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externally through open innovation is a possible approach to go beyond the internal development of innovations. One practice of … open innovation to assimilate external knowledge is corporate venture capital (CVC), meaning minority investments in … approach to engage in open innovation practices, since it allows one to pursue a range of different strategic objectives …
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wide range of industrial, societal and environmental fields. Analogically to the process of open innovation, the … relevant and accessible to the general public. Similarly, the concept of responsible innovation requires a variety of … stakeholders to be involved in innovation development to ensure that their present and future needs are met. Although the link …
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The advancement of technology in the biopharmaceutical industry has spearheaded the speed and scale of digitalization in various aspects. New drug development is becoming more complex, costly, and challenging. This paper examines how the pharmaceutical value chain model could integrate with the...
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decision to innovate: simultaneously (one-stage model) or sequentially (two-stage model). Afterwards, once the innovation … that the two-stage model has a statistically significant advantage in predicting innovation. Indeed, it is shown that the … sequential model illustrates well the innovation making-decision procedures. In fact, the main determinant behind the dominance …
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This theoretical work addresses the maturity models related to innovation processes that can be applied in critical … and innovation capabilities, regulatory aspects, scalability and the observed market. It proposes a model to measure an … innovation process's readiness level in these sectors, applicable to decision-making processes, development centers, and the …
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