Evolving a Value Chain to an Open Innovation Ecosystem: The Role of Stakeholders in Customizing Medical Implants

Josserand, E; West, J; Skellern, K; Randawa

Evolving a Value Chain to an Open Innovation Ecosystem: The Role of Stakeholders in Customizing Medical Implants

Josserand, E

West, J Skellern, K

Randawa

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Publisher:: SAGE Publications
Publication Type:: Conference Proceeding
Citation:: California Management Review, 2019, pp. 000812562097443-000812562097443
Issue Date:: 2019-01-01

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Field	Value	Language
dc.contributor.author	Josserand, E https://orcid.org/0000-0002-6724-2405
dc.contributor.author	West, J
dc.contributor.author	Skellern, K https://orcid.org/0000-0001-5914-8294
dc.contributor.author	Randawa
dc.date	2019-12-12
dc.date.accessioned	2020-12-08T04:15:10Z
dc.date.available	2020-12-08T04:15:10Z
dc.date.issued	2019-01-01
dc.identifier.citation	California Management Review, 2019, pp. 000812562097443-000812562097443
dc.identifier.issn	0008-1256
dc.identifier.issn	2162-8564
dc.identifier.uri	http://hdl.handle.net/10453/144545
dc.description.abstract	<jats:p> While open innovation ecosystems allow a firm to harness external sources of value creation, these external ties can also constrain its ability to adapt its innovation strategy to pursue new opportunities. This article looks at how an incumbent firm approached such constraints, and used cognitive artifacts to transform its value chain into a collaborative ecosystem. It examines the case of a 3D printing-enabled shift to mass customization of orthopedic medical implants. The results demonstrate how firms can use artifacts to build a shared understanding across heterogeneous stakeholders as they explore and develop new open innovation models, and how this process can be managed flexibly to avoid adopting a locally (rather than globally) optimal strategy. </jats:p>
dc.language	en
dc.publisher	SAGE Publications
dc.relation	Innovative Manufacturing Cooperative Research Centre
dc.relation	Innovative Manufacturing Cooperative Research Centre
dc.relation.ispartof	California Management Review
dc.relation.ispartof	Annual World Open Innovation Conference
dc.relation.isbasedon	10.1177/0008125620974435
dc.rights	info:eu-repo/semantics/closedAccess
dc.subject	1503 Business and Management, 1505 Marketing
dc.subject.classification	Business & Management
dc.title	Evolving a Value Chain to an Open Innovation Ecosystem: The Role of Stakeholders in Customizing Medical Implants
dc.type	Conference Proceeding
utslib.location.activity	Rome
utslib.for	1503 Business and Management
utslib.for	1505 Marketing
pubs.organisational-group	/University of Technology Sydney/Faculty of Business
pubs.organisational-group	/University of Technology Sydney/Faculty of Business/Management Discipline
pubs.organisational-group	/University of Technology Sydney
utslib.copyright.status	closed_access	*
pubs.consider-herdc	false
dc.date.updated	2020-12-08T04:15:00Z
pubs.finish-date	2019-12-13
pubs.publication-status	Published online
pubs.start-date	2019-12-12

Abstract:

While open innovation ecosystems allow a firm to harness external sources of value creation, these external ties can also constrain its ability to adapt its innovation strategy to pursue new opportunities. This article looks at how an incumbent firm approached such constraints, and used cognitive artifacts to transform its value chain into a collaborative ecosystem. It examines the case of a 3D printing-enabled shift to mass customization of orthopedic medical implants. The results demonstrate how firms can use artifacts to build a shared understanding across heterogeneous stakeholders as they explore and develop new open innovation models, and how this process can be managed flexibly to avoid adopting a locally (rather than globally) optimal strategy.

Please use this identifier to cite or link to this item:

http://hdl.handle.net/10453/144545