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

Zheng Liu, Yongjiang Shi, Bo Yang Orcid Logo

Journal of Open Innovation: Technology, Market, and Complexity, Volume: 8, Issue: 1, Start page: 21

Swansea University Author: Bo Yang Orcid Logo

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DOI (Published version): 10.3390/joitmc8010021

Abstract

The 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 ma...

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Published in: Journal of Open Innovation: Technology, Market, and Complexity
ISSN: 2199-8531
Published: MDPI AG 2022
Online Access: Check full text

URI: https://cronfa.swan.ac.uk/Record/cronfa59192
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Abstract: The 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.
Keywords: open innovation, ecosystem, digitalization, COVID-19
College: Faculty of Humanities and Social Sciences
Funders: This paper is to be presented as a keynote speech of the Society of Open Innovation: Technology, Market, and Complexity (SOI) 2022 Annual International Conference. The publishing fee of this paper is funded by SOI 2022.
Issue: 1
Start Page: 21