Open for Innovation: The Role of Openness in Explaining Innovation Performance Among U.K. Manufacturing Firms

Keld Laursen, Ammon Salter

    Research output: Contribution to journalJournal articleResearchpeer-review

    Abstract

    A central part of the innovation process concerns the way firms go about organizing search for new ideas that have commercial potential. New models of innovation have suggested that many innovative firms have changed the way they search for new ideas, adopting open search strategies that involve the use of a wide range of external actors and sources to help them achieve and sustain innovation. Using a large‐scale sample of industrial firms, this paper links search strategy to innovative performance, finding that searching widely and deeply is curvilinearly (taking an inverted U‐shape) related to performance.
    A central part of the innovation process concerns the way firms go about organizing search for new ideas that have commercial potential. New models of innovation have suggested that many innovative firms have changed the way they search for new ideas, adopting open search strategies that involve the use of a wide range of external actors and sources to help them achieve and sustain innovation. Using a large‐scale sample of industrial firms, this paper links search strategy to innovative performance, finding that searching widely and deeply is curvilinearly (taking an inverted U‐shape) related to performance.
    LanguageEnglish
    JournalStrategic Management Journal
    Volume27
    Issue number2
    Pages131-150
    Number of pages20
    ISSN0143-2095
    DOIs
    StatePublished - 2006

    Keywords

    • Openness
    • Innovative search
    • Search strategies
    • Innovation
    • Innovative performance

    Cite this

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    Open for Innovation : The Role of Openness in Explaining Innovation Performance Among U.K. Manufacturing Firms. / Laursen, Keld; Salter, Ammon.

    In: Strategic Management Journal, Vol. 27, No. 2, 2006, p. 131-150.

    Research output: Contribution to journalJournal articleResearchpeer-review

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