A3 Book section, Chapters in research books
Transformative Direction of R & D into Neo Open Innovation (2023)


Watanabe, C., & Tou, Y. (2023). Transformative Direction of R & D into Neo Open Innovation. In P. Neittaanmäki, & M.-L. Rantalainen (Eds.), Impact of Scientific Computing on Science and Society (pp. 223-240). Springer. Computational Methods in Applied Sciences, 58. https://doi.org/10.1007/978-3-031-29082-4_13


JYU authors or editors


Publication details

All authors or editorsWatanabe, Chihiro; Tou, Yuji

Parent publicationImpact of Scientific Computing on Science and Society

Parent publication editorsNeittaanmäki, Pekka; Rantalainen, Marja-Leena

ISBN978-3-031-29081-7

eISBN978-3-031-29082-4

Journal or seriesComputational Methods in Applied Sciences

ISSN1871-3033

eISSN2543-0203

Publication year2023

Number in series58

Pages range223-240

Number of pages in the book450

PublisherSpringer

Place of PublicationCham

Publication countrySwitzerland

Publication languageEnglish

DOIhttps://doi.org/10.1007/978-3-031-29082-4_13

Publication open accessNot open

Publication channel open access

Publication is parallel published (JYX)https://jyx.jyu.fi/handle/123456789/92600


Abstract

The advancement of the digital economy has transformed the concept of growth. Advanced economies have confronted a dilemma between increasing inputs and declining output. Contrary to traditional expectations, excessive increases in inputs have resulted in declining productivity. A solution to this dilemma can only be expected if the vigor of Soft Innovation Resources (SIRs), which lead to neo open innovation in the digital economy, is harnessed. This paper attempts to demonstrate this hypothetical view by following previous analyses of the authors and using a techno-economic approach. An empirical analysis of the development of 500 global information and communication technology firms revealed a dynamism that led to a bipolar vicious cycle between increasing input and improving productivity. Thus, it was assumed that the neo open innovation would harness the vigor of SIRs and maintain a virtuous cycle between input and output increases was postulated. These findings lead to insightful proposals for a new R &D concept and subsequent neo open innovation in the digital economy. Thus, a broadly applicable practical approach to assessing R &D investment in neo open innovation can be provided.


Keywordsinnovationsinnovation (activity)productivityeconomic growthproduction

Free keywordsneo open innovation; soft innovation resources; productivity decline; dilemma of R &D increase; R &D transformation


Contributing organizations


Ministry reportingYes

Reporting Year2023

Preliminary JUFO rating1


Last updated on 2024-03-04 at 18:55