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Dynamics of Open Innovation

  • JinHyo Joseph Yun
Chapter
Part of the Management for Professionals book series (MANAGPROF)

Abstract

We created conceptual models that might be used to analyze and forecast the dynamic effects of open innovation. We then applied these models to the smartphone sector using a model-based analysis approach. In addition, we built an open innovation simulation model for the smartphone sector. The dynamic model of open innovation will link logic and concepts relating open innovation, complex adaptive systems, and evolutionary change. The model was used to analyze the dynamic effects of open innovation strategies and open innovation simulation for the selection of future strategies.

Keywords

Open innovation Complex adaptive system Evolutionary change Smartphone 

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Copyright information

© Springer Nature Singapore Pte Ltd. 2017

Authors and Affiliations

  • JinHyo Joseph Yun
    • 1
  1. 1.Tenured Researcher of DGIST and Professor of Open Innovation Academy of SOItmCDaeguKorea, Republic of (South Korea)

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