Conceptual Basis and Status Quo of Research

Abstract

To date, there is no systematic research about the types of independent self-managed subsidiaries or business units —dealing with open innovation— of well-established incumbent companies present (Allmendinger & Kuckertz, 2016). Since no definition of this phenomenon exists and managers start these initiatives to take advantage of innovations created outside an organization, I define these subsidiaries or business units as corporate open innovation initiatives.