2013
DOI: 10.1142/9781783262816_0014
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Open Innovation: Old Ideas in a Fancy Tuxedo Remedy a False Dichotomy

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Cited by 3 publications
(3 citation statements)
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“…An adequate analysis of how the market behaves and evolves is essential for adaptability and mission to become the backbone of an OC conducive to innovation. However, it does not necessarily imply a radical transformation of the organization's design since most organizations perform marketing and strategic functions that help formalize external and market analysis (Trott, 2021). We are not claiming this is a simple task; the point is that it requires the development of functions that most firms already perform.…”
Section: Discussionmentioning
confidence: 99%
“…An adequate analysis of how the market behaves and evolves is essential for adaptability and mission to become the backbone of an OC conducive to innovation. However, it does not necessarily imply a radical transformation of the organization's design since most organizations perform marketing and strategic functions that help formalize external and market analysis (Trott, 2021). We are not claiming this is a simple task; the point is that it requires the development of functions that most firms already perform.…”
Section: Discussionmentioning
confidence: 99%
“…OI as a concept was introduced by Henry Chesbrough, but it is debated whether or not it is something genuinely new or simply a repackage of existing theories and practices in innovation strategies [34,35]. The different approaches and the lack of clear demarcations and definitions of innovation concepts like user innovation, OI, and crowdsourcing is apparent [20].…”
Section: Open Innovation and Open Sustainability Innovationmentioning
confidence: 99%
“…However, argues that the concept of open innovation is not new and is actually a rebranding of the historical market process of exchange and specialisation, under the domain of business management. This was agreed upon by Trott and Hartmann (2013), who argued that the concept of open innovation is only a mere relabelling of "old ideas in a fancy tuxedo" and is actually, merely "old wine in new bottles" (p. 359). Equally, Tidd and Bessant (2021) suggest that the concept is no longer new or original, and that some form of collaboration or licencing is always necessary.…”
Section: Evolutionmentioning
confidence: 96%