Resumo

Título do Artigo

Risk Management in Open Innovation: Source, Identification, Assessment and Response
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Palavras Chave

risk management
open innovation
uncertainty

Área

Artigos Aplicados

Tema

Empreendedorismo, Tecnologia e Inovação

Autores

Nome
1 - JEFFERSON LUIZ BUTION
Faculdade de Economia, Administração e Contabilidade da Universidade de São Paulo - FEA - São Paulo
2 - Fábio Lotti Oliva
Faculdade de Economia, Administração e Contabilidade da Universidade de São Paulo - FEA - Administração

Reumo

The opening of R&D activities brings together all the risks resulting from a more permissive knowledge flow and whereas the most intuitive drawback is the knowledge leaking, there are several less recognized risks and uncertainties that constitute the main barriers. The research mainstream emphasizes the reward side of this dilemma, and a few researchers have identified the negative impacts of external sourcing strategies, whether through reduced output or because improvements failed to exceed the cost of such strategies.
This paper answers to early scholars who claim for the addition of other fields in the open innovation body of knowledge and primarily uses the lenses of the network theory of stakeholders. This theory considers the stakeholder relationships are not one-to-one, or dyadic, but with and within groups.
Although various studies have employed different layers of analysis on open innovation, the investigation of risks across the levels on the connections among the actors still demand further investigations. Particularly, while the literature has attempted to produce a collection of sources of risks and uncertainties, the managerial practices toward the new risks that arise when a firm increase its openness is less explored. This paper aims to address this gap by compiling the risk management aspects of open innovation regardless with a network approach.
This paper answers to early scholars who claim for the addition of other fields in the open innovation body of knowledge and primarily uses the lenses of the network theory of stakeholders. This theory considers the stakeholder relationships are not one-to-one, or dyadic, but with and within groups.
By employing a systematic literature review on the risk management procedures to open innovation we found three main clusters of risk management approaches. Under the risk management perspective we were able to compile the sources of uncertainties, their related risks, the usual assessment approaches, and responses to risks in each cluster.
In such manner, this paper advances the discussion from descriptive approaches to managerial implications of open innovation risks and conciliate sparse concepts for future scholars. Finally, through the network approach, this paper identifies, aggregates, summarizes, and analyzes the perspectives of risk management in open innovation, thus also provides a curatorship of main references on the topic.