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Overcoming Industrial Inertia by Use of Open Innovation Technologies

  • Juho Lindman
  • Tuija Heikura
  • Petra Turkama
Chapter

Abstract

Industries develop at different paces. The constant environmental flux of information and communication technology companies becomes especially clear when comparing them with more traditional industries, in our case, the Finnish construction industry. The sector is dominated by a number of large industrial actors with established positions operating predominantly in the domestic or Scandinavian market. Based on our literature review and a round of key person interviews, this chapter categorises the different sources of institutional inertia in this particular industry. We build a research framework for defining the requirements for creating open innovation technologies that could accelerate structural changes in a traditional industry. First, sources of inertia are identified empirically. Second, we discuss a set of requirements for an open innovation technology which would be needed to overcome this inertia.

Keywords

Open Innovation Construction Industry Life Cycle Cost Construction Company City Planning 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Further Reading

  1. Chesbrough, H. W. (2003). The era of open innovation. MIT Sloan Management Review, 44, 35–41.Google Scholar
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Copyright information

© Springer-Verlag Berlin Heidelberg 2013

Authors and Affiliations

  1. 1.Hanken School of EconomicsHelsinkiFinland
  2. 2.Suomen Teknologiakeskusten Liitto TEKELHelsinkiFinland
  3. 3.Aalto University School of Economics/CKIRHelsinkiFinland

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