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Title Open Innovation as an Adaptive Strategy in Mitigating the Challenges Posed by Digital Innovation
Full text https://research.wur.nl/en/publications/open-innovation-as-an-adaptive-strategy-in-mitigating-the-challen
Date 2024
Author(s) Ayamga, Matthew; Kassahun, Ayalew; Dolfsma, Wilfred; Tekinerdogan, Bedir
Abstract In the contemporary digital landscape, the rapid surge of digital innovations is profoundly reshaping societies, firms, and economies, offering unprecedented opportunities for efficiency, transformation, and growth. However, this transformative journey is not devoid of challenges and complexities intrinsic to innovation. Existing studies on digital innovation tend to focus more on the prospects, exploring the feasibility of open innovation. Yet, there is a conspicuous gap in perceiving open innovation as a proactive response to challenges encountered in the adoption and implementation of digital technologies. Filling this research gap, our study draws from interviews and documents to analyze the emergence of open innovation strategies as a result of firms' responses to challenges when introducing their digital innovations to farmers in Ghana. Our results illustrate that firms' responses to challenges faced led them to proactively utilize a combination of both internal and external resources. Internal resources were drawn from firms' capabilities in software and Artificial Intelligence (AI) development. The pursuit of external resources led firms to engage in partnerships with external parties, taking various forms: (1) tactical partnering, (2) operational partnering, (3) partnering to acquire new human resources, (4) partnerships for obtaining new financial resources, and (5) partnering for acquiring new competencies. Partnering for new financial resources in particular was due to the complexity of Big Data analysis that triggered firms to seek external support. Finally, we discuss these findings for theoretical and managerial implications dealing with the complexities of digital innovation and seeking effective open innovation practices.
Subject(s) Life Science
Language en
Relation https://edepot.wur.nl/669704
Type of publication Article in monograph or in proceedings
Format application/pdf
Rights (c) publisher; Wageningen University & Research
Identifier 10.5465/AMPROC.2024.15657abstract
Repository Wageningen - University of Wageningen
Added to C-A: 2024-09-12;10:13:49