Antecedents and determinants of high-tech SMEs' commercialisation enablers: opening the black box of open innovation practices

Innovation activities have become globalised and open in ways that were unimaginable 20 years ago. These changes have brought new insight into research on innovation activities and specific innovation practices in organisations, including that previous research largely ignored small and medium-sized...

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Published inEconomic research - Ekonomska istraživanja Vol. 30; no. 1; pp. 1033 - 1056
Main Authors Pustovrh, Aleš, Jaklič, Marko, Martin, Sheila A., Rašković, Matevž
Format Journal Article Paper
LanguageEnglish
Published Pula Routledge 01.01.2017
Taylor & Francis Ltd
Taylor and Francis Group i Sveučilište Jurja Dobrile u Puli, Fakultet ekonomije i turizma Dr. Mijo Mirković
Subjects
Antecedents
Collaboration
commercialisation enablers
Commercialization
Diffusion Processes, I24 Contracting Out
Economic theory
Globalization
High tech industries
High-tech SMEs
Information sharing
Innovations
Joint Ventures
O31Innovation and Invention:Processes and Incentives
O32 Management of Technological Innovation and R&D
O33 Technological Change: Choices and Consequences
open innovation practices
Slovenia
Small & medium sized enterprises-SME
Structural equation modeling
Technology Licensing
Transition economies
variance-based structural equation model
Slovenia
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Abstract Innovation activities have become globalised and open in ways that were unimaginable 20 years ago. These changes have brought new insight into research on innovation activities and specific innovation practices in organisations, including that previous research largely ignored small and medium-sized enterprises (SMEs). This paper tests a variance-based structural equation model (SEM) for selected antecedents and determinants of commercialisation enablers on a sample of 105 SMEs from Slovenia - a small, open, post-transition economy with a dominant SME sector. The main contribution of the paper lies in testing how two specific open innovation practices (open innovation information exchange and open innovation collaboration) impact the commercialisation enablers of high-tech SMEs through their innovation activities (antecedent) and their innovativeness (determinant). Both open innovation practices show statistically significant effect on high-tech SMEs' innovativeness, thus supporting the idea that both collaboration and information exchange lead to more innovativeness in high-tech SMEs. They also show a high impact of internal (organisational) factors on innovation activities of and a high impact of innovativeness on the commercialisation enablers of high-tech SMEs.
AbstractList Innovation activities have become globalised and open in ways that were unimaginable 20 years ago. These changes have brought new insight into research on innovation activities and specific innovation practices in organisations, including that previous research largely ignored small and medium-sized enterprises (SMEs). This paper tests a variance-based structural equation model (SEM) for selected antecedents and determinants of commercialisation enablers on a sample of 105 SMEs from Slovenia – a small, open, post-transition economy with a dominant SME sector. The main contribution of the paper lies in testing how two specific open innovation practices (open innovation information exchange and open innovation collaboration) impact the commercialisation enablers of high-tech SMEs through their innovation activities (antecedent) and their innovativeness (determinant). Both open innovation practices show statistically significant effect on high-tech SMEs’ innovativeness, thus supporting the idea that both collaboration and information exchange lead to more innovativeness in high-tech SMEs. They also show a high impact of internal (organisational) factors on innovation activities of and a high impact of innovativeness on the commercialisation enablers of high-tech SMEs.
Innovation activities have become globalised and open in ways that were unimaginable 20 years ago. These changes have brought new insight into research on innovation activities and specific innovation practices in organisations, including that previous research largely ignored small and medium-sized enterprises (SMEs). This paper tests a variance-based structural equation model (SEM) for selected antecedents and determinants of commercialisation enablers on a sample of 105 SMEs from Slovenia – a small, open, post-transition economy with a dominant SME sector. The main contribution of the paper lies in testing how two specific open innovation practices (open innovation information exchange and open innovation collaboration) impact the commercialisation enablers of high-tech SMEs through their innovation activities (antecedent) and their innovativeness (determinant). Both open innovation practices show statistically significant effect on high-tech SMEs’ innovativeness, thus supporting the idea that both collaboration and information exchange lead to more innovativeness in high-tech SMEs. They also show a high impact of internal (organisational) factors on innovation activities of and a high impact of innovativeness on the commercialisation enablers of high-tech SMEs.
Innovation activities have become globalised and open in ways that were unimaginable 20 years ago. These changes have brought new insight into research on innovation activities and specific innovation practices in organisations, including that previous research largely ignored small and medium-sized enterprises (SMEs). This paper tests a variance-based structural equation model (SEM) for selected antecedents and determinants of commercialisation enablers on a sample of 105 SMEs from Slovenia - a small, open, post-transition economy with a dominant SME sector. The main contribution of the paper lies in testing how two specific open innovation practices (open innovation information exchange and open innovation collaboration) impact the commercialisation enablers of high-tech SMEs through their innovation activities (antecedent) and their innovativeness (determinant). Both open innovation practices show statistically significant effect on high-tech SMEs' innovativeness, thus supporting the idea that both collaboration and information exchange lead to more innovativeness in high-tech SMEs. They also show a high impact of internal (organisational) factors on innovation activities of and a high impact of innovativeness on the commercialisation enablers of high-tech SMEs.
Author Rašković, Matevž
Pustovrh, Aleš
Martin, Sheila A.
Jaklič, Marko
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Copyright 2017 The Author(s). Published by Informa UK Limited, trading as Taylor & Francis Group 2017
2017 The Author(s). Published by Informa UK Limited, trading as Taylor & Francis Group
2017 The Author(s). Published by Informa UK Limited, trading as Taylor & Francis Group. This work is licensed under the Creative Commons Attribution License http://creativecommons.org/licenses/by/4.0/ (the “License”). Notwithstanding the ProQuest Terms and Conditions, you may use this content in accordance with the terms of the License.
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Snippet Innovation activities have become globalised and open in ways that were unimaginable 20 years ago. These changes have brought new insight into research on...
Innovation activities have become globalised and open in ways that were unimaginable 20 years ago. These changes have brought new insight into research on...
Innovation activities have become globalised and open in ways that were unimaginable 20 years ago. These changes have brought new insight into research on...
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SubjectTerms Antecedents
Collaboration
commercialisation enablers
Commercialization
Diffusion Processes, I24 Contracting Out
Economic theory
Globalization
High tech industries
High-tech SMEs
Information sharing
Innovations
Joint Ventures
O31Innovation and Invention:Processes and Incentives
O32 Management of Technological Innovation and R&D
O33 Technological Change: Choices and Consequences
open innovation practices
Slovenia
Small & medium sized enterprises-SME
Structural equation modeling
Technology Licensing
Transition economies
variance-based structural equation model
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Title Antecedents and determinants of high-tech SMEs' commercialisation enablers: opening the black box of open innovation practices
URI https://www.tandfonline.com/doi/abs/10.1080/1331677X.2017.1305795
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Volume 30
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