scholarly journals Open innovation: a new classification and its impact on firm performance in innovative SMEs

2015 ◽  
Vol 3 (2) ◽  
pp. 33-54 ◽  
Author(s):  
Joon Mo Ahn ◽  
Tim Minshall ◽  
Letizia Mortara
Keyword(s):  
Firm Performance ◽  
Survey Data ◽  
Open Innovation ◽  
Performance Enhancement ◽  
User Involvement ◽  
Public Research ◽  
New Classification ◽  
Research Institutes ◽  
Adoption And Implementation ◽  
The Relationship

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 cooperation with external partners are positively associated with firm performance; (2) technology and market-oriented OI modes (Joint R&D, user involvement and open sourcing), involving relatively low level of changes, can positively contribute to performance enhancement; and (3) innovative SMEs benefit from working with non-competing partners, such as customers, consultancy/intermediaries and public research institutes. This work has broadened the evidence available on SMEs’ OI adoption and has proposed a new way to study OI adoption and implementation.

scholarly journals Government Initiatives for Developing Technologies in Public Research Institutes through Strategic Relationship with Industry

2012 ◽  
Vol 3 (1) ◽  
pp. 79-94
Author(s):  
S. Rama Mohan
Keyword(s):  
Technology Development ◽  
Technology Selection ◽  
Public Research ◽  
Secondary Sources ◽  
Competitive Edge ◽  
Explorative Study ◽  
Research Institutes ◽  
Strategic Relationships ◽  
The Relationship ◽  
Successful Technology

The relationship between The country that facilitates strategic relationships among research institutes and industries, through appropriate mechanisms, gains a competitive edge through faster technology development, transfer and commercialization. Successful technology development and transfer, needs early identification of potential technologies and assessment of their commercial potential. This study examines various models for technology selection and technology development available in the literature. Also, this communication presents various government initiatives that promote technology development, transfer and commercialization in Indian public research institutes. These initiatives try to bridge the gap between research institutes and industry and help research institutes to commercialize the technologies emanating from it. Important initiatives and their implementation were identified using an explorative study through a review of secondary sources and websites of concerned government departments.

scholarly journals The nexus between dynamic capabilities and competitive firm performance: the mediating role of open innovation

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Asta Pundziene ◽  
Shahrokh Nikou ◽  
Harry Bouwman
Keyword(s):  
Firm Performance ◽  
Open Innovation ◽  
Dynamic Capabilities ◽  
Competitive Performance ◽  
Content Type ◽  
Mediating Role ◽  
Competitive Firm ◽  
The Relationship ◽  
Practical Implications

PurposePrior research has reported the indirect implications of firm's dynamic capabilities on their competitive firm performance. Our attention now turns to open innovation since it has been confirmed to be an influential factor contributing to the superior performance of technological firms. So far there has been little research on assessing the relationship between a firm's dynamic capabilities as an antecedent of the competitive performance of the firm or investigations into the mediating role of open innovation in this relationship.Design/methodology/approachDrawing on the theory of dynamic capabilities, we developed a framework as a way to better understand the role of open innovation, which could then help to better explain the relationship between firms' dynamics capabilities and their competitive firm performance. Based on the empirical data of 465 firms operating in innovative and non-innovative industries, we employed structural equation modelling (SEM) to examine the research hypotheses and the path relationships in the proposed model.FindingsThe SEM analysis revealed that a firm's dynamic capabilities significantly impact its open innovation performance and that open innovation, consequently, impacts the competitive performance of the firm. Moreover, the results show that the path between dynamic capabilities and competitive firm performance is partially mediated through open innovation.Practical implicationsThe findings provide practical implications and draw managerial attention to the importance of: (1) investing in innovation, (2) engaging customers in the innovation process and (3) maintaining innovation management excellence as significant antecedent factors in increasing competitive firm performance.Originality/valueConsidering the lack of empirical research in the literature on the links between dynamic capabilities and open innovation, this paper contributes to the dynamic capabilities and open innovation literature by confirming that open innovation not only mediates the relationship between these two aspects but also strengthens the effect the dynamic capabilities have on competitive firm performance. Besides, due to the significant impact of dynamic capabilities on open innovation, dynamic capabilities might be regarded as an antecedent of open innovation.

scholarly journals The role of 4PL provider as a mediation and supply chain agility

2020 ◽  
Vol 2 (2) ◽  
pp. 99-111
Author(s):  
Macide Berna Çağlar Kalkan ◽  
Kenan Aydın
Keyword(s):  
Supply Chain ◽  
Firm Performance ◽  
Survey Data ◽  
Service Providers ◽  
Equation Modeling ◽  
Content Type ◽  
Supply Chain Agility ◽  
The Impact ◽  
The Relationship

PurposeThe aim of this study is to examine the role and capabilities of fourth party logistics (4PL) in the supply chain agility and firm performance. In addition to this, the relationship between supply chain agility and firm performance is also examined. This study aims to fulfill the gap in the literature about the studies on the relationship between 4PL capability dimensions, supply chain agility and business performance.Design/methodology/approachThe study uses survey data from 58 senior executives and managers in the logistics and supply chain functions from 4PL service providers' customer firms in Turkey. The results are structural equation modeling using SmartPLS software. Snowball sampling method was used to collect survey data.FindingsThis study shows that integrator and supply chain infomediary are appropriate practices for mediating the impact of agile supply chain strategies, on firm performance. For supply chain practitioners, results indicate that firms benefit greatly if they consider the outsourcing, such as a 4PL partnership, in conjunction with their supply chain strategy.Research limitations/implicationsTime, cost and the presence of businesses located in different cities across Turkey in the sample of study and the existence of the tendency of enterprises not to participate in the research can be stated as the limitations of this study.Originality/valueIn the literature, studies on 4PL have been conducted in different fields which can be categorized as follows: 4PL solution development, reasons that facilitate and prevent the design and implementation of 4PL, scope of 4PL service delivery and profit and risk sharing from the structure of 4PL networks. Briefly, the studies focus on conceptualizing and differentiating of 4PL from 3PL before reaching a common definition. Motivation of this study is to fulfill the gap of literature about supply chain agility, firm performance relationship and mediation role of 4PL skill dimensions.

Investigating open innovation strategies and firm performance: the moderating role of technological capability and market information management capability

2020 ◽  
Vol 35 (1) ◽  
pp. 23-39 ◽  
Author(s):  
Suqin Liao ◽  
Lihua Fu ◽  
Zhiying Liu
Keyword(s):  
Firm Performance ◽  
Information Management ◽  
Open Innovation ◽  
Technological Capability ◽  
Market Information ◽  
Content Type ◽  
Management Capability ◽  
Innovation Strategies ◽  
The Relationship

Purpose This study aims to assess how firm functional capability moderates the relationship between two types of open innovation and performance, with a special focus on the role of technological capability and the join effect market information management capability. This paper develops and tests a research model, which assesses how the performance implications of two open innovation forms are shaped by the technological capability and how such an effect is contingent on market information management capability. Design/methodology/approach Survey data were collected from 238 Chinese high-tech enterprises. Structural equation modeling and linear regression were used to test the data. Then, the main research questions were answered. Findings Empirically results show that technological capability strengthens the influence of inbound open innovation on firm performance. However, the moderate effect of technological capability on the relationship between outbound open innovation and firm performance remains unsupported. A higher technological capability with a high level of market information management capability increases the efficacy of outbound open innovation in gaining superior performance. Additional analysis shows that when firms implement inbound activities and possess a strong technological capability, they will achieve higher performance if they possess a moderate level of market information management capability, compared with a high or low level. Originality/value This paper provides new evidence on the benefits of different open innovation strategies on firm’s performance and, more importantly, the specific firm-level contingencies (technological capability and market information management capability) under which these benefits are more likely to be enhanced. It clarifies what the capabilities are and how they interact to foster the robust open innovation strategies, which sheds new light on the boundary conditions that affect the open innovations–firm performance relationship.

OPEN INNOVATION IN PUBLIC RESEARCH INSTITUTES — SUCCESS AND INFLUENCING FACTORS

2019 ◽  
Vol 23 (07) ◽  
pp. 1950064 ◽  
Author(s):  
JONAS VAN LANCKER ◽  
ERWIN WAUTERS ◽  
GUIDO VAN HUYLENBROECK
Keyword(s):  
Organizational Structure ◽  
Influencing Factors ◽  
Open Innovation ◽  
Public Research ◽  
Research Institutes ◽  
Factors Influencing ◽  
Research Organizations ◽  
Set Up ◽  
Innovation Approach ◽  
Innovation Processes

Public research organizations need to increasingly engage in open innovation processes besides classic collaboration with industry and public-private partnerships. In this study, the effectiveness of an open innovation approach is examined in three bio-economy cases set up by a public research institute, as well as the factors influencing the implementation of the approach. The results indicate that an open innovation approach can yield many beneficial outcomes in a public research context, despite a great many detrimental influencing factors. These identified adverse factors can be aggregated into four key areas, the organizational structure and culture being the prevalent. The results and the derived implications contribute to the further understanding of managerial challenges experienced when implementing open innovation to practice, deliver insights towards the applicability of open innovation in a public research environment and provide a first understanding on how the approach performs in the context of the transition towards a bioeconomy.

Big data analytics capability as a mediator in the impact of open innovation on firm performance

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
José Arias-Pérez ◽  
Alejandro Coronado-Medina ◽  
Geovanny Perdomo-Charry
Keyword(s):  
Big Data ◽  
Firm Performance ◽  
Financial Performance ◽  
Open Innovation ◽  
Data Analytics ◽  
Big Data Analytics ◽  
Content Type ◽  
Customer Involvement ◽  
The Relationship ◽  
Analytics Capability

PurposeBig data analytics capability (BDAC) is the ability of a firm to capture and analyze big data toward the generation of insights. The literature has mainly focused on analyzing the direct effects of BDAC on different aspects related to firm performance such as finances and innovation. However, the lack of works analyzing the intermediation role BDAC could play is noticeable, particularly in organizational situations that pose great challenges in terms of data processing. Thus, the aim of this paper is to analyze BDAC mediation in the relationship between open innovation (OI), particularly customer involvement, and firm performance (financial and non-financial).Design/methodology/approachStructural equation modeling was used to test the proposed model with survey data from a sample of 112 firms.FindingsThe results show that BDAC has a partial mediating effect on the relationship between OI and financial performance, and between OI and non-financial performance. Nevertheless, this mediation is greater in the first relationship.Originality/valueThe main contribution of the study is to offer a broader research perspective regarding the role of BDAC in the relationship between OI and firm performance. This study ultimately questions that research tradition in which this role has been reduced to that of a simple application of data analytics techniques. Instead, the results show BDAC is primarily an organizational skill that should be articulated with key processes, such as customer involvement, to maximize the financial and non-financial use of the large flow of data coming from the main OI activity of low and medium-technology companies.

Open innovation and organizational ambidexterity

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Bang-Ning Hwang ◽  
Yi-Ping Lai ◽  
Chunhsien Wang
Keyword(s):  
Firm Performance ◽  
Open Innovation ◽  
Moderated Mediation ◽  
High Tech ◽  
Organizational Ambidexterity ◽  
Content Type ◽  
Mediating Role ◽  
The Relationship ◽  
Moderating Role

PurposeThis study aims to examine the relationships among open innovation, organizational ambidexterity and firm performance. One important aspect of open innovation is that it enables a firm to develop its organizational ambidexterity capability and become more efficient in using this capability to improve its performance.Design/methodology/approachThe authors introduce a moderated mediation theoretical framework to reveal the bridging role of organizational ambidexterity in the effect of open innovation on firm performance. The theoretical model is empirically validated using survey data from 215 high-tech firms.FindingsThe authors find that open innovation plays a moderating role in the relationship between organizational ambidexterity and firm performance. Furthermore, organizational ambidexterity plays a significant mediating role in the relationship between open innovation and firm performance, and open innovation has a nonlinear, inverse U-shaped moderation effect on the relationship between organizational ambidexterity and firm performance.Research limitations/implicationsThis is one of the first studies to undertake a moderated mediation analysis by highlighting the mediating role of organizational ambidexterity and the moderating role of open innovation in influencing firm performance. The authors make a theoretical contribution to the field of open innovation and organizational behavior, and the authors provide concrete and feasible decision-making suggestions to decision makers adopting open innovation.Practical implicationsThe empirical results can help high-tech firm managers ascertain the organizational ambidexterity practices that can be employed and determine the level of open innovation to enhance firm performance.Originality/valueThis research provides new insights into whether and how firms can grasp the benefits of organizational ambidexterity to undertake open innovation activities. The findings not only contribute to advancing the mediating effect of organizational ambidexterity but also verify the inverse U-shaped moderation of open innovation in the relationship between organizational ambidexterity and firm performance.

Open innovation and firm performance: the role of organizational mechanisms

2018 ◽  
Vol 24 (3) ◽  
pp. 814-836 ◽  
Author(s):  
María J. Oltra ◽  
M. Luisa Flor ◽  
José A. Alfaro
Keyword(s):  
Firm Performance ◽  
Open Innovation ◽  
Positive Influence ◽  
Content Type ◽  
Technology Firms ◽  
Direct Generation ◽  
The Relationship ◽  
Organizational Mechanisms ◽  
Positive Effect

PurposeThe purpose of this paper is to examine the relationship between the use of open innovation (OI) practices and firm performance, and the role of organizational mechanisms (OMs) (formalization and decentralization) as moderator variables.Design/methodology/approachThe authors build a theoretical framework to define a set of hypotheses that are then verified in an empirical study. These theoretical propositions are tested by using the data gathered from a survey addressed to 244 firms in Spanish low- and medium-technology industries.FindingsWith regard to inbound practices, the practices oriented to cooperate with partners in a R&D context have a positive influence. The results show that outbound practices, either by direct generation of revenues from licensing payments or, more indirectly, through the indirect marketing and technical benefits that can stem from revealing have a positive effect on firm performance. Coupled practices, which are related to participation in clusters and innovation networks, have the highest impact on firm performance. In the industrial context examined, decentralization exerts a positive effect which enhances the effect of outbound practices meanwhile formalization reduces their positive effect.Practical implicationsThis study helps practitioners in low- and medium-technology firms to determine which OI practices are most beneficial to firm performance and how formalization and decentralization can influence the relationship between OI and firm performance.Originality/valueThis study helps determine the influence of OI practices in terms of inbound, outbound and coupled types through an analysis of low- and medium-technology firms. The OI literature is enriched by the types herein of the role of OMs, which includes an analysis of how formalization and decentralization moderate the influence of OI practices on firm performance.

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