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New Frontiers in Open Innovation$
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Henry Chesbrough, Wim Vanhaverbeke, and Joel West

Print publication date: 2014

Print ISBN-13: 9780199682461

Published to Oxford Scholarship Online: December 2014

DOI: 10.1093/acprof:oso/9780199682461.001.0001

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PRINTED FROM OXFORD SCHOLARSHIP ONLINE (oxford.universitypressscholarship.com). (c) Copyright Oxford University Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 04 August 2021

Open Innovation in Multinational Corporations

Open Innovation in Multinational Corporations

New Insights from the Global R&D Research Stream*

(p.157) 8 Open Innovation in Multinational Corporations
New Frontiers in Open Innovation

Kazuhiro Asakawa

Jaeyong Song

Sang-Ji Kim

Oxford University Press

In spite of the rapid expansion of the open innovation phenomenon in business and the great research interest in this topic over the past decade, only limited attention has been paid to the international dimension of open innovation. Such a gap is a surprise given that large numbers of firms engaged in open innovation are multinational corporations (MNCs). Although recent international R&D literature sheds light on the role of location-specific factors in the global open innovation cycle, i.e., the sourcing and leveraging of globally dispersed knowledge, the research streams on global R&D and open innovation have typically been treated as two separate intellectual endeavors. We argue a need to incorporate insights gained from the global R&D literature and suggest how open innovation literature can contribute to the research on global R&D management in the future.

Keywords:   R&D globalization, open innovation, geographical perspective, multinationals, location-specific, research streams, globally dispersed knowledge

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