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Open Innovation in Times of Crisis: An Overview of the Healthcare Sector in Response to the COVID-19 Pandemic

Published version
Peer-reviewed

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Authors

Liu, Z 
Shi, Y 
Yang, B 

Abstract

jats:pThe COVID-19 pandemic has caused huge and disruptive technological changes in the healthcare sector, transforming the way businesses and societies function. To respond to the global health crisis, there have been numerous innovation projects in the healthcare sector, including the fast design and manufacturing of personal protective equipment (PPE) and medical devices, and testing, treatment, and vaccine technologies. Many of these innovative activities happen beyond organizational boundaries with collaboration and open innovation. In this paper, we review the current literature on open innovation strategy during the pandemic and adopt the co-evolution view of business ecosystems to address the context of change. Based on a detailed exploration of the COVID-19-related technologies in the UK and global healthcare sectors, we identify the key emerging themes of open innovation in crisis. Further discussions are conducted in relation to each theme. Our results and analysis can help provide policy recommendations for the healthcare sector, businesses, and society to recover from the crisis.</jats:p>

Description

Funder: Society of Open Innovation: Technology, Market, and Complexity (SOI); Grant(s): N/A

Keywords

35 Commerce, Management, Tourism and Services, 3507 Strategy, Management and Organisational Behaviour, Generic health relevance, 3 Good Health and Well Being

Journal Title

Journal of Open Innovation: Technology, Market, and Complexity

Conference Name

Journal ISSN

2199-8531
2199-8531

Volume Title

Publisher

Elsevier BV