Abstract
In this paper, we explore the effects of inbound open innovation on firm’s
innovation performance. Empirical strategic management research in general,
and research on open innovation, in particular, is subject to an important degree
of model uncertainty. This is because the true model, and therefore the selection
of appropriate explanatory variables, is essentially unknown. Drawing on the
literature on the determinants of innovation, and by analyzing innovation
survey data for France, Germany, and the UK, we conduct a ‘large-scale’
replication using the Bayesian averaging approach of classical estimators. We
test a wide range of determinants of innovation performance suggested in the
prior open innovation literature, and establish a robust set of findings on the
variables which shape innovation performance. We provide some implications
for innovation research and explore the potential application of our approach to
other domains of research in strategic management.
innovation performance. Empirical strategic management research in general,
and research on open innovation, in particular, is subject to an important degree
of model uncertainty. This is because the true model, and therefore the selection
of appropriate explanatory variables, is essentially unknown. Drawing on the
literature on the determinants of innovation, and by analyzing innovation
survey data for France, Germany, and the UK, we conduct a ‘large-scale’
replication using the Bayesian averaging approach of classical estimators. We
test a wide range of determinants of innovation performance suggested in the
prior open innovation literature, and establish a robust set of findings on the
variables which shape innovation performance. We provide some implications
for innovation research and explore the potential application of our approach to
other domains of research in strategic management.
| Original language | English |
|---|---|
| Title of host publication | 15th International Open and User Innovation Conference : Book of Abstracts |
| Place of Publication | Innsbruck |
| Publisher | University of Innsbruck |
| Publication date | 2017 |
| Pages | 30 |
| Publication status | Published - 2017 |
| Event | 15th International Open and User Innovation Conference 2017 - The University of Innsbruck, Innsbruck, Austria Duration: 10 Jul 2017 → 12 Jul 2017 Conference number: 15 https://ouisociety.org/conference2017/ |
Conference
| Conference | 15th International Open and User Innovation Conference 2017 |
|---|---|
| Number | 15 |
| Location | The University of Innsbruck |
| Country/Territory | Austria |
| City | Innsbruck |
| Period | 10/07/2017 → 12/07/2017 |
| Internet address |