Open Innovation to Business Model

Yun, JinHyo Joseph; Yang, JeongHo; Park, Kyung Bae

doi:10.1177/0971721816661784

Cited by 62 publications

(54 citation statements)

References 66 publications

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“…One can note terms related to OI, such as INNOVATION, with OI ecosystem agents, such as UNIVERSITY, FIRM, and COMMUNITY (e.g., Alexander et al 2015;Miller et al 2016) as well as the role of the state: GOVERNANCE (e.g., George et al 2015). Regarding entrepreneurship, the term BUSINESS MODEL appears (e.g., Colombo et al 2016;Yun et al 2016b). Finally, a new term for measuring results emerges: VALUE CREATION (e.g., Herskovits et al 2013).…”

Section: Resultsmentioning

confidence: 99%

A Research Agenda on Open Innovation and Entrepreneurship: A Co-Word Analysis

Ortiz‐de‐Urbina‐Criado

Sánchez

Mora-Valentín

2018

Administrative Sciences

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This paper aims to contribute to a better understanding of the literature on open innovation and entrepreneurship. Several studies have applied bibliometric methods to innovation and entrepreneurship separately. However, no study has considered these fields in combination while using a bibliometric approach. The main aim of this paper is to understand the relationship between open innovation and entrepreneurship. We develop a descriptive analysis, focusing on temporal evolution, journals, authors, universities, countries, and keywords, and a co-word analysis.

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Section: Resultsmentioning

confidence: 99%

A Research Agenda on Open Innovation and Entrepreneurship: A Co-Word Analysis

Ortiz‐de‐Urbina‐Criado

Sánchez

Mora-Valentín

2018

Administrative Sciences

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“…Reference [25] identified four basic ways in which technologies and markets relate. Technically, these methods of relationship have the basic ingredients that may determine whether or not a developed product will thrive in the market.…”

Section: Business Models and The Concept Open Innovation: Market Linkmentioning

confidence: 99%

“…Thus, the innovations upon which business models driven by technology thrives will have the potential for big results. An understanding of what the business model entails may be crucial to detailing an open innovation [25]. Creating the value is the top most priority [3,14,25,27].…”

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confidence: 99%

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The Business Process Model and Notation of Open Innovation: The Process of Developing Medical Instrument

Tomášková

Penhaker

Augustýnek

et al. 2019

Journal of Open Innovation: Technology, Market, and Complexity

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The Business Process Model to represent the process of developing a medical device is presented in this paper. In the age of population aging and a growing amount of patients, enormous pressure is put on improving their care and living conditions. The development of medical devices is a complicated and expensive process. Therefore, the whole process was subjected to an analysis of business processes, and the resulting model was expressed using the Business Process Model and Notation (BPMN). The model aims to illustrate the consentient process of designing a medical device using graphical notation. This notation is suitable for displaying models of healthcare environments thanks to its user-friendliness and easy comprehensibility for all parties involved. In addition, this study demonstrates that the model in BPMN notation by its depth of specificity falls to the level of activity sub-processes. This level of abstraction allows a comprehensive view of the entire process, as well as future extensions for a more in-depth analysis and process mining techniques. the fields of biomedical science and technology gives rise to a paradoxical situation. On the one hand, the complexity of biomedical knowledge is increasing and requires more significant efforts for specialization and cooperation; on the other hand, the lifetime and timeliness of knowledge is significantly reduced [1]. It is evident that health care should be provided by safely designed [2,3] and effective [4,5] systems. These systems need to be explicitly designed to meet patient needs [1,5]. This assumption requires sufficient awareness of the patients to maintain control of their care.In terms of modeling these specific systems, it is essential to identify critical processes that will be modeled and then optimized. For most systems, it is not financially or time-feasible to analyze all processes, and even assuming this is possible, it is often unnecessary. It is always necessary to consider the priority of individual processes and focus primarily on improving processes with strategic importance for the operation of the system. Thus, process modeling becomes an important part of management, analysis, decision-making, and system optimization. There is a wide range of process approaches such as Activity-Based Costing [1], Business process Reengineering [6], Process Innovation [7] Workflow Management [8], Total Quality Management [9], and Supply Chain Management [10]. The range of these approaches, however, means a significant expansion of creators and users, which in turn places great emphasis on the clarity of these models. It is important to realize that the choice of modeling approach is inevitably dependent on the background of the decision problem or on the initial and resulting criteria. The findings of the research study by DiMasi, Grabowski, Hansen [2] revealed that the implementation of Business Process Model (BPM) contributes to resource optimization and quality enhancement. More specifically, the BPM enables to:

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“…PBL, which started in McMaster University Medical School in Canada in 1960, believes that student-centered learning cultivates students' positive attitudes and confidence through a troubleshooting process where they face problems in a real context, which results in effective self-directed learning (Barrows 1996). Also, Yun, Yang, et al (2016) mentioned "many pieces of knowledge that determine the amounts and qualities of individual humans' decision making and behaviors are of fundamental differences because of the variations among individuals, which are made through autonomous learning that surpasses humans' direct learning.". When students are able to utilize their knowledge and autonomous learning skills, students learn the way of finding the optimal solution by undergoing trials and errors, and by doing that individual students can reflect one's strong and weak points in terms of practices and time management.…”

Section: The Importance Of Creative Convergence Educationmentioning

confidence: 99%

Student customized creative education model based on open innovation

Kim

Ryoo

Ahn

2017

Journal of Open Innovation: Technology, Market, and Complexity

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As the creative economy has developed, the university has been given an important role of nurturing creative talents that companies desire to have. The most important objective in creative education is to provide a support system and a good environment for fostering creativity. This will help students in obtaining results and profits through experimenting as well as gaining experience in each step of the process in performing innovation by developing their ideas through utilizing self-directed information and knowledge. There are various creative economy-related businesses being conducted in Korea, which have been supported by the government since 2008, the supporting environment has been constructed to utilize the internal and external systems of universities. However, there are a number of cases where supporting projects that are possible to utilize are overlapping each other or support for projects is not available, as these sorts of supporting systems are designed according to the purpose and drawing performances for each business. For this, creating a "student customized innovation model" has been attempted by linking internal and external support for universities with a process of steps from design thinking to commercialization. The education model in universities should be established by balancing the roles and needs of enterprises, universities, and governments. An open innovation based system should be built for students who are being nurtured the university. The research method for this is as follows: First, the research aim was determined by considering the relationship between creative economy and the concept of open innovation. Second, a new model was developed by analyzing and doing case investigation of university convergence education programs that nurtured creativity. Third, this proposed model (CHEESE program (CHEESE Program stands for Creativity Human Emotional Experience Solution Evaluation)) was customized and designed based on the linkages between the creative education programs and open-innovation. Then, the outcomes from the project's three years test run were analyzed and organized. The development of the model was intended for design-engineering students based on integrating design-engineering thinking and activities in the process of innovation. The main objective of this study was to create a model (CHEESE program) based on the needs-centered activities that students wanted. This model has been restructured by linking the model with internal and external supporting projects of the university. The model has achieved continuous growth for 3 years and the performance has been improved in various aspects, such as patents, competition awards, and exhibition presentations. This project has drawn meaningful results in terms of experiencing the whole process of innovation, from the stage of determining an idea to making a prototype and commercializing it thorough exchanges with the internal and external systems of the university.

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Open Innovation to Business Model

Cited by 62 publications

References 66 publications

A Research Agenda on Open Innovation and Entrepreneurship: A Co-Word Analysis

A Research Agenda on Open Innovation and Entrepreneurship: A Co-Word Analysis

The Business Process Model and Notation of Open Innovation: The Process of Developing Medical Instrument

Student customized creative education model based on open innovation

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