Managing Organizational Open Innovation Capability in a Knowledge-Intensive Business Environment

Abstract

The paper is aimed to develop a theoretical framework for investigating the main determinants of an organizational open innovation capability and provide a conceptual basis for identifying the core areas which are of importance for effectively managing the implementation of open innovation practices within business organizations. Based on a literature review of research on managerial practices for open innovation collaboration, a definition of a company’s open innovation capability is proposed which places special emphasis on the interrelationship among the strategic components of a business organization’s environment and its dynamic knowledge management capacities. As a result of the study, the integrated model of the organizational open innovation capability is presented that can be used for defining strategic priorities and managerial guidelines for achieving open innovation success. From a practical perspective, companies can apply the proposed conceptual model to review and adjust their organizational open innovation capability on a continuous basis in order to improve innovation performance in the challenging knowledge-intensive business environment.