An Obstacle Factor Analysis and Suggestions for Implementing Open Innovation: Focus on the Startup Alliance Program

Currently, the introduction of open inn ovation is considered as one of the important topics for the companies' s urvival strategy, especially, in the ICT industry that has been continuously s eeking to innovative ideas more quick ly and effectively from the markets. In fact, implementing open innovation re quires a high degree of technological openness and compatibility across or ganizations. But, cases are often rep orted that many businesses are going down the tubes during implementatio n of open innovation. This study tried to find the obstacle factors and their solutions based on a variety of prece ding studies and case studies about the introduction of open innovation an d the usage of collective intelligence, and also through conducting in-depth interview as a qualitative approach wi th both the organizers and participant s of the startup alliance program and the open contest sponsored by the m ulti-national ICT companies in South Korea which is identified as one of the successful cases of open innovation. From the study, we hope it would offe r helpful advice to bring a successful implementation of open innovation for ICT companies.