Strategic Incentive Systems For Open Innovation

Managing Distributed Innovation: Strategic Utilization of Open and User Innovation

Research from a variety of perspectives has argued that innovation no longer takes place within a single organization, but rather is distributed across multiple stakeholders in a value network. Here we contrast the vertically integrated innovation model to open innovation, user innovation, as well as other distributed processes (cumulative innovation, communities or social production, and co-cr...

The Strategic Planning for Open Systems Environoments

Opening Embedded Systems for Open Innovation

Openness for open innovation is becoming increasingly important in the field of embedded systems (ES). ES are traditionally designed for a particular purpose, however most ES firms are beginning to open up their systems. This allows third parties to enhance them with additional software, or hardware components. It is not enough to just provide access to a system though, it also requires that it...

A Roadmap for Open Innovation Systems

Open innovation systems have provided organizations with unprecedented access to the “wisdom of the crowd,” allowing them to collect candidate solutions for problems they care about, from potentially thousands of individuals, at very low cost. These systems, however, face important challenges deriving, ironically, from their very success: they can elicit such high levels of participation that i...

Incentive-Compatible Revenue Management in Queueing Systems: Optimal Strategic Delay

H should a firm design a price/lead-time menu and scheduling policy to maximize revenues from heterogeneous time-sensitive customers with private information about their preferences? We consider this question for a queueing system with two customer types and provide the following results. First, we develop a novel problem formulation and solution method that combines the achievable region appro...