Abstract
The rise of digital technologies and open innovation has revolutionized innovation practices, creating new opportunities for moving born-physical open innovation settings to metaverse-like virtual environments. This study explores a virtual corporate-startup collaboration program in the energy industry to understand how digital feature usage facilitates trusted relationships and enables successful pilots. This article presents a framework that emphasizes the strategic use of digital information and interaction features for targeting and bonding with partners. Program managers can tackle the unrealized metaverse through ubiquitous program management and overcome social barriers through adaptive social engineering of digital interactions. This article also provides an outlook on evolving technologies and hybrid designs.
Original language | English |
---|---|
Pages (from-to) | 21-44 |
Journal | California Management Review |
Volume | 67 |
Issue number | 1 |
DOIs | |
Publication status | Published - 2024 |
Bibliographical note
Publisher Copyright:© The Regents of the University of California 2024.
Keywords
- open innovation
- trust
- virtual environments