Fostering techno-entrepreneurship and open innovation practices in innovation ecosystems-the case of Nokia

Jarkko Pellikka, Timo Ali-Vehmas

Research output: Chapter in Book/Report/Conference proceedingChapterScientificpeer-review

Abstract

Organizations have developed open innovation practices to promote innovation ecosystems and to leverage their own knowledge and data-based resources. By using case examples on Nokia Open Innovation practices, we describe different perspectives on how a small firm, startup and/or techno-entrepreneur can create and capture value in the context of an innovation ecosystem. Ecosystem members can adopt different forms of collaboration to develop innovations by sharing capabilities, knowledge and data. A virtuous circle of growth and profitability can be realized in an innovation ecosystem where startups and larger companies complement their capabilities through collaboration. Based on the case examples we examine models of collaboration in an innovation ecosystem. These examples describe how a linkage with a keystone company can help startups and techno-entrepreneurs overcome typical challenges and accelerate their commercialization process via knowledge creation and data utilization.
Original languageEnglish
Title of host publicationHandbook of Research on Techno-Entrepreneurship
Subtitle of host publicationEcosystems, Innovation and Development
PublisherEdward Elgar
Chapter8
Edition3rd
ISBN (Electronic)9781786439079
ISBN (Print)9781786439062
DOIs
Publication statusPublished - 2019
MoE publication typeA3 Part of a book or another research book

Publication series

NameResearch Handbooks in Business and Management series
PublisherEdward Elgar Publishing

Fingerprint

Dive into the research topics of 'Fostering techno-entrepreneurship and open innovation practices in innovation ecosystems-the case of Nokia'. Together they form a unique fingerprint.

Cite this