The role and dynamic development of innomediaries in open innovation dynamics

Chia-Han Yang, Joseph Z. Shyu

Research output: Chapter in Book/Report/Conference proceedingConference contribution

Abstract

This research focuses on providing a dynamic model for collaborative R&D based on the open innovation concept. Particularly, a symbiosis model of Lotka-Volterra approach is used to analyze the cooperative R&D relationship between the innomediaries (innovation intermediaries) and their technology clients, the patent seekers, to share their technology portfolio in the open innovation process. The study will discuss the role of innomediaries in open innovation and develop a symbiosis model to assume the growth rate, growth limitation, and positive interaction effect of both technology seekers and innomediaries, for best discussing the market dynamics in four scenarios with different initial market values. Simple numerical examples will also be adopted to demonstrate the utility of this model and propose the strategic suggestion of different mutualism relationship between a technology seeker and an innomediary.

Original languageEnglish
Title of host publicationPICMET 2009 - 2009 Portland International Conference on Management of Engineering and Technology - Proceedings
Pages312-321
Number of pages10
DOIs
Publication statusPublished - 2009 Nov 27
EventPICMET 2009 - 2009 Portland International Conference on Management of Engineering and Technology - Portland, OR, United States
Duration: 2009 Aug 22009 Aug 6

Publication series

NamePICMET: Portland International Center for Management of Engineering and Technology, Proceedings

Other

OtherPICMET 2009 - 2009 Portland International Conference on Management of Engineering and Technology
CountryUnited States
CityPortland, OR
Period09-08-0209-08-06

All Science Journal Classification (ASJC) codes

  • Business, Management and Accounting(all)
  • Strategy and Management
  • Management Science and Operations Research
  • Management of Technology and Innovation

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