Choosing between Closed and Open Innovation

Ching T. Liao, Mehdi Bagherzadeh, Stefan Markovic, Vesna Damnjanovic

Publikation: KonferencebidragPaperForskningpeer review

Abstract

This article investigates how moving from closed to open innovation is associated with innovation performance. It defines relative openness as the extent to which firms engage in open innovation relative to closed innovation. By focusing on two underlying forces: legitimation and complexity, we theorize a U-shaped relationship between relative openness and firms’ innovation performance. Empirical evidence based on survey data collected from 130 companies in Serbia supports the hypothesis. The result is robust under different model specifications. This article contributes to the open innovation literature by conceptualizing that closed and open innovation are two ends of a continuum and discussing its implications in innovation performance.
OriginalsprogEngelsk
Publikationsdato2023
Antal sider37
StatusUdgivet - 2023
BegivenhedDRUID23 Conference - NOVA School of Business and Economics, Lisbon, Portugal
Varighed: 10 jun. 202312 jun. 2023
Konferencens nummer: 44
https://conference.druid.dk/Druid/?confId=66

Konference

KonferenceDRUID23 Conference
Nummer44
LokationNOVA School of Business and Economics
Land/OmrådePortugal
ByLisbon
Periode10/06/202312/06/2023
Internetadresse

Emneord

  • Open innovation
  • Innovation performance
  • U-shaped relationship

Citationsformater