Please use this identifier to cite or link to this item: http://hdl.handle.net/1942/9911
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dc.contributor.authorVANHAVERBEKE, Wim-
dc.contributor.authorVan de Vrande, V.-
dc.date.accessioned2009-10-27T11:27:42Z-
dc.date.available2009-10-27T11:27:42Z-
dc.date.issued2008-
dc.identifier.citationIEEM: 2008 INTERNATIONAL CONFERENCE ON INDUSTRIAL ENGINEERING AND ENGINEERING MANAGEMENT: vol. 1-3. p. 954-958.-
dc.identifier.isbn978-1-4244-2629-4-
dc.identifier.urihttp://hdl.handle.net/1942/9911-
dc.description.abstractPart of the advantages of using an open innovation (compared to closed innovation) in corporate venturing can be explained by applying the real options approach. Open innovation in risk-laden activities such as corporate venturing has the following advantages: i. benefits from early involvement in new technologies or business opportunities, ii. delayed financial commitment, iii. early exits reducing the downward losses, and iv. delayed exit in case it spins off a venture. We furthermore argue that these benefits do not automatically materialize. Innovation firms have to learn new skills and routines to develop the full 'real option'-potential of open innovation practices.-
dc.language.isoen-
dc.publisherIEEE-
dc.subject.otherReal options; open innovation; managing uncertainty; subsequent investments in innovations-
dc.titleUnderstanding the advantages of open innovation practices in corporate venturing in terms of real options-
dc.typeProceedings Paper-
dc.bibliographicCitation.bvolume1-3-
local.bibliographicCitation.conferencename2008 International Conference on Industrial Engineering and Engineering Management-
local.bibliographicCitation.conferenceplaceSingapore, SINGAPORE, DEC 08-11, 2008-
dc.identifier.epage958-
dc.identifier.spage954-
local.format.pages5-
local.bibliographicCitation.jcatC1-
dc.description.notes[Vanhaverbeke, W. Wim] Hasselt Univ, Dept Business Studies, Hasselt, Belgium.-
local.type.refereedRefereed-
local.type.specifiedProceedings Paper-
dc.bibliographicCitation.oldjcatC1-
dc.identifier.isi000269126600191-
dc.identifier.urlhttp:/dx.doi.org/10.1109/IEEM.2008.4738011-
local.bibliographicCitation.btitleIEEM: 2008 INTERNATIONAL CONFERENCE ON INDUSTRIAL ENGINEERING AND ENGINEERING MANAGEMENT-
item.contributorVANHAVERBEKE, Wim-
item.contributorVan de Vrande, V.-
item.fullcitationVANHAVERBEKE, Wim & Van de Vrande, V. (2008) Understanding the advantages of open innovation practices in corporate venturing in terms of real options. In: IEEM: 2008 INTERNATIONAL CONFERENCE ON INDUSTRIAL ENGINEERING AND ENGINEERING MANAGEMENT: vol. 1-3. p. 954-958..-
item.accessRightsClosed Access-
item.fulltextNo Fulltext-
item.validationecoom 2010-
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