Open innovation ecosystem model for Indonesian SOEs

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

Abstract

State-Owned Enterprises (SOEs) manage significant portion of world economy, including in the developing countries. SOEs are expected to be active and play significant role in improving the country's economic performance and welfare through enhancing innovation performance. Disruptive market and technology eventually affecting innovation process to be more challenging, complex, and costly. Closed innovation process and lack of collaboration hinders SOEs to reach satisfying innovation performance level, especially in Indonesia. Open innovation paradigm paves way to explore innovation beyond their own internal environment. SOEs need a systematic way in adapting and orchestrating their innovation processes in the context of innovation ecosystem to build competitive advantage through collaborative advantage in the midst of dynamic and complex environment. This paper explores the role of innovation ecosystem in the strategic entrepreneurship process of SOEs, of which is represented by dynamic capability framework, business model innovation, and collaborative advantage as a proxy for competitiveness.

Original languageEnglish
Title of host publicationISPIM Connects Salzburg: The Sound of Innovation
PublisherInternational Society for Professional Innovation Management
Pages1-18
ISBN (Print)978-952-65069-4-4
Publication statusPublished - 30 Dec 2023

Keywords

  • Collaborative innovation
  • collaborative advantage
  • dynamic capability
  • innovation ecosystem
  • open innovation
  • strategic entrepreneurship
  • state-owned enterprises
  • resource orchestration

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