Few studies on open innovation (OI) have addressed OI practices in small and medium sized enterprises (SMEs) and how their use of OI and resulting benefits differ from large enterprises. The lack of resources in SMEs to engage in looking outward is said to be a barrier to OI, but at the same...

This paper investigates the impact of open innovation on national systems of innovation. The open innovation concept has become widely established among scholars and practitioners following publication of the seminal work by Chesbrough (2003). However, an overview of its impact on national...

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...

Firms need to innovate and develop dynamic capabilities to create a sustainable competitive advantage. Due to this pressure, firms in high-tech industries invest a high percentage of their revenues in innovation. Despite the vast amount of available innovation success stories, only one in five...

resources to cope with issues that arise in the various stages of the innovation process. These are often lacking in private family small and medium-sized enterprises (SMEs). Such firms usually do not possess the required diversity of in-house resources and expertise, which makes it...