Innovation is considered crucial for enterprises survival and current economic environment demands the best ways of achieving it. However, the development of complex products and services require the utilization of diverse know-how and technology, which enterprises may not hold. An effective strategy for achieving them is to rely in open innovation. Still, open innovation projects may fail for many causes, e.g. due to the dynamics of collaboration between partners. To effectively benefit from open innovation, it is recommended the utilization of adequate risk models. For achieving such models, a preliminary conceptualization of open innovation and risk is necessary, which includes modeling experiments with existing risk models, such as the FMEA. © IFIP International Federation for Information Processing 2015.
Original languageEnglish
Title of host publicationRisk assessment in open innovation networks
Place of Publication Springer New York LLC
Number of pages12
ISBN (Print) 978-331924140-1
Publication statusPublished - 1 Oct 2015

Publication series

NameIFIP Advances in Information and Communication Technology


  • Open innovation
  • Risk assessment
  • Collaborative networks
  • FMEA


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