Open value creation

Authors:
Daniel Schlagwein
Affiliations:
University of Cologne, Cologne (Germany)
Venue:
Proceedings of the International Conference on Management of Emergent Digital EcoSystems
Year:
2010

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Abstract

Open Value Creation extends Chesbrough's R&D concept of Open Innovation to all value creating processes within organizations. It encompasses all forms of organizational value creation that are enabled or enhanced by the inclusion of external knowledge. I am specifically interested in how organizations can benefit from end-consumer knowledge by opening information resources. Accordingly, the framing research question of the thesis is "How can organization benefit from end-consumer knowledge contributions via open information resources?". My thesis is a cumulative dissertation. As such, it consists of separate papers with inter-related aims. More precisely, I strive (1.) to define the concept of Open Value Creation, (2.) to provide a strategic management theory of Open Value Creation, (3.) to apply this theory to real world cases, and (4.) to develop a management framework for the use Open Value Creation in organizations.