Bogers, M., Chesbrough, H., Heaton, S., & Teece, D. J
Why might firms prefer open innovation rather than relying only on internal R&D?
access external knowledge, reduce R&D costs, accelerate innovation
Why might employees resist external ideas even if they are valuable?
Not Invented Here syndrome, pride in internal R&D, job insecurity
Why was open innovation particularly useful for Goodbaby as a latecomer company?
allowed access to global knowledge and technology
If a firm identifies promising external technologies but fails to integrate them internally, which dynamic capability is missing?
Transforming / integrating external knowledge into the organization
Why is managing external collaborations often more difficult than developing technology internally?
coordination challenges, trust issues, communication barriers
How did Goodbaby combine global knowledge with its local advantages to compete internationally?
global R&D partnerships + efficient Chinese manufacturing
Why can open innovation create more value but also more risk for companies?
access to knowledge vs. risk of knowledge leakage or loss of control
What paradox do firms face when engaging in open innovation?
They must share knowledge to collaborate but protect knowledge to capture value
What risks might Goodbaby face by collaborating with many external partners?
knowledge leakage, imitation, coordination challenges
How do dynamic capabilities help firms manage open innovation successfully?
sensing opportunities, forming partnerships, reorganizing to capture value
What role do “boundary spanners” play in open innovation collaborations?
connecting internal teams with external partners and translating knowledge between them
How does Goodbaby’s strategy illustrate the balance between openness and protection?
collaboration with global partners while building strong patent protection
Why might firms with strong internal R&D still benefit from open innovation?
To complement internal knowledge, access specialized expertise, accelerate innovation
Why do some firms fail at open innovation even when they collaborate with many partners?
lack of absorptive capacity, poor coordination, internal resistance
Would Goodbaby’s open innovation strategy work as well for an established Western company? Why or why not?
Latecomer advantage, need for external knowledge, different internal capabilities