Collaborative innovation by Haluk Demirkan, University of Washington-Tacoma, USA, Jim Spohrer, IBM, USA and Nicholas Donofrio, IBM, USA

A new contribution “collaborative innovation” by Haluk Demirkan, Jim Spohrer and Nicholas Donofrio to  The Palgrave Encyclopedia Of Strategic Management Edited by Mie Augier and David J. Teece.

http://www.palgraveconnect.com/esm/doifinder/10.1057/9781137294678.0103

http://www.palgraveconnect.com/esm/

Definition: Collaborative innovation is a dynamic capability of entities for sensing, seizing and managing new levels of socio-economic transformation, based on opportunity sharing within and between multidisciplinary, multi-sector, multicultural researchers, practitioners and policymakers, in order to realize open innovations more effectively and efficiently.

Abstract: Exploiting routine collaborations based on division of labour or comparative advantage is fundamental to socio-economic evolution. In contrast, collaborative innovation is a dynamic capability (Teece, Pisano and Shuen, 1997) of entities exploring necessary modes of socio-economic transformation and evolution.

Keywords: dynamic capability; innovation; open innovation; outcomes; service entities; value