scholarly journals A Critical Review of Open Innovation in SMEs: Implementation, Success Factors and Challenges

2021 ◽  
Vol 6 (2) ◽  
Author(s):  
Eristian Wibisono
Keyword(s):  
Developing Countries ◽  
Open Innovation ◽  
Success Factors ◽  
External Environment ◽  
Innovation Process ◽  
Network Access ◽  
Implementation Success ◽  
Technology Entrepreneurship ◽  
Process Stage ◽  
Main Factor

<p><strong><em>Abstract</em></strong></p><p><em>This literature review explores the Open Innovation of SME companies, their application, success factors, impact, and challenges. The theoretical framework is built starting from the definition, a critical pillar, and Open Innovation in SME companies. The main factor in the Open Innovation process stage is finding innovative ideas and establishing network access with the external environment. Balanced, systematic, and thorough collaboration is the key to this process. Although European scholars have done it quite a lot, the study of literature on Open Innovation in SMEs still could continue to be developed. Several research results were found in studies conducted in developing countries such as China, Taiwan, and Korea, distinguishing them from similar studies in Europe.</em></p><p><strong><em>Keywords:</em></strong><em> <em>innovation; SMEs; technology; entrepreneurship; open innovation</em></em></p>

scholarly journals An optimized model for open innovation success in manufacturing SMEs

2021 ◽  
Author(s):  
Amir Hakaki ◽  
Mohsen Shafiei Nikabadi ◽  
Mahnaz Ali Heidarloo
Keyword(s):  
Open Innovation ◽  
Structural Equation ◽  
Success Factors ◽  
Resource Constraints ◽  
Innovation Process ◽  
Research Institutions ◽  
Ant Colony Optimization Algorithm ◽  
Fuzzy Dematel ◽  
Cumulative Impact ◽  
The Impact

Given the fluctuations in markets and the financial and resource constraints of SMEs, innovation is one of the solutions for improving performance, gaining competitive advantage and increasing survival probability for these companies. The paper aims to determine the best ranking of effective factors in open innovation success in manufacturing SMEs. At the first stage, the most important factors investigated using structural equation modelling based on the opinion of 275 experts. Subsequently, the impact level of each factor on the others calculated by fuzzy DEMATEL among 12 specialists’ viewpoints. In the end, optimized ranking of studied factors obtained by Ant Colony Optimization algorithm. As a result, economic factors, suppliers, competitors, partners, firm’s strategy, firm’s structure, reward system, employees, IT support, organizational learning, universities, research institutions, and ecological issues hold the first to the thirteenth rank with the highest cumulative impact on open innovation success. Developing relations with universities and research institutions for improving innovation process is recommended to manufacturing SMEs. In addition, these companies should coordinate firm’s strategy as one of the most important open innovation success factors with partners to gain competitive advantages against competitors.

How to Integrate Suppliers into the Innovation Process? An Explorative Case of Champion Formalization in the Purchasing Department in Times of Open Innovation

2017 ◽  
Vol 14 (06) ◽  
pp. 1750036 ◽  
Author(s):  
Maximilian A. Maier ◽  
Peter Rück ◽  
Alexander Brem
Keyword(s):  
Open Innovation ◽  
Success Factors ◽  
Single Case ◽  
Innovation Management ◽  
Innovation Process ◽  
Success Stories ◽  
Innovation Activities ◽  
Purchasing Department ◽  
Development Teams

Literature on the champion theory proposes the informal character of the champion’s role and also notes difficulties in institutionalizing it. Nevertheless, formally institutionalized roles that seem to fit the description of a champion can be recognized in organizations, especially as enablers of open innovation activities. However, research cannot answer how this institutionalization occurs and which factors influence it. To answer these questions, we investigate a unique single case in which a champion role was institutionalized in the purchasing department of a multinational company. The new role’s task is to identify, select, and integrate supplier innovations. Our results indicate that the informal role of the champion can be successfully institutionalized when certain success factors are considered, which are management commitment, use of success stories, and matching of champions with research and development teams. We contribute to innovation management literature by using the well-established champion theory to explain how and why large multinational companies formally establish the role of the innovation champion. Our research offers pathways for further research about both, the antecedents and the consequences of role formalization. Practitioners can build on the success factors derived in this study when formally implementing innovation champions as enablers of open innovation activities.

scholarly journals Harvesting reflective knowledge exchange for inbound open innovation in complex collaborative networks: an empirical verification in Europe

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Armando Papa ◽  
Roberto Chierici ◽  
Luca Vincenzo Ballestra ◽  
Dirk Meissner ◽  
Mehmet A. Orhan
Keyword(s):  
Open Innovation ◽  
Knowledge Exchange ◽  
External Environment ◽  
Innovation Process ◽  
Ordinary Least Squares ◽  
Collaborative Networks ◽  
Reflective Knowledge ◽  
Least Squares Regression ◽  
Content Type ◽  
Patent Applications

Purpose This study aims to investigate the effects of open innovation (OI) and big data analytics (BDA) on reflective knowledge exchange (RKE) within the context of complex collaborative networks. Specifically, it considers the relationships between sourcing knowledge from an external environment, transferring knowledge to an external environment and adopting solutions that are useful to appropriate returns from innovation. Design/methodology/approach This study analyzes the connection between the number of patent applications and the amount of OI, as well as the association between the number of patent applications and the use of BDA. Data from firms in the 27 European Union countries were retrieved from the Eurostat database for the period 2014–2019 and were investigated using an ordinary least squares regression analysis. Findings Because of its twofold lens based on both knowledge management and OI, this study sheds light on OI collaboration modes and highlights the crucial role they could play in innovation. In particular, the results suggest that OI collaboration modes have a strong effect on innovation performance, stimulating the search for RKE. Originality/value This study furthers a deeper understanding of RKE, which is shown to be an important mechanism that incentivizes firms to increase their efforts in the innovation process. Further, RKE supports firms in taking full advantage of the innovative knowledge they generate within their inter-organizational network.

Critical Success Factors in Russian R&D Projects in the Real Economy

2010 ◽  
pp. 41-61
Author(s):  
V. Andreev
Keyword(s):  
Empirical Research ◽  
Critical Success Factors ◽  
Success Factors ◽  
Innovation Process ◽  
Real Economy ◽  
Key Factors ◽  
Industrial Products ◽  
Successful Development ◽  
The Real ◽  
Critical Success

The article discusses the concept of "success" in relation to innovative business and its performance. The quantity of innovative projects that can consistently overcome the stages of the innovation process to achieve the desired result is defined. The author presents the results of empirical research of successful and unsuccessful projects of leading Russian innovative companies in various industries, identifies key factors of successful development of new industrial products.

Research on Simulation Customers Participate Type in Open Innovation

2014 ◽  
Vol 926-930 ◽  
pp. 2054-2057
Author(s):  
Jun Hui He
Keyword(s):  
Open Innovation ◽  
Degrees Of Freedom ◽  
New Products ◽  
Innovation Process ◽  
Degree Of Freedom ◽  
Three Dimensions ◽  
Dynamic Evolution ◽  
Evolution Simulation ◽  
High Degree

This paper proposed customers to participate typology based on three dimensions, which are the customers’ autonomy in the process, the nature of the firm‐customer collaboration, and the stage of the innovation process. Then proposed customers to participate in the type of open innovation framework. Through the static comparative and dynamic evolution simulation found: customers tend to be open to participate in the development of new products pre innovation, the tendency to begin to choose the low participation of degrees of freedom, and ultimately tend to opt for a high degree of freedom to participate.

Is Co-working Increase Survivability? Study on how Collaborating and Networking Facilitates Open Innovation Process for Startups

2020 ◽  
Vol 7 (2) ◽  
pp. 68-75
Author(s):  
Elissa Dwi Lestari
Keyword(s):  
Open Innovation ◽  
Deep Understanding ◽  
Innovation Process ◽  
Future Research ◽  
Innovation Ecosystem ◽  
Quantitative Studies ◽  
Multiple Case ◽  
Start Ups ◽  
Community Manager

Startups, as they are bounded to their liabilities of newness and smallness, need to collaborate extensively with their external partners through the open innovation process. This study aims to depict Co-working space's pivotal role in building up a working innovation ecosystem that facilitates open innovation for startups. To get a more deep understanding of the phenomena, this study used an exploratory study based on three case studies of Co-working spaces operated in the Jakarta region. The study shows that the open innovation process among startups is not naturally existed, but instead, it is purposefully designed by the role of a community manager who acts as the ecosystem catalyst. The community manager becomes the ecosystem enablers that facilitate the networking process by connecting members. As a result, these activities will help the emerging of mutual connection and collaboration processes among members that empower open innovation among startups members. The multiple-case design makes the study conclusions might be difficult to generalize. Future research, including quantitative studies, will help the conclusions examination and the knowledge enrichment of start-ups' open innovation process. This paper will enrich the knowledge concerning how Co-working spaces member seizing opportunities that lead to the open innovation process.

Understanding the relationship between organizational culture and inbound open innovation

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Franz Barjak ◽  
Fabian Heimsch
Keyword(s):  
Corporate Culture ◽  
Open Innovation ◽  
Innovation Process ◽  
External Pressure ◽  
External Control ◽  
Specific Situation ◽  
Content Type ◽  
Process Innovations ◽  
Innovation Activities ◽  
The Relationship

PurposeThe relationship between corporate culture and inbound open innovation (OI) has been limited to two sub-constructs: a culture for openness and an innovation culture, but until now a richer conceptualization of corporate culture is missing.Design/methodology/approachThe authors apply Quinn and Rohrbaugh's (1983) competing values framework and regress these together with company internal and external control variables on five measures of inbound OI, reflecting product innovation, process innovation and the sourcing of innovation activities. The authors use data from a survey of more than 250 Swiss companies, primarily SMEs.FindingsThe importance of the firms' market environments suggests that the results are affected by the specific situation in which the firms found themselves at the time of the survey: after a strong currency shock, inbound OI activities seem to be a reaction to external pressure that favored planning and rule-oriented (formal) cultures to implement cost-cutting process innovations.Practical implicationsCompanies should develop a vision and a strategy, ensure open and transparent communication, have suitable reward and support mechanisms in place, adjust structures and processes, and institutionalize and formalize any change whenever they are confronted with a situation that requires a quick reaction and an adjustment to their degree of openness.Originality/valueThe paper clarifies the relationship between cultural traits and inbound OI, using a well-established understanding of corporate culture and differentiating between innovation types. It points to the importance of the external environment in order to understand the role of culture.

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