@inproceedings{66e53f14d1cc4634bcfa1a64e5e435aa,
title = "Balancing Exploration and Exploitation Through Open Innovation in the Automotive Domain – Focus on SMEs",
abstract = "The automotive domain is one of Europe{\textquoteright}s key drivers of innovation. This sector is undergoing a broad disruptive reorganisation. Competition is enticed by multiple emerging technologies, such as IoT. Thus, the industry is evolving at a swift pace. The need to continually reinvent and modernise organisations and their portfolios is not new. However, the speed at which this once so stable and established industry is changing presents unique challenges. The innovators{\textquoteright} dilemma rises from the paradox in which established organisations become victims of their success and become insignificant despite the boom of their established business. The impact of the research and development of new technologies is often not realised as organisations pour all resources into their current success model. This paper aims to provide suitable recommendations for implementing the organisational principle of ambidexterity in small and medium enterprises (SME) to better transfer and exploit the potentials of R&D projects or new technologies.",
keywords = "Ambidexterity, Automotive, Exploitation, Exploration, Open innovation",
author = "Georg Macher and Omar Veledar",
note = "Funding Information: Acknowledgements. The presented work is partially supported by OpenInnoTrain (Marie Sklodowska-Curie grant No. 823971) and DigiFed (H2020 grant No. 761708). Publisher Copyright: {\textcopyright} 2021, Springer Nature Switzerland AG.; 28th European Conference on Systems, Software and Services Process Improvement : EuroSPI 2021 ; Conference date: 01-09-2021 Through 03-09-2021",
year = "2021",
doi = "10.1007/978-3-030-85521-5_22",
language = "English",
isbn = "9783030855208",
series = "Communications in Computer and Information Science",
publisher = "Springer Science and Business Media Deutschland GmbH",
pages = "336--348",
editor = "Murat Yilmaz and Paul Clarke and Richard Messnarz and Michael Reiner",
booktitle = "Systems, Software and Services Process Improvement - 28th European Conference, EuroSPI 2021, Proceedings",
address = "Germany",
}