The role of technology in the shift towards open innovation: the case of Procter & Gamble
University of Queensland · Queensland University of Technology · +1 more institution
Abstract
As with all new ideas, the concept of Open Innovation requires extensive empirical investigation, testing and development. This paper analyzes Procter and Gamble's ‘Connect and Develop’ strategy as a case study of the major organizational and technological changes associated with open innovation. It argues that although some of the organizational changes accompanying open innovation are beginning to be described in the literature, more analysis is warranted into the ways technological changes have facilitated open innovation strategies, particularly related to new product development. Information and communications technologies enable the exchange of distributed sources of information in the open innovation…
Citation impact
- FWCI
- 48.70
- Percentile
- 100%
- References
- 85
Authors
3Topics & keywords
- Open innovation
- Business
- New product development
- Suite
- Knowledge management
- Industrial organization
- Process (computing)
- Product (mathematics)
- Industry, innovation and infrastructure