2021
DOI: 10.3390/joitmc7010099
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Multidexterity—A New Metaphor for Open Innovation

Abstract: Open innovation will have an important role to play in recovering from the aftermath of the coronavirus and it has already made a crucial contribution. The prism of COVID-19 (“COVID” hereafter) has made more vivid both the complexity and unpredictability of managing innovation. This article considers why today’s open, intrinsically unpredictable business environments require updated theories for managing innovation. Concept formation lies at the heart of all social science progress and in this paper, we propos… Show more

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Cited by 26 publications
(24 citation statements)
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“…Furthermore, this study proved that the alliance with the research organization contributes to the positive effect of the interaction between functional diversity and alliance management capability on the innovative performance. This result implies that it can be an important "multidexterity" strategy for precision medicine companies to reduce risk in their business operations [75]. Therefore, it is necessary to pay attention to the composition of the alliance portfolio with research institutes as a catalyst for enhancing innovation performance.…”
Section: Discussionmentioning
confidence: 99%
“…Furthermore, this study proved that the alliance with the research organization contributes to the positive effect of the interaction between functional diversity and alliance management capability on the innovative performance. This result implies that it can be an important "multidexterity" strategy for precision medicine companies to reduce risk in their business operations [75]. Therefore, it is necessary to pay attention to the composition of the alliance portfolio with research institutes as a catalyst for enhancing innovation performance.…”
Section: Discussionmentioning
confidence: 99%
“…Companies must adapt to existing changes to survive and face challenges [13]. Open innovation has an essential contribution to business recovery during this pandemic [14]. Regardless of their size or influential industry, open innovation is increasingly a key predictor of corporate success, effective performance, and organization survival [15].…”
Section: Literature Reviewmentioning
confidence: 99%
“…Open innovations [43,44]-due to their availability and being free of charge-require a systemic approach, without which their dissemination would not be possible; therefore, the literature on the subject emphasises their multi-level nature [45,46], referring to:…”
Section: Open Innovations: System and Technological Complexitymentioning
confidence: 99%