Open Innovation in Value Chain for Sustainability of Firms
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
Sustainability 2017, 9(5), 811; https://doi.org/10.3390/su9050811
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)
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.
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Keywords:
open innovation; value chain; sustainability; sustainable development; sustainability of firms
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MDPI and ACS Style
Yun, J.J.; Yigitcanlar, T. Open Innovation in Value Chain for Sustainability of Firms. Sustainability 2017, 9, 811. https://doi.org/10.3390/su9050811
AMA Style
Yun JJ, Yigitcanlar T. Open Innovation in Value Chain for Sustainability of Firms. Sustainability. 2017; 9(5):811. https://doi.org/10.3390/su9050811
Chicago/Turabian StyleYun, JinHyo Joseph; Yigitcanlar, Tan. 2017. "Open Innovation in Value Chain for Sustainability of Firms" Sustainability 9, no. 5: 811. https://doi.org/10.3390/su9050811
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