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Playing chess or playing poker? : Assessment of uncertainty propagation in open innovation projects

Gomes, Leonardo Augusto de Vasconcelos (author)
Business Administration Department, School of Economics, Business Administration and Accounting, University of São Paulo, Brazil
Lopez-Vega, Henry (author)
Jönköping University,IHH, Organisation, Ledarskap, Strategi och Entreprenörskap,IHH, Centre for Family Entrepreneurship and Ownership (CeFEO),IHH, Media, Management and Transformation Centre (MMTC)
Facin, Ana Lucia Figueiredo (author)
Production Engineering Department, Polytechnic School, University of São Paulo, Brazil
 (creator_code:org_t)
Elsevier, 2021
2021
English.
In: International Journal of Project Management. - : Elsevier. - 0263-7863 .- 1873-4634. ; 39:2, s. 154-169
  • Journal article (peer-reviewed)
Abstract Subject headings
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  • Consider an interorganizational open innovation project, in which different organizations cooperate to generate value for clients or to solve a technological problem. In this setting, both the focal firm and the partners face uncertainties over time (e.g., technological uncertainties, market uncertainties) and, therefore, the performance of the focal firm and the overall interorganizational project depend on that firm's ability to assess potential uncertainties. The process of diffusion of a particular uncertainty throughout an inter-organizational project can be defined as uncertainty propagation. Assessment of uncertainty propagation can be employed to mitigate its detrimental impact. This paper connects previous studies of open innovation, uncertainty management and project management by providing a comprehensive, but structured, framework to assess uncertainty propagation. First, we propose the underlying causes of uncertainty propagation. Then, we present the three different approaches to its assessment, based on causes, effects and protection.

Subject headings

SAMHÄLLSVETENSKAP  -- Ekonomi och näringsliv -- Företagsekonomi (hsv//swe)
SOCIAL SCIENCES  -- Economics and Business -- Business Administration (hsv//eng)

Keyword

Capabilities
Open innovation
Project management
Uncertainty
Uncertainty management
Inter-organizational
Market uncertainty
Technological uncertainty
Uncertainty propagation
Underlying cause
Uncertainty analysis

Publication and Content Type

ref (subject category)
art (subject category)

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