Open Innovation in the Financial Services

• Main Author: Fasnacht, Daniel. (Author)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic
• Language: English
• Published: Berlin, Heidelberg : Springer Berlin Heidelberg, 2009.
• Subjects: Economics.; Banks and banking.; Industrial management.; Entrepreneurship.; Economics/Management Science.; Management/Business for Professionals.; Finance /Banking.
• Online Access: https://ezaccess.library.uitm.edu.my/login?url=http://dx.doi.org/10.1007/978-3-540-88231-2

Open innovation means gathering new ideas from sources beyond organizational boundaries. It occurs when solutions to address clients needs are developed in collaboration and the resulting products and services are distributed through a flexible network of partners. Daniel Fasnachts book, the first...

Table of Contents:

• Introduction
• The Strategic Value of Growth and Innovation
• Leading Through the Changing Business Environment
• Open Innovation  the New Business Paradigm
• Transition Strategies to Open Innovation
• Developing a Set of New Management Practices
• Providing a Culture of Open Innovation
• Conclusion.