Examining exploration/exploitation along the innovation process in a network: Insights from a case HYGTECH

Leena Aarikka-Stenroos; Chris Medlin; Jan-Åke Törnroos; Tiina Mäkitalo-Keinonen

Examining exploration/exploitation along the innovation process in a network: Insights from a case HYGTECH

Leena Aarikka-Stenroos, Chris Medlin, Jan-Åke Törnroos, Tiina Mäkitalo-Keinonen

Research output: Chapter in Book/Conference proceeding › Conference contribution › Professional

Abstract

Innovations are increasingly developed and commercialized within networks. However, few firms have the capability to manage by themselves throughout the entire innovation process; from visioning and developing to commercializing. Therefore this study analyzes the process of how divergent collaborative organizations explore and exploit their resources along the innovation process comprising visioning, developing and commercializing in order to achieve their goal, a successful innovation.By building a framework for the exploitation/ exploration process of visioning, developing and commercializing new innovative solutions in an extensive complex network and by conducting a longitudinal case comprising a network of over 20 firms this study generates contribution to both network and innovation research.

KEY WORDS: Innovation, innovation process, network, exploration-exploitation,market visioning, research and development, commercialization

Original language	Undefined/Unknown
Title of host publication	Proceedings of the 31st Annual IMP Conference, Kolding, Denmark
Editors	Clarke Anne, Freytag Per, Munksgaard Kristin
Publisher	Industrial Marketing & Purchasing Group
Pages	–
Publication status	Published - 2015
MoE publication type	D3 Professional conference proceedings

Keywords

B2B
Innovation process
Network process
innovations
networks

Access to Document

http://www.impgroup.org/uploads/papers/8524.pdf

Cite this

Aarikka-Stenroos, L., Medlin, C., Törnroos, J.-Å., & Mäkitalo-Keinonen, T. (2015). Examining exploration/exploitation along the innovation process in a network: Insights from a case HYGTECH. In C. Anne, F. Per, & M. Kristin (Eds.), Proceedings of the 31st Annual IMP Conference, Kolding, Denmark (pp. –). Industrial Marketing & Purchasing Group. http://www.impgroup.org/uploads/papers/8524.pdf

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title = "Examining exploration/exploitation along the innovation process in a network: Insights from a case HYGTECH",

abstract = "Innovations are increasingly developed and commercialized within networks. However, few firms have the capability to manage by themselves throughout the entire innovation process; from visioning and developing to commercializing. Therefore this study analyzes the process of how divergent collaborative organizations explore and exploit their resources along the innovation process comprising visioning, developing and commercializing in order to achieve their goal, a successful innovation.By building a framework for the exploitation/ exploration process of visioning, developing and commercializing new innovative solutions in an extensive complex network and by conducting a longitudinal case comprising a network of over 20 firms this study generates contribution to both network and innovation research.KEY WORDS: Innovation, innovation process, network, exploration-exploitation,market visioning, research and development, commercialization",

keywords = "B2B, Innovation process, Network process, innovations, networks, B2B, Innovation process, Network process, innovations, networks, B2B, Innovation process, Network process, innovations, networks",

author = "Leena Aarikka-Stenroos and Chris Medlin and Jan-{\AA}ke T{\"o}rnroos and Tiina M{\"a}kitalo-Keinonen",

note = "Competitive Conference paper available at http://www.impgroup.org",

year = "2015",

language = "Odefinierat/ok{\"a}nt",

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editor = "Clarke Anne and Freytag Per and Munksgaard Kristin",

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Aarikka-Stenroos, L, Medlin, C, Törnroos, J-Å & Mäkitalo-Keinonen, T 2015, Examining exploration/exploitation along the innovation process in a network: Insights from a case HYGTECH. in C Anne, F Per & M Kristin (eds), Proceedings of the 31st Annual IMP Conference, Kolding, Denmark. Industrial Marketing & Purchasing Group, pp. –. <http://www.impgroup.org/uploads/papers/8524.pdf>

Examining exploration/exploitation along the innovation process in a network: Insights from a case HYGTECH. / Aarikka-Stenroos, Leena; Medlin, Chris; Törnroos, Jan-Åke et al.
Proceedings of the 31st Annual IMP Conference, Kolding, Denmark. ed. / Clarke Anne; Freytag Per; Munksgaard Kristin. Industrial Marketing & Purchasing Group, 2015. p. –.

Research output: Chapter in Book/Conference proceeding › Conference contribution › Professional

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