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The effective management of technology as a source of competitive advantage is of vital importance for many organisations. It is necessary to understand, communicate and integrate technology strategy with marketing, financial, operations and human resource strategies. This is of particular...
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The circular economy (CE) aims to radically improve resource efficiency by eliminating the concept of waste and leading to a shift away from the linear take-make-waste model. In a CE, re-sources are flowing in a circular manner either in a biocycle (biomass) or technocycle (inorganic materials)....
Persistent link: https://www.econbiz.de/10011817595
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...
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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
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
Innovation clusters continue to be an important focus of economic development policies in many nations. Leading innovation clusters demonstrate that regional concentration strengthens the innovative capability and can lead to successful competitiveness on a global level, as demonstrated by...
Persistent link: https://www.econbiz.de/10010930107