Research output: Contribution to Journal/Magazine › Journal article › peer-review
Research output: Contribution to Journal/Magazine › Journal article › peer-review
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TY - JOUR
T1 - Open innovation among university spin-off firms: what is in it for them, and what can cities do?
AU - van Geenhuizen, Marina
AU - Soetanto, Danny
PY - 2012
Y1 - 2012
N2 - R&D and innovation increasingly take place in networks beyond the boundaries of a single firm with customers in a more important role than in previous times. This new innovation model has been labelled as open innovation. In studies on innovation, learning mechanisms have largely remained a black box, causing difficulty in assessing what the benefits of open innovation might be. This paper examines a particular category of high-tech firms, university spin-offs, and illustrates resources that are missing and the level of openness in learning networks to gain these resources. Spin-off firms from Delft University of Technology, The Netherlands, are taken as a case study. Resource deficiency among these firms mainly concerns understanding and accessing the market, whereas the learning networks point to a negative impact of relatively closed networks (strong relationships, mainly local/regional orientation), thereby confirming the need for more open innovation. Next, the paper turns to an assessment of the potentials of certain types of open innovation to further enhance the growth of spin-off firms. The paper also identifies various new (or renewed) roles of city governments in promoting open innovation in a new scenario.
AB - R&D and innovation increasingly take place in networks beyond the boundaries of a single firm with customers in a more important role than in previous times. This new innovation model has been labelled as open innovation. In studies on innovation, learning mechanisms have largely remained a black box, causing difficulty in assessing what the benefits of open innovation might be. This paper examines a particular category of high-tech firms, university spin-offs, and illustrates resources that are missing and the level of openness in learning networks to gain these resources. Spin-off firms from Delft University of Technology, The Netherlands, are taken as a case study. Resource deficiency among these firms mainly concerns understanding and accessing the market, whereas the learning networks point to a negative impact of relatively closed networks (strong relationships, mainly local/regional orientation), thereby confirming the need for more open innovation. Next, the paper turns to an assessment of the potentials of certain types of open innovation to further enhance the growth of spin-off firms. The paper also identifies various new (or renewed) roles of city governments in promoting open innovation in a new scenario.
KW - university spin-off firms
KW - job growth
KW - learning networks
KW - open innovation
KW - cities' roles
U2 - 10.1080/13511610.2012.660328
DO - 10.1080/13511610.2012.660328
M3 - Journal article
VL - 25
SP - 191
EP - 207
JO - Innovation: The European Journal of Social Science Research
JF - Innovation: The European Journal of Social Science Research
SN - 1351-1610
IS - 2
ER -