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2 Jan 2020

Collaborative Innovation: creating opportunities in a changing world

Prof. Vareska van de Vrande, ERIM Member and professor of collaborative innovation and business venturing at Rotterdam School of Management, Erasmus University (RSM), delivered her inaugural address Collaborative Innovation: Creating opportunities in a changing world on 2 June 2017. During her address, Professor Van de Vrande called on companies to start thinking about different interorganisational strategies as part of their integrated growth strategy.

Today’s business environment is characterised by fast and frequent change, which is often difficult to predict. As a consequence, companies need to continuously invest in the development of new business to remain competitive. However, due to the increasing complexity of the environment, internal development is often not enough, and collaborative innovation is becoming more important. There are three areas that warrant our attention. First, interest among employees and organisations to pursue entrepreneurial initiatives raises questions around the management and support that is needed to foster these initiatives and how to best organise internal corporate venturing. Second, the increasing number of start-ups provides opportunities for existing companies to tap into emerging technologies and business areas through corporate – start-up collaboration. Third, the changing nature of work provides an opportunity for existing organisations to rethink the relationship they have with their employees and to find a way to benefit from the increased flexibility of their own and other’s workers. I will raise a number of research questions in these areas and provide directions for future research in the field.

Read the Inaugural Address: https://repub.eur.nl/pub/100028/  

 

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