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The Strathprints institutional repository is a digital archive of University of Strathclyde research outputs.

Strathprints serves world leading Open Access research by the University of Strathclyde, including research by the Strathclyde Institute of Pharmacy and Biomedical Sciences (SIPBS), where research centres such as the Industrial Biotechnology Innovation Centre (IBioIC), the Cancer Research UK Formulation Unit, SeaBioTech and the Centre for Biophotonics are based.

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Convergence and Reorientation via Open Innovation Networks: The Emergence of Nutraceuticals

Siedlok, F. and Smart, P. and Gupta, A. (2010) Convergence and Reorientation via Open Innovation Networks: The Emergence of Nutraceuticals. Technology Analysis and Strategic Management, 22 (5). pp. 571-592. ISSN 1465-3990

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Abstract

The use of networked organizational arrangements to conduct exchanges is one of the most distinctive features of high-tech research intensive industries. Advances in biotechnology and genomics research have enabled a generic technology platform that has fuelled a more 'open' approach to innovation and learning. This relies on collaborations between networked partners and allows for the convergence and reorientation of traditional sectors. This paper lends support to the view that some technologies can trigger a higher system level innovation, that is, in addition to the inter-firm level, an inter-industrial and inter-institutional level convergence and re-orientation process. This paper explores how this phenomenon is being witnessed in the pharmaceutical and food sectors and fast becoming a dominant logic in the emerging nutraceuticals industry.