Authors
Amir Bahman Radnejad, Harrie Vredenburg
Publication date
2015/1/1
Journal
International Journal of Entrepreneurship and Innovation Management
Volume
19
Issue
1-2
Pages
77-98
Publisher
Inderscience Publishers
Description
The open innovation model has been the topic of many studies, but studies of applications of the model in resource–based industries are scarce. In this research, we examine the deployment of the open innovation model in resource–based industries through the case of the Canadian oil and gas sector. Our findings show that the need for technical innovation is rapidly increasing as a result of the nature of the new complex fossil fuel reservoirs the industry is now developing. High research and development costs, long development cycles, resistance to change and high technical risk, we find, are obstacles hindering the development of new innovative technologies. In response to these challenges to innovation, the Canadian industry experimented with a unique model of open innovation by establishing an industry–level organisation. In this study, we explore this emerging model of open innovation and interpret its …
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