neither is supported when it comes to innovative performance.

Patterns of R&D internationalisation in developing countries: China as a case

Some developing countries are emerging as nexuses in the globalisation of innovation activities, serving as the location for crucial R&D activities from developed multinational firms (DMFs), which are headquartered in developed countries, and spawning emerging multinational firms (EMFs), which are headquartered in developing countries and conduct some of their R&D in developed countries. This paper proposes a framework and a methodology to identify international patterns of innovation at the firm-level as well as at the national level. According to a reconstruction of the R&D owner-inventor structure, we develop the analytical framework as a 3 × 3 matrix and identify three different patterns for both EMFs and DMFs in the organisation of their R&D internationalisation activities. We derive from this matrix three patterns at the national level to describe the ways how a developing country can reach the global innovation stage. We use China as a case to verify this framework.

Reframing the role of lead users in radical innovations: an open innovation perspective

Developing a strong relation with lead-users can have a strong effect on the commercial success of radical innovations. We consider lead-user interaction as an important yet underexplored research topic in open innovation. In particular, we seize three themes defining the role of lead users. First, open innovation requires that the role of lead users is not analysed only at the dyad level but also at the value network level. Second, we use the innovation funnel as a tool to analyse the dynamics between lead users and the innovating firm. Finally, we show how outbound innovation activities of the innovating firm have a profound impact on the relationship between the innovating firm and its lead users.