Author:
K.V. Sriram,Hungund Sumukh
Abstract
Purpose
This study aims to analyze the influence of inbound and outbound open innovation practices on firm performance among Indian product small and medium-sized enterprises.
Design/methodology/approach
A cross-sectional design with a quantitative approach is adopted. The data is collected from 213 decision-makers of software product firms through an online survey using the criteria-based snowball sampling method. The data is processed in IBM SPSS 23.0 and analyzed using multiple regression.
Findings
Collaboration with customers and purchasing intellectual property rights (IPR) are the key inbound practices that positively influence firm performance. Outbound innovation practices such as selling out IPR and spin-off influence firm performance negatively and positively, respectively. Inbound open innovation practice such as trade show participation helps in product development and outbound open innovation practice such as spin-off helps in product development.
Originality/value
The study analyses the influences of inbound and outbound open innovation practices on firm performance among software product firms in emerging economies. The research outcomes have vast implications for theory and practitioners.
Subject
Management of Technology and Innovation,General Engineering
Reference98 articles.
1. An empirical study on determining the attitudes of small and medium sized businesses (SMEs) related to coopetition;Procedia-Social and Behavioral Sciences,2012
2. The role of internal and external sources of knowledge on frugal innovation: moderating role of innovation capabilities;International Journal of Innovation Science,2021
3. The influence of open/closed innovation on employees’ performance;International Journal of Organizational Analysis,2018
4. Assessing the impact of organizational learning capability on product innovation performance: an empirical test;Technovation,2008
5. Open versus closed innovation: a model of discovery and divergence;Academy of Management Review,2010
Cited by
4 articles.
订阅此论文施引文献
订阅此论文施引文献,注册后可以免费订阅5篇论文的施引文献,订阅后可以查看论文全部施引文献