In Business to Business (B2B) markets, choosing the wrong business partner can reduce the
company’s ability to survive and thrive into the future. Stakeholder involvement in
organizations and the complex set of interactions between stakeholders and the organization,
expressed in formal and informal relationships and characterized by a wide array of experiences,
impressions, facts, perceptions, beliefs and knowledge, all of these contribute in different
measures to organizational reputation.
Brisa Innovation and Technology (BIT), a Portuguese company, operates based on an open
innovation model in which it assumes the role of orchestrator in the development of new
products. This is achieved by means of an inclusive virtual factory model, whereby various
stakeholders are involved, including universities, technology centers, startups and suppliers.
The creation of innovation ecosystems arising from this particular type of process makes this model particularly suitable to Brisa, in that it allows for the coverage and development of a
broad range of skills, with a reasonably low outlay of scarce and expensive resources. The
existence of a model of this nature and with these characteristics allows Brisa to assume the
role of a catalyst for innovation, thus contributing to the country’s welfare in the way of
imports substitution. It does so by stimulating the production of knowledge in domestic
sectors of industry and enhancing the organization’s role in the development of an information
systems sector in Portugal.
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