Whether Open Innovatıon Is A Better Choıce As A Model of Innovatıon For Organızatıons

Abstract

This study presents a review of innovation models and by taking consideration and examining these models it is aimed to understand whether the model based on open innovation is a better choice among all the other models. For organizations, innovation models generally demonstrate how to work in an innovative point of view. Companies of today’s business life are striving to develop their capabilities and their activities to become innovative companies. Many of the organizations try to find the most suitable and effective innovation model for themselves to create a difference in their long-term business life. Success of innovation process of companies basically depends on success of their innovation model. Innovation models started with simple linear models and up to this point, they became complex interactive models. Within these models, the main focus points of open innovation can be explained as interactive processes, knowledge and technology. Open innovation has its own characteristics like as other innovation models. It is important to emphasize that open innovation requires innovative ideas, knowledge from companies, and so managing wide technological relationships. Becoming as a popular phenomenon in innovation studies it is also need to be examined. When all innovation models are evaluated, generally, it can not be said that the open innovation model can be a better choice despite the fact that open innovations create new or modified logics and promote collaboration and openness. Therefore, as a remarkable answer of the problem of this study, strategies of the companies should be analyzed. In other words, strategies of companies play very important role while determining the form of innovation process.