Osorno Koria Ramirez 2022 OI Value Creation from UIC.pdf (758.41 kB)
Download file

Open innovation with value co-creation from university–industry collaboration

Download (758.41 kB)
journal contribution
posted on 27.01.2022, 14:33 by Roberto Osorno-Hinojosa, Mikko KoriaMikko Koria, Delia del Carmen Ramírez Vázquez
While open innovation and university–industry collaboration contribute significantly to innovation in industrialized countries, it is less clear how these create value in emerging economies and new application contexts. This study examines the introduction of global practices into the Nicaraguan context. Adopting a service-dominant logic perspective of value co-creation through interaction on multiple levels, we noted the importance of systemic orchestration or staging of the ecosystem, organizations, and challenge project delivery. We also recognize the importance of enabling activities and spaces that promote innovation. While our findings indicated that the expected and perceived value creation did not fully match, we found encouraging signs of the build-up of foundational practices to support national development agendas. There is evidence of shifted mindsets and looped learning across the system. We propose a model for the systemic development of enabling structures, value creation, and innovation spaces when transferring practices into new application areas. We expect this model to be useful for practitioners when planning and engaging in transferring open innovation practices across application contexts. The study contributes to our knowledge and practice of creating value through applying open innovation within university–industry collaboration in emerging economies, a little-studied theme.

History

School

  • Loughborough University London

Published in

Journal of Open Innovation: Technology, Market, and Complexity

Volume

8

Issue

1

Publisher

MDPI

Version

VoR (Version of Record)

Rights holder

© The Authors

Publisher statement

This is an Open Access Article. It is published by MDPI under the Creative Commons Attribution 4.0 International Licence (CC BY 4.0). Full details of this licence are available at: https://creativecommons.org/licenses/by/4.0/

Acceptance date

24/01/2022

Publication date

2022-01-27

Copyright date

2022

ISSN

2199-8531

Language

en

Depositor

Prof Mikko Koria. Deposit date: 27 January 2022

Article number

32