Proceedings of the 2022 6th International Seminar on Education, Management and Social Sciences (ISEMSS 2022)

Competitive Advantage of Open Innovation in the Context of Enterprise Digital Transformation

Authors
Yini Lan1, *
1Faculty of Business, University of Macao, Macao, 999078, China
*Corresponding author. Email: BB90713@um.edu.mo
Corresponding Author
Yini Lan
Available Online 29 December 2022.
DOI
https://doi.org/10.2991/978-2-494069-31-2_434How to use a DOI?
Keywords
Open Innovation; Enterprise Digital Transformation; Innovation management; Competitive Advantage
Abstract

Enterprise digital transformation is the implementation of digital solutions to company systems. With digital transformation, enterprises move their businesses to cloud infrastructure and improve business operations. This paper explores whether open innovation has a competitive advantage in a digital context. To answer this question, the author explores the two domains of open competitive advantage through literature research and case studies from multiple perspectives, including feasibility, drivers, and the concept of competitive advantage. In addition, the concept of dynamic capability theory is introduced to explain the competitive advantages of open innovation and the important role of sustainable development in the digital transformation of enterprises.

Copyright
© 2022 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 2022 6th International Seminar on Education, Management and Social Sciences (ISEMSS 2022)
Series
Advances in Social Science, Education and Humanities Research
Publication Date
29 December 2022
ISBN
10.2991/978-2-494069-31-2_434
ISSN
2352-5398
DOI
https://doi.org/10.2991/978-2-494069-31-2_434How to use a DOI?
Copyright
© 2022 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

TY  - CONF
AU  - Yini Lan
PY  - 2022
DA  - 2022/12/29
TI  - Competitive Advantage of Open Innovation in the Context of Enterprise Digital Transformation
BT  - Proceedings of the 2022 6th International Seminar on Education, Management and Social Sciences (ISEMSS 2022)
PB  - Atlantis Press
SP  - 3694
EP  - 3699
SN  - 2352-5398
UR  - https://doi.org/10.2991/978-2-494069-31-2_434
DO  - https://doi.org/10.2991/978-2-494069-31-2_434
ID  - Lan2022
ER  -