Space and Open Innovation: Potential, limitations and conditions of success. (October 2015)
- Record Type:
- Journal Article
- Title:
- Space and Open Innovation: Potential, limitations and conditions of success. (October 2015)
- Main Title:
- Space and Open Innovation: Potential, limitations and conditions of success
- Authors:
- Johannsson, Magni
Wen, Anne
Kraetzig, Benjamin
Cohen, Dan
Liu, Dapeng
Liu, Hao
Palencia, Hilda
Wagner, Hugo
Stotesbury, Ian
Jaworski, Jaroslaw
Tallineau, Julien
Laïb, Karima
Dubois, Louis-Etienne
Lander, Mark
Claude, Matthew
Shouppe, Matthew
Gallagher, Michael
Brogan, Mitchell
Brito, Natalia Larrea
Cyr, Philippe
Ewing, Rory
Marcu, Sebastian Davis
Bareksten, Silje
Suma, M.N.
Sreerekha, U.
Sharma, Tanay
Li, Tiantian
Yang, Wei
Chen, Wensheng
Ricard, William
Meerbeeck, William van
Cui, Yang
Trolley, Zac
Zhao, Zhigang
… (more) - Abstract:
- Abstract: The classical model of innovation behind closed doors is slowly but surely being challenged by the Open Innovation model that is reshaping the way organizations bring new products and services into the market. This paper reports on the results of an International Space University (ISU) Team Project (TP) focused on the potential, limitations and conditions of success of Open Innovation in the space sector using ISU׳s international, interdisciplinary, intercultural (3Is) approach. Open Innovation can be defined as "the process of strategically managing the sharing of ideas and resources among entities to co-create value". Conventional approaches to technology development for space, such as spin-offs or spin-ins, are no longer sufficient to fully describe the interactions between organizations in today׳s Research and Development (R&D) landscape. Traditionally, conducting space technology development and launching space missions required massive infrastructure investments, long lead times and large teams of experts. However, internal R&D, dedicated marketing departments and closely guarded intellectual property are no longer the only way to achieve success. Smaller, nimbler teams, significant use of crowdfunding, a more aggressive approach to managing risk and a great motivation to leverage intellectual property are just some of their defining characteristics. By using a case study methodology focused on asteroid mining supported by a critical literature review, theAbstract: The classical model of innovation behind closed doors is slowly but surely being challenged by the Open Innovation model that is reshaping the way organizations bring new products and services into the market. This paper reports on the results of an International Space University (ISU) Team Project (TP) focused on the potential, limitations and conditions of success of Open Innovation in the space sector using ISU׳s international, interdisciplinary, intercultural (3Is) approach. Open Innovation can be defined as "the process of strategically managing the sharing of ideas and resources among entities to co-create value". Conventional approaches to technology development for space, such as spin-offs or spin-ins, are no longer sufficient to fully describe the interactions between organizations in today׳s Research and Development (R&D) landscape. Traditionally, conducting space technology development and launching space missions required massive infrastructure investments, long lead times and large teams of experts. However, internal R&D, dedicated marketing departments and closely guarded intellectual property are no longer the only way to achieve success. Smaller, nimbler teams, significant use of crowdfunding, a more aggressive approach to managing risk and a great motivation to leverage intellectual property are just some of their defining characteristics. By using a case study methodology focused on asteroid mining supported by a critical literature review, the project team highlighted the potential of Open Innovation in space by identifying its most promising applications as well as its limitations. Abstract : Highlights: Open Innovation is a strategic decision and a state of mind. Space sector leaders deem Open Innovation effective only in early project phases. Open Innovation can be applied in any project phase. The current legal framework for space activities must be clarified and extended. Suitability analyses help organizations operationalize Open Innovation concepts … (more)
- Is Part Of:
- Acta astronautica. Volume 115(2015)
- Journal:
- Acta astronautica
- Issue:
- Volume 115(2015)
- Issue Display:
- Volume 115, Issue 2015 (2015)
- Year:
- 2015
- Volume:
- 115
- Issue:
- 2015
- Issue Sort Value:
- 2015-0115-2015-0000
- Page Start:
- 173
- Page End:
- 184
- Publication Date:
- 2015-10
- Subjects:
- Open innovation -- Space -- Case study -- Survey -- Asteroid mining
Astronautics -- Periodicals
Outer space -- Exploration -- Periodicals
Astronautics
Periodicals
629.405 - Journal URLs:
- http://www.sciencedirect.com/science/journal/00945765 ↗
http://www.elsevier.com/journals ↗ - DOI:
- 10.1016/j.actaastro.2015.05.023 ↗
- Languages:
- English
- ISSNs:
- 0094-5765
- Deposit Type:
- Legaldeposit
- View Content:
- Available online (eLD content is only available in our Reading Rooms) ↗
- Physical Locations:
- British Library DSC - 0596.750000
British Library DSC - BLDSS-3PM
British Library HMNTS - ELD Digital store - Ingest File:
- 7737.xml