Negative Effects of Relative Proximity and Absolute Geography on Open Innovation Practices in High-tech SMEs in the UK

Author(s):  
D. Weiss ◽  
T.H.W. Minshall
2017 ◽  
Vol 23 (6) ◽  
pp. 1144-1166 ◽  
Author(s):  
Lara Agostini ◽  
Anna Nosella ◽  
Benedetta Soranzo

Purpose The purpose of this paper is to investigate the influence that different components of relational capital (marketing capability, open innovation with business and scientific partners, technological reputation, brand) have on customer performance (CP). Moreover, the moderating effect of absorptive capacity on such relationships is tested. Design/methodology/approach First, the direct relationship between the different components of relational capital and CP is analyzed through a linear regression model. Then, to test the moderating effect, two distinct regression analyses are conducted into two sub-samples, defined according to the level of absorptive capacity. The authors carried out these analyses on a sample of 150 small- and medium-sized enterprises (SMEs) in the medium- and high-tech B2B context. Findings Results of this study prove that CP is enhanced through firm marketing capability, open innovation with business partners and technological reputation, while brand and open innovation with scientific partner do not have an association with CP. In particular, the impact of marketing capability and open innovation with business actors on CP is greater for firms with higher absorptive capacity. Research limitations/implications This paper, highlighting the relevance of relational capital and absorptive capacity in improving CP, enhances our knowledge about the factors that help to strengthen the relationships with customers, which is an under-investigated issue especially for SMEs competing in B2B industries, and extends our knowledge on open innovation practices. Practical implications Findings of this paper suggest that, to achieve better CP, managers should pay special attention to nurturing their marketing capability and high-quality relationships with external actors and invest in absorptive capacity to enhance the positive effect of such linkages. Originality/value This work, combining the external perspective of relational capital and the internal organizational dimension of absorptive capacity, provides valuable insights about the knowledge and resource mix that firms might rely on to achieve better customer satisfaction and loyalty.


2020 ◽  
Vol 3 (3) ◽  
pp. 42
Author(s):  
Lei Wang ◽  
Huiwen Yuan

The phenomenon of Anglicism is one of the hot linguistic topics which exists in almost every language in the world, especially in the French language. We look back to the history of English and French, and introduce the definition and classification of Anglicism. Considering the predominant place of the UK and the USA in many fields, the English language undoubtedly becomes Lingua franca in recent years.In certain high-tech domains, there are some irreplaceable words or the words which can't be translated properly in the target language. In order to introduce relative concepts, we have to ask the original language for help. That's how the Anglicism appears. And since then, the Anglicism has grown rapidly.By analyzing the history of the two languages, the origin of Anglicism and its development, we try to find out whether the phenomenon of Anglicism causes positive or negative effects for the French language.


2022 ◽  
Vol 18 (1) ◽  
pp. 0-0

This paper studies an original analytical framework to address the implementation dynamics of open innovation practices by discussing their impacts on SMEs' social capital and knowledge integration. A total of 358 High-Tech SMEs in the Democratic Republic of Congo participated in the survey. The collected data were statistically analyzed using structural equation modeling (SEM) in Smart PLS to verify the postulated hypothesis. The results reveal that open innovation practices promote knowledge integration, and social capital partially mediates open innovation and knowledge integration capability. The results further indicate that network competence moderates the practice of open innovation and social capital interactions with external knowledge sources. The theoretical implications of this study contribute to advance the discussion on the antecedent of social capital and knowledge integration in SMEs in developing countries and propose network competence as a moderator. The study also highlights the social capital nature of open innovation and reinforces the knowledge of scholars.


2019 ◽  
Vol 6 (1) ◽  
pp. 51-54
Author(s):  
YASMIN Kamall KHAN ◽  
Azlin Shafinaz Mohd Arshad

Open innovation has so far been studied mainly in high-tech, multinational enterprises. This conceptual paper on innovation ecosystem studies scrutinizing open innovation practices that has been applied by firms focusing on small- and medium-sized enterprises (SMEs). Within the review, we defined the innovation ecosystem, explaining on the innovation issues in SMEs, open innovation as well as close innovation. SMEs pursue open innovation primarily for market-related motives such as meeting customer demands, or keeping up with competitors. Their most important challenges with open innovation are securing the trade secrets. However, SMEs have option either to proceed with open innovation or closed innovation. Open and close innovation has its benefit and weakness; therefore SMEs must identify their main objectives in the business. The future directions of this issue are discussed.


2015 ◽  
Vol 3 (2) ◽  
pp. 106-130 ◽  
Author(s):  
Justine Virlee ◽  
Wafa Hammedi ◽  
Vinit Parida

This paper addresses a major gap in reported research on open innovation (OI) literature: How do service firms adopt open innovation? This research focuses on data from eighteen service SMEs in Belgium from high-tech and knowledge-intensive service industries. Based on analysis, we find new insights regarding open innovation practices (i.e., inbound and outbound) and sub-practices (i.e., acquiring, sourcing, selling and revealing) for service firms. More specifically, the study showed that service SMEs are more inclined to use inbound practices due to reasons associated with firm size, industry, and knowledge intensity in the market, whereas the decision about which sub-practice to adopt seems to be strongly influenced by the type of actor, the firm’s vulnerability and internal managerial skills, and the existence of complementarities. Thus, we contribute to OI literature as well as capability literature through providing initial insights regarding the adoption of OI by service firms.


Examples of the value that can be created and captured through crowdsourcing go back to at least 1714, when the UK used crowdsourcing to solve the Longitude Problem, obtaining a solution that would enable the UK to become the dominant maritime force of its time. Today, Wikipedia uses crowds to provide entries for the world’s largest and free encyclopedia. Partly fueled by the value that can be created and captured through crowdsourcing, interest in researching the phenomenon has been remarkable. For example, the Best Paper Awards in 2012 for a record-setting three journals—the Academy of Management Review, Journal of Product Innovation Management, and Academy of Management Perspectives—were about crowdsourcing. In spite of the interest in crowdsourcing—or perhaps because of it—research on the phenomenon has been conducted in different research silos within the fields of management (from strategy to finance to operations to information systems), biology, communications, computer science, economics, political science, among others. In these silos, crowdsourcing takes names such as broadcast search, innovation tournaments, crowdfunding, community innovation, distributed innovation, collective intelligence, open source, crowdpower, and even open innovation. The book aims to assemble papers from as many of these silos as possible since the ultimate potential of crowdsourcing research is likely to be attained only by bridging them. The papers provide a systematic overview of the research on crowdsourcing from different fields based on a more encompassing definition of the concept, its difference for innovation, and its value for both the private and public sectors.


2017 ◽  
Vol 13 (8) ◽  
pp. 121
Author(s):  
Mingjun Zhu

High-tech small and medium-sized enterprises (SMEs) have played an important role in promoting the development of Chinese national economy, but most of them are still facing the difficulty in financing. This paper determines the major factors affecting the financing for high-tech SMEs by using multiple linear regression (MLR) method and significance test then comes to a conclusion that enterprise scale, enterprise growth, tangible asset ratio and equity liquidity have positive relationship with the financing of high-tech SMEs while profitability, accumulation, non-debt tax shield and solvency have negative effects.


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