Impact of coupled open innovation on company business models: A case study of demand-driven co-creation

Article Sidebar

PDF
Published: Oct 14, 2020
DOI: https://doi.org/10.24840/2183-0606_008.003_0006
Issue: Vol. 8 No. 3 (2020)
Keywords:
Business models, open innovation, coupled open innovation, demand-driven open innovation, knowledge management, healthcare

Main Article Content

Dr. Heini Malm
+358407738414
Prof. Minna Pikkarainen
Professor of Connected Health
https://orcid.org/0000-0003-4516-6584
Dr. Elina Hyrkäs
Postdoctoral Researcher

Abstract

Research on open innovation refers to a model in which innovation is driven by the needs of the customer. In the healthcare sector, healthcare organizations are often the core customers for companies that want to use e-health solutions to improve patient care and cost efficiency. We examined the impact of coupled open innovation on companies’ business models. The co-creation between network actors was done in a demand-driven manner based on the needs of healthcare professionals. We present the findings of a longitudinal case study in an international setting. The research generated a new demand-driven coupled open innovation framework that supports companies in the challenging task of exploring economically viable business opportunities. Our paper contributes to the knowledge management and open business model literatures by providing empirical knowledge on the knowledge absorption and impact of coupled open innovation in the company business models in the knowledge-based economy.

Article Details

Authors who publish with this journal agree to the following terms:

  1. Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.
  2. Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.
  3. Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See The Effect of Open Access).
Author Biographies

Dr. Heini Malm, +358407738414

Heini Malm works as Senior Advisor, Business Development, in BusinessOulu, Economic Development Organisation, City of Oulu. She is currently working as a WP Leader for co-creation and business support implementation in the H2020 Horizon inDemand pilot project. She has coordinated a variety of startup services, industry cluster development (health & life science, energy sector) and foreign direct investment activities. Prior to her engagement in the public sector, she worked in the wellness (Polar Electro, 2002–2008), telecommunications (Telia Ltd, 2000–2002) and hospitality industries (Marriott International UK & the U.S., 1996–1998) in business development positions. She holds a graduate diploma from the Global Leader Program, Aalto University Executive Education, Helsinki, Finland; M.Sc. (Economics), University of Oulu, Finland; and BA (Hons) International Hotel Management, University of Cardiff, UK. In addition to open innovation management, Heini’s previous research interests included new business opportunity recognition in wellness and health and customer loyalty systems in the hospitality industry.

Prof. Minna Pikkarainen, Professor of Connected Health

Minna Pikkarainen, Professor of Connected Health, University of Oulu, Oulu Business School, Faculty of Medicine, VTT, Technical Research Centre of Finland.

Minna Pikkarainen is a joint Connected Health professor at the VTT Technical Research Centre of Finland and at the University of Oulu in the Oulu Business School, Martti Ahtisaari Institute and Faculty of Medicine. As a professor of connected health, Minna is doing multidisciplinary research on innovation management, service networks and business models in the context of connected health service co-creation. Professor Pikkarainen has an extensive record of external funding, and her research has been published in a large number of journal and conference papers, e.g. in the field of innovation management, software engineering and information systems. During 2006–2012, Professor Minna Pikkarainen has been working as a researcher in Lero, the Irish software engineering research centre, as a researcher in Sirris, the collective ?centre of the Belgian technological industry’ and as business developer at Institute Mines Telecom in Paris, and at the EIT (European Innovation Technology) network in Paris and Helsinki. Her key focus areas as a business developer have been in healthcare organizations. Previously, Minna’s research has been focused on the areas of agile development, software innovation and variability management.

Dr. Elina Hyrkäs, Postdoctoral Researcher

Elina Hyrkäs Postdoctoral Researcher, University of Oulu, Oulu Business School, Finland.

Elina Hyrkäs works as a Postdoctoral researcher at the University of Oulu – Oulu Business School. She has worked as a Research Director at the Oulu Southern Institute, University of Oulu, Finland. She has done scientific research work for over 15 years, both on the national and international levels. Previously, among other things, she has directed a wide cooperation project; the focus of the project was to develop wellness as a field of research in the region of Oulu South. Her research interests include knowledge management in general and especially strategic-based competence management, innovation management, open innovation and co-creation.