An age old question akin to asking Close or Open innovation. Or not? From my perspective it is the same.... one possible difference though is that,where as before tools (IT platform or Software, Knowledge management, etc. ) for Open Innovation is limited, we  have tools an policies (public private partnership, living labs, etc.) that can enable us to perform Open innovation.

One of the challenges here is the metrics to use in measuring Open Innovation. unlike closed innovation (where the company knows and records all the resources being used in the innovation process) open innovation does not, unless of course the company you are studying is the Host Innovation company.

Or are you referring to outsourcing Innovation (for External Innovation)? say for example I am the company and I hire Innovation Experts or Consultants to enhance my products?

Almirall, E., & Casadesus-Masanell, R. (2010). Open versus closed innovation: A model of discovery and divergence. Academy of management review, 35(1), 27-47.

I downloaded the article seems exactly what you are asking.

Thanks, Harry. It seems I just put the wrong keywords in the searcher!

Interesting question, you can find the enclosed articles of some interest.

Best wishes,

MV

Innovation is required as one competitiveness strategy. The dynamics of marketing requests motivation for internal innovation. Of course is one innovation external for a internal innovation. So, are one confluence.

By being efficient, One understands making innovation using optimal resources and taking an innovation fast into manufacturing or in delivery. It depends on the business model of a firm. Some firms find internal innovation more efficient while others find external innovation more efficient. It all depends on the firm innovation capabilities. There is no one answer suits all the firms. Secondly, the industry a firm is in could also play an important role in deciding upon the efficiency of innovation.

Hi, the choice from one model to other depends not just by the capabilities of the firms, it also depends of the kind of goods that the firms make. Particularly the complexity of the goods and other dimensions. In Felin and Zenger, "Closed or open innovation? Problem solving and the governance choice" Research Policy Volume 43, Issue 5, June 2014, Pages 914–925 attend this issues. Naturally, the efficiency of open or closed innovation relies also in the kind of good. Good luck!

It depends on several factors, e.g. industry and country-specific factors. You might have a look at:

https://www.researchgate.net/publication/272826589_LEARNING_FROM_THE_MOST_INNOVATIVE_A_COMPARISON_OF_SLOVENIA_AND_GERMANY

Kind regards,

Marko

Technical Report LEARNING FROM THE MOST INNOVATIVE: A COMPARISON OF SLOVENIA ...

Hi Juan Luis.

Both two are important, but depends of factors inhibitors and enablers.

Regards!!

Dear Juan,

These two papers might be useful for you. They aims at measuring innovation capability of companies. The model can be used for an industry benchmark, for a comparison between companies, for self-company assessment, for exploring the ways to develop innovation performance in long term.

Article Company Innovative Leadership Model

Article Measuring the Bulgarian IT Sector Innovations Capabilities T...

Enclosing a recent presentation made in UPM, Malaysia.

Research Proposal Curriculum evolution Innovation Management