Analysis of open innovation practices in the Iranian power industry

Open innovation has become one of the hottest topics in innovation management. In this study, after reviewing the relevant literature, a conceptual framework is designed. This framework has been tested and proved in a field study in the Iranian power industry. Gathered data has been processed by Exploratory Factor Analysis in SPSS software. The results of this research shows that Iranian electricity generating companies use four approaches including Selling out and Leakage of technology, Acquisition of Technology, Acquisition of Firms and Projects, and Spin offs and Divestment, in their open innovation processes respectively.