Lecture 1 Flashcards
what types of sustainable innovations are there and what do they mean?
- eco-innovation: Innovations aimed at reducing environmental impacts, such as reducing emissions, waste, and resource consumption.
- Social Innovation: Innovations that address social challenges, improve social well-being, and promote social equity.
- Economic Innovation: Innovations that enhance economic sustainability by promoting efficient use of resources and fostering economic growth.
how to define sustainable innovation
Innovations that contribute to environmental, social, and economic sustainability.
define open innovation
Defined as the practice of using both internal and external ideas and paths to market to advance technology and innovation.
why is open innovation important for sustainability?
- Integration of Diverse Knowledge: Open innovation allows for the integration of diverse knowledge and expertise from various stakeholders, including academia, industry, government, and civil society.
- Addressing Complex Challenges: It enhances the ability to tackle complex sustainability challenges that require interdisciplinary and cross-sectoral collaboration.
- Collaboration and Networking: Promotes collaboration across different sectors and disciplines, leading to more holistic and effective solutions for sustainability.
what are the motivations for adopting sustainable open innovation?
- Access to Broader Ideas and Technologies: Organizations can access a wider range of ideas, technologies, and innovations that they might not develop internally.
- Increased Innovation Speed and Reduced Costs: Open innovation can accelerate the innovation process and reduce costs by leveraging external resources and capabilities.
- Regulatory and Market Demands: Helps organizations meet regulatory requirements and market demands for sustainable products and practices.
- External stakeholder pressures: To address sustainability concerns and innovate continuously.
- Collaborative benefits: Sharing risks, costs, and knowledge with multiple stakeholders.
- Regulatory and policy incentives: Encouraging sustainable practices through supportive policies.
what are the disincentives for adopting sustainable open innovation?
- Intellectual Property Concerns: Risks related to the protection of intellectual property and potential loss of competitive advantage.
- Increased Competition: Sharing knowledge and technologies can lead to increased competition from other organizations.
- Management Challenges: Difficulties in managing collaborative processes and ensuring effective communication and coordination among diverse stakeholders.
What are the main approaches to sustainable open innovation?
- Individual Level:
- Encouraging individual creativity and collaboration through open platforms, innovation contests, and collaborative networks.
- Examples include hackathons and innovation challenges that bring together individuals from different backgrounds to solve sustainability-related problems.
- Organizational Level:
- Implementing open innovation strategies within companies to foster sustainable practices.
- Examples include partnerships with startups, joint ventures, and corporate innovation labs focused on sustainability.
- City Level:
- Urban innovation ecosystems that promote sustainable development through public-private partnerships and community engagement.
- Examples include smart city initiatives, urban living labs, and collaborative projects between municipalities and private companies.
- Regional Level:
- Regional innovation systems that support sustainable growth through collaborative networks, policies, and funding mechanisms.
- Examples include regional clusters, innovation hubs, and cross-border collaborations aimed at addressing regional sustainability challenges.
What does the framework includes that analyses the benefits for openness sustainability-oriented innovation?
- Dimensions of Openness: Different dimensions of openness, such as the degree of openness, types of partners involved, and the nature of collaboration.
- Benefits of Openness: Various benefits of openness, including enhanced innovation capacity, improved sustainability performance, and increased stakeholder engagement.
- Challenges and Barriers: Challenges and barriers to implementing open innovation for sustainability, such as cultural differences, lack of trust, and regulatory constraints.
- Strategies for Success: Strategies to overcome these challenges and maximize the benefits of open innovation, such as building strong partnerships, fostering a culture of openness, and leveraging digital technologies.
What is the core idea of the Miranda 2023 paper?
The paper emphasizes the need for a multi-level approach to sustainable open innovation, recognizing that different levels (individual, organizational, city, and regional) require tailored strategies and interventions. It also highlights the importance of collaboration, knowledge sharing, and stakeholder engagement in achieving sustainability goals.
what are the two categories of sustainable innovation according to kimipaki 2022?
- Sustainability-oriented innovation: Changes in organizational philosophy and values to achieve sustainability goals.
- Sustainability-driven innovation: Innovations driven by stakeholder pressures to embrace sustainability.
how does kimipaki (2022) outlines approaches to SOI at different levels?
Individual Level:
- Knowledge integration: Sharing tacit knowledge and personal experiences for the benefit of the community.
- Co-creation activities: Engaging individuals in innovative activities that address sustainability challenges.
Organizational Level:
- External integration: Collaborating with clients, suppliers, and other stakeholders to enhance sustainability performance.
- Business model innovation: Developing sustainable business models that balance value creation and capture.
- Eco-innovation: Utilizing external knowledge to develop environmentally friendly products and processes.
City Level:
- Smart cities: Leveraging ICT to enhance urban sustainability through citizen and firm participation.
- Living labs: User-centered ecosystems for co-creating sustainable solutions in real-life contexts.
Regional Level:
- Regional open innovation roadmapping: Collaborative efforts to safeguard innovation and sustainability at the regional level.
- Policy design: Using open innovation to develop sustainable policies and regulations.
