Journal
BUSINESS HORIZONS
Volume 57, Issue 3, Pages 391-400Publisher
ELSEVIER
DOI: 10.1016/j.bushor.2013.12.009
Keywords
Open innovation; Transforming government; Ecosystems; Public sector effectiveness; Best management practices; Hackathon; Crowdsourcing
Categories
Funding
- Office of Advanced Cyberinfrastructure (OAC)
- Direct For Computer & Info Scie & Enginr [1219832] Funding Source: National Science Foundation
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Open innovation has received substantial business attention as a means of providing firms in hyper-competitive environments with the ability to create a stream of new products and services. For open innovation, organizing external sources correctly is a critical capability; current literature suggests that external sources should be organized either as collaborative communities or as competitive markets. While firms have generally been slow to adopt open innovation, many cities in the U.S. and Europe have been quick to embrace it-providing needed field-based experience on how to organize external sources. Based on our examination of six cities opening their data for innovation, we found that while cities often started with one or the other approach to organizing their external sources, each approach was inadequate in ways that could potentially be addressed by the addition of the other approach. Thus, we conclude with an integrated approach in which the needs of the entire ecosystem of sources and supporters of innovation are organized to address both competitive and community needs. (C) 2014 Kelley School of Business, Indiana University. Published by Elsevier Inc. All rights reserved.
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