scholarly journals Open Innovation in SMEs of Developing and Transitional Economies

Author(s):  
Hakikur Rahman ◽  
Isabel Ramos

Despite being accepted by corporate entrepreneurs and large business houses around the globe, the adaptation of strategies and concepts belonging to the newly evolved dimension of entrepreneurships, and the open innovation (OI), countries in the East, West or Southare yet to accommodate open innovation strategies in their business practices - especially in efforts to reach out to the grassroots communities. By far, firms belonging to the small- and medium-sized enterprises (SMEs), irrespective of their numbers and contributions towards their national economies, are far behind in accepting open innovation strategies for their business developments. While talking about this newly emerged business dimension, it comprises of complex and dynamically developed concepts like management of intellectual property aspects, administration of patents and copyright issues, or supervision of market trend for minute details related to knowledge acquisition. All these issues are largely responsible for adding value to the business proposition in terms of economy or knowledge gain, and organizations or entities acting in this aspect deserve comprehensive investigation. As most of the developed countries have already adopted open innovation strategies, finding this as a weak link in terms of entrepreneurships in less developed countries, this chapter intends to seek answers related to the mentioned issues focusing adaption of open innovation strategies in developing and transitional economies. It is a longitudinal study on business houses or national efforts from countries belonging to these categories, deducting from a literature review. The chapter goes on looking into various aspects of business development incorporating OI concepts, synthesizes building a reasonable framework to be applicable in the target economies, points out to some future research aspects, and concludes the finding of this research. This study is supposed to enhance the knowledge of entrepreneurs and researchers by gaining specific knowledge on the trend of open innovation strategies in developing and transitional economies.

2013 ◽  
pp. 944-962 ◽  
Author(s):  
Hakikur Rahman ◽  
Isabel Ramos

Despite being accepted by corporate entrepreneurs and large business houses around the globe, the adaptation of strategies and concepts belonging to the newly evolved dimension of entrepreneurships, and the open innovation (OI), countries in the East, West or Southare yet to accommodate open innovation strategies in their business practices - especially in efforts to reach out to the grassroots communities. By far, firms belonging to the small- and medium-sized enterprises (SMEs), irrespective of their numbers and contributions towards their national economies, are far behind in accepting open innovation strategies for their business developments. While talking about this newly emerged business dimension, it comprises of complex and dynamically developed concepts like management of intellectual property aspects, administration of patents and copyright issues, or supervision of market trend for minute details related to knowledge acquisition. All these issues are largely responsible for adding value to the business proposition in terms of economy or knowledge gain, and organizations or entities acting in this aspect deserve comprehensive investigation. As most of the developed countries have already adopted open innovation strategies, finding this as a weak link in terms of entrepreneurships in less developed countries, this chapter intends to seek answers related to the mentioned issues focusing adaption of open innovation strategies in developing and transitional economies. It is a longitudinal study on business houses or national efforts from countries belonging to these categories, deducting from a literature review. The chapter goes on looking into various aspects of business development incorporating OI concepts, synthesizes building a reasonable framework to be applicable in the target economies, points out to some future research aspects, and concludes the finding of this research. This study is supposed to enhance the knowledge of entrepreneurs and researchers by gaining specific knowledge on the trend of open innovation strategies in developing and transitional economies.


Author(s):  
Hakikur Rahman

In spite of the increased acceptance by most of the corporate business houses around the world, the adaptation of strategies and concepts belonging to the newly evolved dimension of entrepreneurships, the open innovation (OI), countries in the East, West or South are yet to adapt appropriate strategies in their business practices, especially in order to reach out to the grass roots communities, or to the masses. So far, firms belonging to the small and medium sized enterprises (SMEs) sector, irrespective of their numbers and contributions towards their national economies are lagging behind far in accepting open innovation strategies for their business advancements. While talking about this newly emerged business dimension, it comprises of complex and dynamically developed concepts like, management of various aspects of intellectual property, administration of patents, copyright and trademark issues or supervision of market trend for minute details related to knowledge acquisition. All these issues are largely responsible to add value to the business plan in terms of economy or knowledge gain, and organizations acting in this aspect deserve comprehensive researches and investigations. As most of the developed countries are already in their advanced stage in adopting open innovation strategies, finding this as a weak link in terms of entrepreneurships in less developed countries, this chapter intends to seek answers related to the mentioned issues focusing adaption of open innovation strategies in developing and transitional economies. It is a study on business houses or national efforts from countries belonging to these categories, deducting from a longitudinal literature review. The chapter goes on looking into other aspects of business development incorporating various OI concepts, synthesizes to build a reasonable framework to be applicable in the target economies, points out to some future research aspects and concludes the finding of this research. This study expects to enhance knowledge of entrepreneurs, academics and researchers by gaining specific knowledge on trend of open innovation strategies in developing and transitional countries.


2020 ◽  
pp. 2030-2052
Author(s):  
Hakikur Rahman

In spite of the increased acceptance by most of the corporate business houses around the world, the adaptation of strategies and concepts belonging to the newly evolved dimension of entrepreneurships, the open innovation (OI), countries in the East, West or South are yet to adapt appropriate strategies in their business practices, especially in order to reach out to the grass roots communities, or to the masses. So far, firms belonging to the small and medium sized enterprises (SMEs) sector, irrespective of their numbers and contributions towards their national economies are lagging behind far in accepting open innovation strategies for their business advancements. While talking about this newly emerged business dimension, it comprises of complex and dynamically developed concepts like, management of various aspects of intellectual property, administration of patents, copyright and trademark issues or supervision of market trend for minute details related to knowledge acquisition. All these issues are largely responsible to add value to the business plan in terms of economy or knowledge gain, and organizations acting in this aspect deserve comprehensive researches and investigations. As most of the developed countries are already in their advanced stage in adopting open innovation strategies, finding this as a weak link in terms of entrepreneurships in less developed countries, this chapter intends to seek answers related to the mentioned issues focusing adaption of open innovation strategies in developing and transitional economies. It is a study on business houses or national efforts from countries belonging to these categories, deducting from a longitudinal literature review. The chapter goes on looking into other aspects of business development incorporating various OI concepts, synthesizes to build a reasonable framework to be applicable in the target economies, points out to some future research aspects and concludes the finding of this research. This study expects to enhance knowledge of entrepreneurs, academics and researchers by gaining specific knowledge on trend of open innovation strategies in developing and transitional countries.


Author(s):  
Hakikur Rahman

Despite the increased acceptance by corporate business houses around the globe, the adaptation of strategies and concepts belonging to the newly evolved dimension of entrepreneurships, the open innovation (OI), countries in the East, West, or South are yet to adapt appropriate strategies in their business practices, especially in order to reach out to the grass roots and marginal communities. By far, firms belonging to the small and medium sized enterprises (SMEs) sector, irrespective of their numbers and contributions towards their national economies, are lagging behind in accepting open innovation strategies for their business improvements. While talking about this newly emerged business dimension, it comprises of complex and dynamically developed concepts like, management of intellectual property aspects, administration of patents, copyright and trademark issues, or supervision of market trend for minute details related to knowledge attainment.


Author(s):  
Hakikur Rahman ◽  
Isabel Ramos

Adoption of innovation strategies in entrepreneurship is an age old phenomenon, but inclusion of open innovation or collaborative innovation strategies in the business processes is a newly evolved concept. By far, most research reveals that the majority of successful global ventures are adopting open innovation strategies in their business proceedings. However, despite their contribution to entrepreneurship and national economy, the small and medium scale enterprises (SMEs) are well below the expectation level in terms of acquiring this newly emerged trend of doing business. Moreover, not much research is being conducted to investigate SMEs potencies, expectations, delivery channels and intricacies around the adoption, nourishment and dissemination of open innovation strategies. This research proposes a contextual framework leading to an operational framework to explore the lifecycle of open innovation strategy management activities focusing technology transfer (inbounds or outwards). It discusses a few issues on future research in empowering SMEs through utilization of open innovation strategies.


2017 ◽  
Vol 9 (3) ◽  
pp. 296-314 ◽  
Author(s):  
Arbaiah Abdul Razak ◽  
Peter A. Murray

Purpose The purpose of this study was to explore the strategies performed by innovation actors to ensure commercialisation success, and to determine which of these strategies significantly predict a successful commercialisation within a public university context. Design/methodology/approach The strategies conceptualised for this study included open innovation, strategic leadership and collaborative advantage. A total of 222 public university academics participated in an anonymous survey and were asked to provide responses on their innovation strategies. These responses were then explored to assess the construct validity of the survey instrument and further analysed using a hierarchical multiple regression technique to test the hypotheses and to compare several regression models. Findings The results suggested that strategic leadership and open innovation strategies are significant predictors for successful commercialisation with coefficient of multiple determination (R2) of 21 per cent. This study, however, found that collaborative advantage does not significantly determine commercialisation success. Research limitations/implications The study was limited by the empirical evidence that was based on cross-sectional survey data of public university academics. A qualitative study with other groups of participants such as from the industries would further confirm the relationship between innovation strategies and commercialisation success. Future research should replicate this study in other settings to improve the generalisation of the findings. Originality/value This study discovered strategic leadership as the most dominant predictor for commercialisation success in a public university context followed by open innovation strategy. It confirms the strategic roles of leaders in innovation attempts and provides further understanding about the openness strategy in innovation.


2020 ◽  
Vol 1 (1) ◽  
pp. 30-36
Author(s):  
Muhammad Asif Khan

Indonesia is a country in southern Asia consisting of many islands and is the 4th largest populated country in the world. The country has one of the best economies in the world since it has been participating in international trade for many years. However, it has had drawbacks that have made it unable to reach the levels of the developed countries in the world. Therefore, it is necessary to study the facts behind the success and the failure of some business ventures. Additionally, the study of strategies by companies to have a competitive advantage in business is fundamental to understanding the situation in the country. The new research will seek to use the available analyses about the same topic to bring about a new understanding. Theories such as McClelland’s locus of control theory can apply in the study to understand the relationship between entrepreneurship and the psychology of people. The paper uses secondary sources review to get information about the topic to propose a solution to the challenges that the companies in the country have been facing towards achieving a competitive returns.


2012 ◽  
Vol 4 (2) ◽  
pp. 106-112
Author(s):  
Antonio García Martínez ◽  
Jaime Navarro Casas

In the developed countries, the construction sector now accounts for 20 to 40% of the total energy consumption. This sector is a key factor in national economies, and it not only represents a critical consumption of resources, but also creates the built environment. These are some of the reasons why researchers around the world have recently developed procedures to determine the environmental impacts of whole buildings. In this context, Life Cycle Assessment (LCA) is a useful tool to analyze buildings from the environmental point of view. This article shows the results obtained by applying the LCA methodology to three residential buildings. Each studied dwelling is located in different urban context and is different from a typological and constructive point of view. This article discusses the importance of the choice for a building location and selection of source materials relating to the total environmental impact. All the studied buildings were designed and built by researchers from the Architecture School of Seville. Santrauka Išsivysčiusiose šalyse 20–40 % viso energijos suvartojimo tenka statybų sektoriui. Šis sektorius yra pagrindinis nacionalinės ekonomikos veiksnys, kuris ne tik lemia išteklių naudojimą, bet ir sukuria užstatytą aplinką. Tai tik keletas priežasčių, kodėl visame pasaulyje mokslininkai neseniai sukūrė procedūras, kuriomis nustatomas pastatų poveikis aplinkai. Šiame kontekste gyvavimo ciklo analizė (GCA) yra naudinga priemonė statiniams aplinkos požiūriu analizuoti. Šiame straipsnyje pateikiami rezultatai, gauti taikant GCA metodiką trims gyvenamiesiems pastatams. Kiekvienas išstudijuotas būstas, įsikūręs skirtingose urbanistinėse situacijose, skiriasi tipologiniu ir konstruktyviniu požiūriu. Straipsnyje aptariama statybos vietos, statybos žaliavų pasirinkimo svarba ir bendras jų poveikis aplinkai. Visi šie pastatai buvo suprojektuoti ir pastatyti Architektūros mokyklos Sevilijoje mokslininkų.


Author(s):  
Marcel Bogers ◽  
Ana Burcharth ◽  
Henry Chesbrough

While open innovation has been increasingly adopted in developed countries, firms from emerging markets such as Brazil markedly fall behind this trend. Our understanding of the reasons behind this phenomenon remains nevertheless limited, since most research focuses on the industrialized world. In this paper, we aim to inspire the academic community to investigate the issue of why companies from emerging economies such as Brazil have limited open innovation strategies, when they need to draw on external partners as to overcome the institutional, resource and capability constraints they are subject to. We build on the argument that latecomer firms in emerging economies need to actively use open innovation more than ever, as to overcome internal rigidities and spur the innovative resources and capabilities required for the digital transformation and for addressing grand societal challenges. In reviewing current research on openness and especially in the Brazilian setting, we contend that it is a relevant empirical context to study, giving the potential to uncover unique mechanisms and theoretical relations by asking (and possibly answering) novel research questions. Building on a conceptual framework that links various implementation levels of open innovation, we identify themes that are either less well researched or contested and thereby suggest challenges and opportunities for future research.


2019 ◽  
Vol 7 (2) ◽  
pp. 178-191 ◽  
Author(s):  
Marcel Bogers ◽  
Ana Burcharth ◽  
Henry Chesbrough

While open innovation has been increasingly adopted in developed countries, firms from emerging markets such as Brazil markedly fall behind this trend. Our understanding of the reasons behind this phenomenon remains nevertheless limited, since most research focuses on the industrialized world. In this paper, we aim to inspire the academic community to investigate the issue of why companies from emerging economies such as Brazil have limited open innovation strategies, when they need to draw on external partners as to overcome the institutional, resource and capability constraints they are subject to. We build on the argument that latecomer firms in emerging economies need to actively use open innovation more than ever, as to overcome internal rigidities and spur the innovative resources and capabilities required for the digital transformation and for addressing grand societal challenges. In reviewing current research on openness and especially in the Brazilian setting, we contend that it is a relevant empirical context to study, giving the potential to uncover unique mechanisms and theoretical relations by asking (and possibly answering) novel research questions. Building on a conceptual framework that links various implementation levels of open innovation, we identify themes that are either less well researched or contested and thereby suggest challenges and opportunities for future research.


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