Open and Closed Innovation : Different Cultures for Different Strategies
Open Innovation is a phenomenon in both research and management practice. Since radical innovation or new business development often require external technologies or ways of commercialization, many firms have shifted from a Closed to an Open Innovation model. However, firms often face difficulties during the implementation. While the implementation effort usually focuses on external ideas and technologies as well as the processes to identify them, cultural challenges are neglected. Philipp Herzog develops a theoretical framework arguing that Open Innovation and Closed Innovation cultures need to be different (e.g. regarding the not-invented-here (NIH) syndrome). Based on a multi-respondent survey among 120 R&D employees from three business units of a leading chemical firm, he provides empirical evidence for many of the hypothesized differences in innovation culture.
كتب مشابهة
Trendo guest : Application for restaurants reservations
Trendo guest is a bilingual (arabic/english) application designed to streamline restaurant reservations and enhance customer experience. it offers tailored interfaces for customers, restaurant admins, and system admins. Key features include instant booking, interactive table selection, real-time availability, and flexible reservation management. The project integrates market research, swot and pestel analysis, and technical / financial feasibility studies. It applies agile methodology for development and planning. The system supports digital marketing, data analytics, and secure payment options. Future plans include expansion, tourism partnerships, and sustainability initiatives.
The role of artificial intelligence in improving financial performance and predicting risk : An empirical study on jpmorgan chase
Aims to investigate the effects of AI applications on the banking sector through a case study of JPMorgan Chase. The research studies how AI technology affects increases of financial performance, operational efficiency, and risk reduction and customers satisfaction. with jpmorgan as a point of reference, the research takes a close look at how tools such as the coin for contract review, fraud detection systems, chatbots, and algorithmic trading have proved revolutionary in modern banking.
The reality of investment funds and the possibility of their implementation in Syria
Explores the concept of investment funds and examines their applicability in Syria’s current economic context. It begins by outlining the definition, components, types, advantages, and risks of investment funds, along with the differences between investment funds and investment companies. Aslo highlights how investment funds have contributed to economic growth, diversification, and financial inclusion in various economic environments. It also identifies key challenges hindering the implementation of investment funds, such as a weak banking sector, lack of legal and regulatory frameworks, low transparency, and limited capital market development.
The performance of exchange traded funds (ETFs) : A comparison between dividend and commodity ETFs
Investigates the performance and risk characteristics of exchange-traded funds (ETFs) in the united states from 2017 to 2024, with a particular focus on dividend focused and commodity-focused ETFs. Motivated by the increasing prominence of ETFs as cost-effective, liquid, and diversified investment vehicles, this study examines their behaviour across stable and volatile market conditions, including the COVID-19 pandemic. Overall, this report enhances understanding of ETF dynamics in contemporary financial markets, and offers a foundation for future studies exploring global markets and technological advancements in ETF management.
