2022
DOI: 10.24251/hicss.2022.059
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Open Innovation Platform Design: The Case of Social Product Development

Abstract: Open Innovation as a new product development strategy has been used by businesses for decades. However, Social Product Development (SPD) has been recently introduced and popularized as an open innovation business model. The SPD model formalizes and monetizes the collaboration between an organization and creative communities through introducing new products and services. Either managed by intermediaries or directly by innovation sponsors, SPD platforms enable and support online innovative communities to ideate,… Show more

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