Measuring the connection between open innovation, dynamic capabilities, and LinkedIn in tech-based companies

The paper Measuring the Connection Between Open Innovation, Dynamic Capabilities, and LinkedIn in Tech-Based Companies, falls squarely at the intersection of innovation management, organizational adaptability, and the strategic use of digital platforms within technology-driven industries. This study explores how LinkedIn can act as a facilitator of open innovation, hence enabling the creation of dynamic capabilities to make use of external knowledge and networks, thereby promoting collaboration for technology-based companies.

Informed by open innovation theory, this paper situates LinkedIn within the conceptual frame of a dynamic digital ecosystem, through which a firm may obtain various types of external resources, talent engagement, and constant monitoring of market trends. The research hypothesizes that technology-based companies that use LinkedIn as an integral part of their strategies on innovation are more responsive to environmental shifts and more capable of dealing with the complexities of today’s innovation processes. Quantitatively investigating the relationship between the level of activity on LinkedIn, dynamic capabilities, and innovation outcomes provides empirical insights into how digital platforms support resource orchestration, absorptive capacity, and sustainable competitive advantage.

Such findings are related to the DIGEST project There are parallel approaches since it focuses on integrating data and operational frameworks with human, subjective decision-making. In DIGEST, an engineering approach for asset management seeks to consider all the dynamic operational and contextual elements with respect to decisions related to optimal maintenance and life cycles. The same emphasis on adaptability and the importance of real-time decision-making-as possible in digital media like LinkedIn-forms a crucial conclusion to improve the outcome of innovation processes in turbulent contexts.

Both the DIGEST project and the paper form part of the greater narrative that is Industry 5.0, where technology and human aspects come together for sustainable and resilient systems. The DIGEST framework uses predictive analytics and what-if modeling for proactive maintenance; the study underlines the potential of LinkedIn to enable organizations to reconfigure their capabilities dynamically by collaborating and sharing knowledge outside the company. This shared reliance on advanced forecasting, human-centered principles, and digital ecosystems underlines the transformative potential of combining operational data with strategic innovation tools.

Additionally, the DIGEST project’s focus on balancing cost factors (e.g., maintenance, production losses, and opportunity costs) mirrors the strategic considerations examined in the paper. For instance, firms using LinkedIn for innovation can mitigate opportunity costs by identifying and leveraging timely collaborative opportunities, much like DIGEST’s emphasis on optimizing the trade-offs between repair, replacement, and production schedules.

While the latter focuses on how LinkedIn might enable smarter, more responsive innovation processes, the DIGEST project draws on both human-centered and technological principles to underpin better decision-making in industrial ecosystems. Together, these works contribute to a deeper understanding of how digital platforms and advanced methodologies can enhance organizational performance, extend system lifecycles, and foster sustainable industrial practices.