RENEWAL AND OPEN INNOVATION

According with Meisiek & Haefliger (2007) the Innovation iterations could happen between two dimensions: one towards the problem and one towards the community. While problem-focus refers to the purposeful trials to find and solve an attractive problem with the resources at hand, community-focus denotes the opening of the problem-finding and solving process towards a wider group of self-selected stakeholders. The iterative advances on both dimensions foster renewal and allows entrepreneurial firms to develop andcommercialize innovations that are perceived as meaningfully novel. There are still many questions surrounding renewal and recognizable novelty, but in point of view of Meisiek & Haefliger (2007) the entrepreneurship and innovation researchers have made a start in uncovering the relationship and found that renewal is a promising way to involve stakeholders into a process that bridges familiar and unfamiliar to generate novel artifacts.



Source: Stefan Meisiek, Universidade Nova de Lisboa and Stefan Haefliger, ETH Zurich

http://www.mitportugal.org/files/65/65_MeisiekHaefliger.pdf

Sharing Knowledge...to BE OPEN