2026-09-20T02:48:07Zhttps://dspace.mit.edu/server/oai/requestoai:dspace.mit.edu:1721.1/1003092022-01-13T07:54:46Zcom_1721.1_7582com_1721.1_7581col_1721.1_131023
Steven D. Eppinger.
Iqbal, Asif, S.M. Massachusetts Institute of Technology
System Design and Management Program.
System Design and Management Program.
Massachusetts Institute of Technology. Engineering Systems Division
2015-12-16T15:54:49Z
2015-12-16T15:54:49Z
2013
2013
http://hdl.handle.net/1721.1/100309
931092611
Thesis: S.M. in Engineering and Management, Massachusetts Institute of Technology, Engineering Systems Division, System Design and Management Program, 2013.
This electronic version was submitted by the student author. The certified thesis is available in the Institute Archives and Special Collections.
Cataloged from student-submitted PDF version of thesis.
Includes bibliographical references (pages 101-105).
The rapid development of the internet and social media have democratized the innovation opportunities for small startups and individual innovators. This is creating more ways for companies to exploit external ideas for their internal innovation. The dominant use of open innovation today is in idea generation. However, some companies have gainfully applied open innovation across other phases of product development, including concept development, detailed design, manufacturing and sales. The academic literature in this area is rapidly evolving and is covering many different concepts associated with open innovation. At the same time, product development processes are also evolving and are being integrated with more digital tools and electronic workflows. Although many companies are saving R&D costs by utilizing open innovation methods, there clearly is a need to understand the right open innovation tools and processes to maximize the returns from this strategy; one approach does not fit all. This thesis builds a taxonomy of open innovation and discusses its applicability to modern product design processes. This thesis studies the applications and benefits of open innovation in all phases of product design, and suggests strategies for an optimal mix of open and closed innovation processes and tools applicable to modern product design. Challenges in incorporating open innovation and managerial strategies to overcome them are also discussed.
by Asif Iqbal.
S.M. in Engineering and Management
107 pages
eng
Massachusetts Institute of Technology
M.I.T. theses are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. See provided URL for inquiries about permission.
http://dspace.mit.edu/handle/1721.1/7582
Engineering Systems Division.
System Design and Management Program.
A study of open innovation and its applications to product design
Thesis
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<Abstract>The rapid development of the internet and social media have democratized the innovation opportunities for small startups and individual innovators. This is creating more ways for companies to exploit external ideas for their internal innovation. The dominant use of open innovation today is in idea generation. However, some companies have gainfully applied open innovation across other phases of product development, including concept development, detailed design, manufacturing and sales. The academic literature in this area is rapidly evolving and is covering many different concepts associated with open innovation. At the same time, product development processes are also evolving and are being integrated with more digital tools and electronic workflows. Although many companies are saving R&D costs by utilizing open innovation methods, there clearly is a need to understand the right open innovation tools and processes to maximize the returns from this strategy; one approach does not fit all. This thesis builds a taxonomy of open innovation and discusses its applicability to modern product design processes. This thesis studies the applications and benefits of open innovation in all phases of product design, and suggests strategies for an optimal mix of open and closed innovation processes and tools applicable to modern product design. Challenges in incorporating open innovation and managerial strategies to overcome them are also discussed.</Abstract>
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