Open Innovation Strategy in Indonesia ICT Industries
<p>The research objective is establishing the relationship between business model, open innovation, and a firm’s performance in context-based corporate accelerator program held by Indonesia ICT industries. The crucial relationships between startup and industry collaboration are: co-creation; I...
| Main Authors: | , , , , |
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| Format: | Article |
| Language: | English |
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Prasetiya Mulya Publishing
2022-06-01
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| Series: | International Research Journal of Business Studies |
| Subjects: | |
| Online Access: | https://irjbs.com/index.php/jurnalirjbs/article/view/2596 |
| _version_ | 1797679267298934784 |
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| author | Rivira Yuana Eko Agus Prasetio Rizal Syarief Yandra Arkeman Arif Imam Suroso |
| author_facet | Rivira Yuana Eko Agus Prasetio Rizal Syarief Yandra Arkeman Arif Imam Suroso |
| author_sort | Rivira Yuana |
| collection | DOAJ |
| description | <p>The research objective is establishing the relationship between business model, open innovation, and a firm’s performance in context-based corporate accelerator program held by Indonesia ICT industries. The crucial relationships between startup and industry collaboration are: co-creation; IP-sharing; reducing R&D costs; the need for risk sharing; and the primary driver of companies’ sustainability growth. Co-creation becomes the most reliable driver in the issue of the importance of collaboration, and it leads to an independent factor that should be firstly developed and continuously improved. The IP-sharing and risk-sharing factors are both reliable drivers but medium dependent. The startups and industries must have a proper contractual agreement once they decide to share the IP and risk. The integrity factor will be necessary for mutual benefit. Reducing R&D costs and the main driver of the company’s sustainability growth are the dependent variables or outcomes of the collaboration between startups and leading industries.</p><p><img src="https://upload.wikimedia.org/wikipedia/commons/thumb/1/11/DOI_logo.svg/18px-DOI_logo.svg.png" alt="" /><span> https://doi.org/10.21632/irjbs.15.1.79-96</span></p> |
| first_indexed | 2024-03-11T23:12:03Z |
| format | Article |
| id | doaj.art-f6bea5aeb2ad4bcb898a9ea314c94252 |
| institution | Directory Open Access Journal |
| issn | 2089-6271 2338-4565 |
| language | English |
| last_indexed | 2024-03-11T23:12:03Z |
| publishDate | 2022-06-01 |
| publisher | Prasetiya Mulya Publishing |
| record_format | Article |
| series | International Research Journal of Business Studies |
| spelling | doaj.art-f6bea5aeb2ad4bcb898a9ea314c942522023-09-21T07:52:43ZengPrasetiya Mulya PublishingInternational Research Journal of Business Studies2089-62712338-45652022-06-01151799610.21632/irjbs.15.1.79-96284Open Innovation Strategy in Indonesia ICT IndustriesRivira Yuana0Eko Agus Prasetio1Rizal Syarief2Yandra Arkeman3Arif Imam Suroso4School of Business, IPB University, Jl. Raya Pajajaran, RT.03/RW.06, Babakan, Kecamatan Bogor Tengah, Kota Bogor, Jawa Barat 16128School of Business Management, Bandung Institute of Technology, Jl. Ganesa No.10, Lb. Siliwangi, Kecamatan Coblong, Kota Bandung, Jawa Barat 40132School of Business, IPB University, Jl. Raya Pajajaran, RT.03/RW.06, Babakan, Kecamatan Bogor Tengah, Kota Bogor, Jawa Barat 16128School of Business, IPB University, Jl. Raya Pajajaran, RT.03/RW.06, Babakan, Kecamatan Bogor Tengah, Kota Bogor, Jawa Barat 16128School of Business, IPB University, Jl. Raya Pajajaran, RT.03/RW.06, Babakan, Kecamatan Bogor Tengah, Kota Bogor, Jawa Barat 16128<p>The research objective is establishing the relationship between business model, open innovation, and a firm’s performance in context-based corporate accelerator program held by Indonesia ICT industries. The crucial relationships between startup and industry collaboration are: co-creation; IP-sharing; reducing R&D costs; the need for risk sharing; and the primary driver of companies’ sustainability growth. Co-creation becomes the most reliable driver in the issue of the importance of collaboration, and it leads to an independent factor that should be firstly developed and continuously improved. The IP-sharing and risk-sharing factors are both reliable drivers but medium dependent. The startups and industries must have a proper contractual agreement once they decide to share the IP and risk. The integrity factor will be necessary for mutual benefit. Reducing R&D costs and the main driver of the company’s sustainability growth are the dependent variables or outcomes of the collaboration between startups and leading industries.</p><p><img src="https://upload.wikimedia.org/wikipedia/commons/thumb/1/11/DOI_logo.svg/18px-DOI_logo.svg.png" alt="" /><span> https://doi.org/10.21632/irjbs.15.1.79-96</span></p>https://irjbs.com/index.php/jurnalirjbs/article/view/2596open innovation (oi)corporate accelerator (ca)startupsco-creationinterpretive structural modelling (ism). |
| spellingShingle | Rivira Yuana Eko Agus Prasetio Rizal Syarief Yandra Arkeman Arif Imam Suroso Open Innovation Strategy in Indonesia ICT Industries International Research Journal of Business Studies open innovation (oi) corporate accelerator (ca) startups co-creation interpretive structural modelling (ism). |
| title | Open Innovation Strategy in Indonesia ICT Industries |
| title_full | Open Innovation Strategy in Indonesia ICT Industries |
| title_fullStr | Open Innovation Strategy in Indonesia ICT Industries |
| title_full_unstemmed | Open Innovation Strategy in Indonesia ICT Industries |
| title_short | Open Innovation Strategy in Indonesia ICT Industries |
| title_sort | open innovation strategy in indonesia ict industries |
| topic | open innovation (oi) corporate accelerator (ca) startups co-creation interpretive structural modelling (ism). |
| url | https://irjbs.com/index.php/jurnalirjbs/article/view/2596 |
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