Title:
Managing
Open Knowledge and Firm’s Boundaries for Successful New Product
Development
Abstract: Several
transformations in the digital economy have introduced complexity and
dynamicity in the competitive environment of different firms.
Continuous and effective innovation is considered to be the major
source of sustained competitive advantage. A new framework of business
seems to be at work: the emergence of enterprises working together in
intimate and trust based relationships to develop, produce and deliver
complex products, through using Information and Communication
Technologies (ICTs). These emergent business models are deemed to be
new open business frameworks, able to address the rising development
costs and shorter product life cycles of the new products, through a
greater integration of external technology in their own innovation
processes. Based on the resource-based and the knowledge-based views of
the firm, this paper describes the Extended Enterprise’s (EE) pillars
and highlights the importance of knowledge management (KM) and
relationship management (RM) for successful new product development
(NPD) process. Further, the authors argue that KMS plays a key role in
enhancing the capabilities of the EE.
Author: Raffaele
Filieri and Salma Alguezaui