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How Do Startups and Corporations Engage in Open Innovation? An Exploratory Study

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Research Challenges in Information Science (RCIS 2022)

Part of the book series: Lecture Notes in Business Information Processing ((LNBIP,volume 446))

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Abstract

In recent years, the increasing market pressure and disruption have driven firms to undertake digital transformations to create value and deliver better products for customers. Large corporations frequently face difficulties to digitalize their internal processes. They have well-established and mature routines that are hard to change. By contrast, startups are recognized for their innovation capacity and agile processes. In the quest for speed and innovation, corporations are engaging with startups to match complementary goals. Corporations desire the creative potential of startups, while startups need resources that are plentiful in corporations. This paper explores how open innovation is performed from the perspective of startups and corporations. We conducted an exploratory interview study at eight startups and five corporations to understand the dynamics of their relationships during open innovation initiatives. Our results reveal the main drivers, benefits, and challenges involved in the engagement between startups and corporations. Finally, we present a set of recommendations to foster startup-corporation relationships.

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Notes

  1. 1.

    https://www.portodigital.org/home.

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Author information

Authors and Affiliations

  1. Centro de Informática, Universidade Federal de Pernambuco, Recife, Brazil

    Maria Cecília Cavalcanti Jucá & Carina Frota Alves

Authors
  1. Maria Cecília Cavalcanti Jucá
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  2. Carina Frota Alves
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Correspondence to Carina Frota Alves .

Editor information

Editors and Affiliations

  1. University of Twente, Enschede, The Netherlands

    Renata Guizzardi

  2. University of Geneva, CUI, Carouge, Switzerland

    Jolita Ralyté

  3. Polytechnic University of Catalonia, Barcelona, Spain

    Xavier Franch

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Jucá, M.C.C., Alves, C.F. (2022). How Do Startups and Corporations Engage in Open Innovation? An Exploratory Study. In: Guizzardi, R., Ralyté, J., Franch, X. (eds) Research Challenges in Information Science. RCIS 2022. Lecture Notes in Business Information Processing, vol 446. Springer, Cham. https://doi.org/10.1007/978-3-031-05760-1_17

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  • DOI: https://doi.org/10.1007/978-3-031-05760-1_17

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  • Publisher Name: Springer, Cham

  • Print ISBN: 978-3-031-05759-5

  • Online ISBN: 978-3-031-05760-1

  • eBook Packages: Computer ScienceComputer Science (R0)

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