Open innovation activities and network competence as drivers of SME performance

The paradigm of open innovation has sparked increasing scholarly interest. However, the concept has largely been studied from the perspective of large, technology-based MNCs. Therefore, there is a need for deeper understanding of the potential of open innovation practices for SMEs in overcoming thei...

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Bibliographic Details
Published inISPIM Conference Proceedings p. 1
Main Author Hyslop, Katie
Format Conference Proceeding
LanguageEnglish
Published Manchester The International Society for Professional Innovation Management (ISPIM) 01.01.2016
Subjects
Alliances
Competition
Competitive advantage
Cooperation
Hypotheses
Knowledge
Liability
Questionnaires
R&D
Research & development
Small & medium sized enterprises-SME
Studies
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Summary:The paradigm of open innovation has sparked increasing scholarly interest. However, the concept has largely been studied from the perspective of large, technology-based MNCs. Therefore, there is a need for deeper understanding of the potential of open innovation practices for SMEs in overcoming their liability of smallness. In particular, there is need for more empirical investigations of SME innovation performance as a function of open innovation implementation; as well as the competencies required for its successful execution. From this background, this proposed, quantitative study aims to answer the following research question: What is the role of network competence and open innovation practices in explaining the innovation performance of European SMEs?