More and more firms are taking the route towards Open Innovation, i.e. applying more rigor to find relevant but yet-unknown innovation partners and co-innovating with them. To achieve this, they define where they want to be open and where not and apply one or the other approach to find new partners (e.g. technology scouts, proprietary innovation networks and entering a R&D cluster). Additionally, In order to increase the absorptive capacity of their organizations, they re-align structures and processes and embark …

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