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California Management Review
California Management Review is a premier academic management journal published at UC Berkeley
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Article Information
Strategic Management of Open Innovation: A Dynamic Capabilities Perspective
Bogers, Marcel , Henry W. Chesbrough, Sohvi Heaton, and David J. Teece
62
/
1
(
Fall
2019
):
77
-
94
Open innovation has become well established as a new imperative for organizing innovation. In line with the increased use in industry, it has also attracted a lot of attention in academia. However, understanding the full benefits and possible limits of open innovation still remains a challenge. We draw on strategic management theory to describe some of these benefits and limits. More specifically, we develop a dynamic capabilities framework as a way to better understand the strategic management of open innovation, which can then help to better explain both success and failure in open innovation. With this background, as guest editors we introduce select papers published in this Special Section of California Management Review that were originally presented at the fifth annual World Open Innovation Conference, held in San Francisco, California, in December of 2018.
