Developing a Management Enterprise Model for Sustainable Organisational Innovation Publication

The International Society for Professional Innovation Management Ltd
Publication Type:
Conference Proceeding
The XX111 International Society for Professional Innovation Management conference, 2012, pp. 1 - 14
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Chesbrough (2003) introduced the theory of open innovation as a strategy for organisational innovation through partnerships. He asserted that sharing sources of information with external partners and supporting their innovation activities will enable an organisation to gain a leadership position or recover a lost position. However, the theory does not set out how to achieve this in practice. This paper is intended as a further step in understanding and moving the knowledge of how to build a Management Enterprise Model for Innovation (MEMI). The objective is to build a 4-step model that develops sustainable organisational innovation through strategic alliances. The first step requires identifying success factors. The second step is concerned with prerequisites and their essential components; Step 3 is the implementation program and step 4 is a progress tracking system for verifying that improved competitive advantage has been achieved.
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