Sustainability 2017, 9(5), 811; https://doi.org/10.3390/su9050811
Open Innovation in Value Chain for Sustainability of Firms
JinHyo Joseph Yun 1,*
and Tan Yigitcanlar 2
1
Daegu Gyeongbuk Institute of Science and Technology (DGIST), 333 Techno Jungang Daero, Hyeonpung-Myeon, Dalseong-Gun, Daegu 711-873, Korea
2
School of Civil Engineering and Built Environment, Queensland University of Technology (QUT), 2 George Street, Brisbane, QLD 4001, Australia
*
Author to whom correspondence should be addressed.
Academic Editor: Marc A. Rosen
Received: 28 April 2017 / Revised: 28 April 2017 / Accepted: 29 April 2017 / Published: 12 May 2017
(This article belongs to the Special Issue Sustainability and Open Innovation Capabilities of Firms for Value Chain Development)
Abstract
This piece serves as the guest editorial of the Special Issue on the ‘Open Innovation in Value Chain for Sustainability of Firms’. Firstly, this editorial piece asks whether it is possible for firms to sustain their performance forever. Then, it reviews the popular literature on the value chain. Afterwards, it develops a research framework for open innovation in the value chain, and proposes five ways of open innovation taking place within it. These include user open innovation, customer open innovation, common profit community, together growth community, and inner open innovation. Lastly, this editorial introduces articles from the Special Issue that concentrate on the various open innovation perspectives for firms to achieve sustainability. View Full-TextKeywords:
open innovation; value chain; sustainability; sustainable development; sustainability of firms
▼
Figures
Figure 1
This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited. (CC BY 4.0).
Share & Cite This Article
MDPI and ACS Style
Yun, J.J.; Yigitcanlar, T. Open Innovation in Value Chain for Sustainability of Firms. Sustainability 2017, 9, 811.
Note that from the first issue of 2016, MDPI journals use article numbers instead of page numbers. See further details here.
Related Articles
Article Metrics
Comments
[Return to top]
Sustainability
EISSN 2071-1050
Published by MDPI AG, Basel, Switzerland
RSS
E-Mail Table of Contents Alert