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Open Innovation (OI) is an approach which describes a purposive attempt to draw together knowledge from different contributors to develop and exploit innovation. It has become clear that OI directly benefits organisations' economic performance and resilience, but researchers, practitioners, and...
Persistent link: https://www.econbiz.de/10012872220
With the complexity of technology increasing and globalisation becoming more common, the importance of collaboration in innovation implementation has increased in recent years. The literature has investigated collaboration in various ways, but the scope of the research has been fragmented and...
Persistent link: https://www.econbiz.de/10012867958
The literature has shown that open innovation (OI) can be a winning strategy in improving firm performance. However, in order to adopt and implement it, managers need to resolve practical problems, such as understanding the role played by OI capacities and openness on firm performance. In...
Persistent link: https://www.econbiz.de/10012867959
Many studies have attempted to investigate the potential benefits of open innovation. However, the long term effects of openness have yet to be demonstrated, even if few researchers hypothesised that high openness could increase firms' dynamic capabilities and hence their resilience in the face...
Persistent link: https://www.econbiz.de/10012867960
This paper attempts to deepen understanding of the relationship between open innovation (OI) and firm performance in small and medium-sized enterprises (SMEs). Based on survey data from 306 Korean innovative SMEs, the results of this study show that: (1) broad and intensive engagement in OI and...
Persistent link: https://www.econbiz.de/10013033699
Although open innovation (OI) has been an important research theme for over a decade, its theoretical framework has been relatively under-researched. As OI involves a wide range of innovation activities, a firm’s capacities in the use of the various firm resources play a critical role in OI...
Persistent link: https://www.econbiz.de/10014153534