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New Taxonomy for Corporate Open Innovation Initiatives

Best Practices and an Empirical Validation among Germany's 500 Biggest Companies

  • Book
  • © 2020

Overview

Authors:
  1. Tim Blume

    1. Heiligenhaus, Germany

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  • First academic derivation of a taxonomy for corporate open innovation initiatives

Part of the book series: Innovationsmanagement und Entrepreneurship (IUE)

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Table of contents (7 chapters)

  1. Front Matter

    Pages I-XIII
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  2. Introduction

    • Tim Blume
    Pages 1-5

  3. Conceptual Basis and Status Quo of Research

    • Tim Blume
    Pages 7-23

  4. Taxonomy Development

    • Tim Blume
    Pages 25-37

  5. Test for Validity of the Taxonomy Matrix Within the German Market

    • Tim Blume
    Pages 39-57

  6. Managing Corporate Open Innovation Initiatives: An Explorative Case Study Approach within the German Market

    • Tim Blume
    Pages 59-234

  7. Development of Taxonomy Management Framework for Corporate Open Innovation Initiatives

    • Tim Blume
    Pages 235-243

  8. Conclusion

    • Tim Blume
    Pages 245-251

  9. Back Matter

    Pages 253-277
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Keywords

About this book

Academic literature used to lack a taxonomy regarding the types of repeatable structures and approaches that incumbent companies can use in order to deal with frequently business model threatening open innovation developments – threats that are often facilitated by start-up companies. The course of investigation provides a clustering taxonomy for these structures, so-called: corporate open innovation initiatives. Subsequently, the validity is tested by an in-depth analysis of Germany's 500 biggest companies along with 50 biggest banks and 30 biggest insurances. Furthermore, multiple case studies with industry experts show applicable management's best practices. Finally, a management framework is developed, which aims to be a summarizing tool for practitioners and researchers in order to define a suitable corporate strategy for creating an own corporate open innovation initiative.

Authors and Affiliations

  • Heiligenhaus, Germany

    Tim Blume

About the author

During his doctoral studies Dr. Tim Blume worked as a research assistant and lecturer in private equity at the EBS Universität für Wirtschaft und Recht, Wiesbaden, Germany.

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