Implement an open innovation approach in innovation development Challenges, Considerations and Solutions; The banking and payment industries case study

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Kayal Kazem; ALBADVI AMIR

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Journal: Management Research in Iran Year:2019 | Volume:23 | Issue:2 Page(s): 201-225

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Title

Implement an open innovation approach in innovation development Challenges, Considerations and Solutions; The banking and payment industries case study

Author(s)

Kayal Kazem | ALBADVI AMIR | Issue Writer Certificate

Keywords

Open innovationQ1

abtainingQ1

integratingQ1

commercializingQ1

Open BankingQ1

Abstract

The first part of this paper, reviews research on Open innovation. There would be four stages in the use of Open innovation approach: 1. abtaining; 2. integrating; 3. commercializing; 4. The interaction mechanisms. In the second part of the paper, the information is collected by semi-structured interviews. then The information analyzed and investigated using grounded theory method and the four-phase model proposed in the literature. At this stage, the banking and payment industries were selected as the case study; Due to their characteristics according to the study. Finally the main considerations and challenges to implement Open innovation approach, is determined. Also an appropriate model to implement Open innovation approach is proposed.

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APA: Copy

Kayal, Kazem, & ALBADVI, AMIR. (2019). Implement an open innovation approach in innovation development Challenges, Considerations and Solutions; The banking and payment industries case study. MANAGEMENT RESEARCH IN IRAN (MODARES HUMAN SCIENCES), 23(2 ), 201-225. SID. https://sid.ir/paper/369831/en

Vancouver: Copy

Kayal Kazem, ALBADVI AMIR. Implement an open innovation approach in innovation development Challenges, Considerations and Solutions; The banking and payment industries case study. MANAGEMENT RESEARCH IN IRAN (MODARES HUMAN SCIENCES)[Internet]. 2019;23(2 ):201-225. Available from: https://sid.ir/paper/369831/en

IEEE: Copy

Kazem Kayal, and AMIR ALBADVI, “Implement an open innovation approach in innovation development Challenges, Considerations and Solutions; The banking and payment industries case study,” MANAGEMENT RESEARCH IN IRAN (MODARES HUMAN SCIENCES), vol. 23, no. 2 , pp. 201–225, 2019, [Online]. Available: https://sid.ir/paper/369831/en

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