Open Innovation and Business Model: A Brazilian Company Case Study

Open Innovation is increasingly being introduced in international and national organizations for the creation of value. Open innovation is a practical tool, requiring new strategies and decisions from managers for the exploitation of innovative activities. The basic question that this study seeks to...

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Main Authors: Elzo Alves Aranha, Neuza Abudd Prado Garcia, Giselle GiselleCorrêa
Format: Article
Language:English
Published: Universidad Alberto Hurtado 2015-12-01
Series:Journal of Technology Management & Innovation
Subjects:
Online Access:https://www.jotmi.org/index.php/GT/article/view/1749
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author Elzo Alves Aranha
Neuza Abudd Prado Garcia
Giselle GiselleCorrêa
author_facet Elzo Alves Aranha
Neuza Abudd Prado Garcia
Giselle GiselleCorrêa
author_sort Elzo Alves Aranha
collection DOAJ
description Open Innovation is increasingly being introduced in international and national organizations for the creation of value. Open innovation is a practical tool, requiring new strategies and decisions from managers for the exploitation of innovative activities. The basic question that this study seeks to answer is linked to the practice of open innovation in connection with the open business model geared towards the creation of value in a Brazilian company. This paper aims to present a case study that illustrates how open innovation offers resources to change the open business model in order to create value for the Brazilian company. The case study method of a company in the sector of pharma-chemical products was used. The results indicate that internal sources of knowledge, external sources of knowledge and accentuate working partnerships were adopted by company as strategies to offer resources to change the open business model in order to create value.
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spelling doaj.art-34a73323524744d59e0971c12106e8cf2022-12-21T20:14:31ZengUniversidad Alberto HurtadoJournal of Technology Management & Innovation0718-27242015-12-0110410.4067/S0718-27242015000400010995Open Innovation and Business Model: A Brazilian Company Case StudyElzo Alves Aranha0Neuza Abudd Prado Garcia1Giselle GiselleCorrêa2Production Engineering and Management Institute, Federal University of Itajubá, Itajubá, Minas GeraisNove de Julho University, São PauloProduction Engineering and Management Institute, Federal University of Itajubá, Itajubá, Minas GeraisOpen Innovation is increasingly being introduced in international and national organizations for the creation of value. Open innovation is a practical tool, requiring new strategies and decisions from managers for the exploitation of innovative activities. The basic question that this study seeks to answer is linked to the practice of open innovation in connection with the open business model geared towards the creation of value in a Brazilian company. This paper aims to present a case study that illustrates how open innovation offers resources to change the open business model in order to create value for the Brazilian company. The case study method of a company in the sector of pharma-chemical products was used. The results indicate that internal sources of knowledge, external sources of knowledge and accentuate working partnerships were adopted by company as strategies to offer resources to change the open business model in order to create value.https://www.jotmi.org/index.php/GT/article/view/1749open innovationopen business modelinternal and external sources of knowledgepartnerships
spellingShingle Elzo Alves Aranha
Neuza Abudd Prado Garcia
Giselle GiselleCorrêa
Open Innovation and Business Model: A Brazilian Company Case Study
Journal of Technology Management & Innovation
open innovation
open business model
internal and external sources of knowledge
partnerships
title Open Innovation and Business Model: A Brazilian Company Case Study
title_full Open Innovation and Business Model: A Brazilian Company Case Study
title_fullStr Open Innovation and Business Model: A Brazilian Company Case Study
title_full_unstemmed Open Innovation and Business Model: A Brazilian Company Case Study
title_short Open Innovation and Business Model: A Brazilian Company Case Study
title_sort open innovation and business model a brazilian company case study
topic open innovation
open business model
internal and external sources of knowledge
partnerships
url https://www.jotmi.org/index.php/GT/article/view/1749
work_keys_str_mv AT elzoalvesaranha openinnovationandbusinessmodelabraziliancompanycasestudy
AT neuzaabuddpradogarcia openinnovationandbusinessmodelabraziliancompanycasestudy
AT gisellegisellecorrea openinnovationandbusinessmodelabraziliancompanycasestudy