ISTANBUL BUSINESS RESEARCH, cilt.49, sa.1, ss.1-35, 2020 (ESCI)
The concept of open innovation has emerged from the thought that firms and institutions do not reveal innovation solely through internal processes as in closed innovations. The process of introducing innovation is accelerated by enabling the knowledge inflow to and outflow from the company; and the competitive power is achieved not by producing the best and the greatest number of ideas/projects but by using the inner and outer ideas in the most efficient way. The literature has defined the stages of open innovation throughout the production process as idea generation, idea development, experience, engineering, manufacturing and commercialization. These stages have been labelled the depth of the firm's openness. Additionally, all possible stakeholders with whom companies can collaborate throughout the production process have been defined as the width of the firm's openness.