AN OPEN INNOVATION ECOSYSTEM FROM A STARTUP’S PERSPECTIVE

As a conceptual study this chapter takes open innovation as a tool that has been considered from the point of view of collaboration between the Industry and the Academy. However, if considered under the framework of the Resource Based Theory, specifically regarding Transaction Cost, it can be revealed that the two parties (Industry and Academy) are in fact compatible. Main focus of the discussion is on the Transaction Cost in the aspect of the management resources that are available for managing core activities and the cost incurred compared to other alternative management activities. It has been observed that small and medium enterprises (SMEs) are faced with the ever increasing stress of intensive competition and limited by their resources (for example, managerial capabilities, financial, and others) in their abilities to deal with the transaction cost, and thus effectively turn to collaboration as a solution. The study synthesizes aspects of open innovation based on a theoretical model and a case study of the User Association of Advanced Technologies program in Israel, and emphasizes on collaboration as an open innovation activity within the Resource Based Theory. Thereafter, it concludes that collaborative research reduced the transaction cost in terms of utilizing open innovation in entrepreneurships, especially in case of SMEs, before providing a few research hints. The research piggybacks on the acquired knowledge on open innovation and thus strengthens further the concept of reduction of transaction cost through collaborative research based on the specific case study.

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A Research Model for Open Innovation

SMEs and Open Innovation ◽

10.4018/978-1-61350-519-9.ch005 ◽

2011 ◽

pp. 82-104 ◽

Cited By ~ 1

Author(s):

Hakikur Rahman ◽

Isabel Ramos

Keyword(s):

Open Innovation ◽

Small And Medium Enterprises ◽

Research Model ◽

The Road ◽

Three Phase ◽

The Social ◽

Policy Level ◽

Research Gap ◽

Innovation Strategies ◽

Medium Enterprises

With the advent of innovative technologies and long the setting of entrepreneurship development philosophy, context and business handling have been transformed from being traditional to innovative. Depending on diversity and nature of the transformation, innovation has been shifted from closed peripheries to open dimension. Looking at the immense benefits, ranging from small entrepreneurs to corporate to multinational, business houses are adopting various innovation techniques. However, the road to innovation, despite being a paradigm shift is not smooth and ready for many, particularly the small and medium enterprises (SMEs) who mainly deal with the clients at the outer peripheries of the social circle. Moreover, there is a research gap within the context of SME development through open innovation strategies. This chapter intends to initiate a research model for carrying out research on the development of SMEs through utilization of open innovation strategies. Along these contexts it has tried to synthesize aspects of opportunities and challenges surrounding SMEs development utilizing open and collaborative approaches. To set the research model, the paper has developed an innovation opportunity framework, both at the policy level and at the entrepreneur level. To validate the research hypothesis, the chapter hints at carrying out a three phase survey comprising selected SMEs.

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Collaborative Research (CR)

International Journal of Information Communication Technologies and Human Development ◽

10.4018/jicthd.2013040104 ◽

2013 ◽

Vol 5 (2) ◽

pp. 47-58

Author(s):

Amiram Porath ◽

Hakikur Rahman ◽

Isabel Ramos

Keyword(s):

Transaction Cost ◽

Open Innovation ◽

Collaborative Research ◽

Small And Medium Enterprises ◽

Point Of View ◽

Innovation Activity ◽

User Association ◽

Medium Enterprises ◽

Resource Based Theory

As a conceptual study this paper takes open innovation as a tool that has been considered from the point of view of collaboration between the Industry and the Academy. However, if considered under the framework of the Resource Based Theory, specifically regarding Transaction Cost, it can be revealed that the two parties (Industry and Academy) are in fact compatible. Main focus of the discussion is on the Transaction Cost in the aspect of the management resources that are available for managing core activities and the cost incurred compared to other alternative management activities. It has been observed that small and medium enterprises (SMEs) are faced with the ever increasing stress of intensive competition and limited by their resources (for example, managerial capabilities, financial, and others) in their abilities to deal with the transaction cost, and thus effectively turn to collaboration as a solution. The study synthesizes aspects of open innovation based on a theoretical model and a case study of the User Association of Advanced Technologies program in Israel, and emphasizes on collaboration as an open innovation activity within the Resource Based Theory. Thereafter, it concludes that collaborative research reduced the transaction cost in terms of utilizing open innovation in entrepreneurships, especially in case of SMEs, before providing a few research hints. The research piggybacks on the acquired knowledge on open innovation and thus strengthens further the concept of reduction of transaction cost through collaborative research based on the specific case study.

Download Full-text

A Research Model for Open Innovation

Small and Medium Enterprises ◽

10.4018/978-1-4666-3886-0.ch014 ◽

2013 ◽

pp. 258-280 ◽

Cited By ~ 1

Author(s):

Hakikur Rahman ◽

Isabel Ramos

Keyword(s):

Open Innovation ◽

Small And Medium Enterprises ◽

Research Model ◽

The Road ◽

Three Phase ◽

The Social ◽

Policy Level ◽

Research Gap ◽

Innovation Strategies ◽

Medium Enterprises

With the advent of innovative technologies and long the setting of entrepreneurship development philosophy, context and business handling have been transformed from being traditional to innovative. Depending on diversity and nature of the transformation, innovation has been shifted from closed peripheries to open dimension. Looking at the immense benefits, ranging from small entrepreneurs to corporate to multinational, business houses are adopting various innovation techniques. However, the road to innovation, despite being a paradigm shift is not smooth and ready for many, particularly the small and medium enterprises (SMEs) who mainly deal with the clients at the outer peripheries of the social circle. Moreover, there is a research gap within the context of SME development through open innovation strategies. This chapter intends to initiate a research model for carrying out research on the development of SMEs through utilization of open innovation strategies. Along these contexts it has tried to synthesize aspects of opportunities and challenges surrounding SMEs development utilizing open and collaborative approaches. To set the research model, the paper has developed an innovation opportunity framework, both at the policy level and at the entrepreneur level. To validate the research hypothesis, the chapter hints at carrying out a three phase survey comprising selected SMEs.

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Connecting Inward and Outward Internationalisation of Malaysian SMEs: A Learning Approach

The Journal of Social Sciences Research ◽

10.32861/jssr.spi4.264.275 ◽

2018 ◽

pp. 264-275

Keyword(s):

Knowledge Sharing ◽

Value Chain ◽

Explicit Knowledge ◽

Small And Medium Enterprises ◽

Structured Interviews ◽

Supplier Relationships ◽

Study Approach ◽

Medium Enterprises ◽

The Relationship

When SMEs are part of global value chain, the flows of information in cross-border buyer-supplier relationships which emerge from inward-outward internationalisation connections should be addressed. This study therefore investigates the learning processes of internationalising small and medium enterprises that engage in inward and outward internationalisation. Hence, this study adopts a qualitative case study approach based on ten cases of the internationalising SMEs in Malaysia. Semi-structured interviews with the Managing Directors of the selected SMEs were conducted over a two-year period. Additionally, participant observations were conducted by attending the meetings related to import-export activities and documentations were gathered for data triangulation Findings of this study highlights that the relationship with key foreign suppliers empowered case firms to connect inward to outward internationalisation through collaborative knowledge sharing. The distribution of knowledge through tacit-tacit and tacit-explicit knowledge sharing underpinned by formal planning was a prerequisite for inward-outward internationalisation connections to be established.

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Small and medium enterprises and the support policy of local government

Oeconomia Copernicana ◽

10.12775/oec.2016.024 ◽

2016 ◽

Vol 7 (3) ◽

pp. 405 ◽

Cited By ~ 2

Author(s):

Mieczysław Adamowicz ◽

Aldona Machla

Keyword(s):

Local Government ◽

Small And Medium Enterprises ◽

Case Study Research ◽

Local System ◽

Limiting Factors ◽

Polish Economy ◽

Medium Enterprises ◽

The Town

The subject of this research are small and medium enterprises (SME) in the Polish economy, the support of this sector by local government and the functioning of small and medium enterprises in the local system of the town and commune of Pułtusk. The aim of this study is to present the condition and the role of SME in the local systems in light of the selected features of this sector in the country and evaluation of support for SME given by local government of the town and the commune. The case study research methods applied were literature research, documentation review and survey-based research using questionnaire. The survey was conducted in spring, 2014, on a random sample. The research resulted in learning the profile of a local entrepreneurs and the action characteristics of SME in the examined unit. The diagnosis of the sector’s situation was made, the stimulating and limiting factors of its prosperity were identified. The SME support system of local government and the entrepreneurs’ expectations towards commune government in the field of development of local enterprises were evaluated. The results and conclusions confirm the need for development of local government activity in formulating and implementation of the development of local enterprises policy.

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Identifikasi Hambatan Penerapan Lean di Usaha Kecil dan Menengah (UKM)

Organum: Jurnal Saintifik Manajemen dan Akuntansi ◽

10.35138/organum.v4i2.164 ◽

2021 ◽

Vol 4 (2) ◽

pp. 107-124

Author(s):

Mochammad Rifky Pamungkas ◽

Erna Maulina ◽

Margo Purnomo

Keyword(s):

Structural Model ◽

Small And Medium Enterprises ◽

Future Research ◽

Small Contribution ◽

Lean Implementation ◽

Study Approach ◽

Management Commitment ◽

Medium Enterprises ◽

The City

Today's world competition has increased the pressure on Small and Medium Enterprises (SMEs) to adopt lean implementations. The purpose of this study is to make a small contribution by exploring the Lean Implementation Barrier (LIB) in SMEs through three case studies of SMEs in the city of Bandung. A case study approach is used and followed by the Interpretative Structural Model (ISM) in order to see the inter-LIB relationship. The results of this study indicate that lack of management commitment and leadership, lack of employee involvement and lack of resources are the main obstacles to lean implementation in SMEs in Indonesia. Moreover, poor communication among various levels within the company and inadequate dissemination of knowledge about the benefits of lean also create barriers to lean implementation. The implication of this research is to strengthen and expand information related to research on the application of lean in SMEs, especially the results of the identified barriers that can assist SMEs in implementing lean or future research in developing and identifying barriers to implementing lean in SMEs.

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Open Innovation

Small and Medium Enterprises ◽

10.4018/978-1-4666-3886-0.ch077 ◽

2013 ◽

pp. 1521-1534

Author(s):

Hakikur Rahman

Keyword(s):

Literature Review ◽

Information And Communication Technologies ◽

Open Innovation ◽

Small And Medium Enterprises ◽

Communication Technologies ◽

The Road ◽

The Social ◽

Information And Communication ◽

Medium Enterprises ◽

Corporate Business

With the advent of innovative technologies and multi-dimensional researches along the setting of entrepreneurship development, philosophy, context and business handling has been transformed from being traditional to innovative. Depending on diversity and nature of the transformation, innovation has been shifted from closed to open to crowdsourcing innovation. Ranging from small entrepreneurs to corporate business houses are being immensely benefited by the innovation techniques, especially utilizing information and communication technologies. However, the road to innovation, despite being a paradigm shift is not smooth and ready for many, particularly the small and medium enterprises who mainly deal with the clients at the outer peripheries of the social circle. This chapter synthesizes issues of opportunities and challenges for small and medium enterprises by carrying out a broad literature review and synthesis. Furthermore, the chapter will provide a few research hints to be applicable for researchers and research institutions.

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