The DOI matches its Crossref record; 2 of the 2 references it cites were found in a registry or an index.
Outbound open innovation and its effect on firm performance: examining environmental influences
Abstract
Firms may open up their innovation processes on two dimensions. While inbound open innovation refers to the acquisition of external technology in open exploration processes, outbound open innovation describes the outward transfer of technology in open exploitation processes. Prior open innovation research has focused on the inbound dimension, whereas the outbound dimension has been relatively neglected. Therefore, this article addresses the relationship between outbound open R&D strategies and firm performance. We use data from 136 industrial firms to test four hypotheses on the moderating effects of environmental factors in the relationship between open innovation strategies and firm performance. The results show that the degree of technological turbulence, the transaction rate in technology markets, and the competitive intensity in technology markets strengthen the positive effects of outbound open innovation on firm performance. By contrast, the degree of patent protection does not facilitate successful open innovation. The results are crucially important to managers because they show under what environmental conditions open innovation strategies enhance performance.
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Cites
Exploration and Exploitation in Organizational Learning
March, J. G. (1991) · Organization Science · doi:10.1287/orsc.2.1.71 · Cited by 21,942
Challenges of open innovation: the paradox of firm investment in open-source software
West, J., & Gallagher, S. (2006) · R and D Management · doi:10.1111/j.1467-9310.2006.00436.x · Cited by 1,136
Cited by
When Is Open Innovation Beneficial? The Role of Strategic Orientation
Cheng, C. C. J., & Huizingh, E. K. R. E. (2014) · Journal of Product Innovation Management · doi:10.1111/jpim.12148 · Cited by 485
Gronum, S., Verreynne, M.-L., & Kastelle, T. (2012) · Journal of Small Business Management · doi:10.1111/j.1540-627x.2012.00353.x · Cited by 459
Santoro, G., Bresciani, S., & Papa, A. (2020) · Technovation · doi:10.1016/j.technovation.2018.06.003 · Cited by 363
Naqshbandi, M. M., & Tabche, I. (2018) · Technological Forecasting and Social Change · doi:10.1016/j.techfore.2018.03.017 · Cited by 308
How do large multinational companies implement open innovation?
Mortara, L., & Minshall, T. (2011) · Technovation · doi:10.1016/j.technovation.2011.05.002 · Cited by 301
Metadata
- Authors
- Lichtenthaler, U.
- Venue
- R&D Management
- Publisher
- Wiley
- Published
- 2009-08-04
- Volume
- 39
- Issue
- 4
- Pages
- 317-330
- ISSN
- 0033-6807 (ISSN-L)
- 1467-9310
- OpenAlex
- W2092625738
- Cited by
- 456
- References
- 2
- FWCI
- 65.51
- Type
- journal article
- Language
- en
- Open access
- closed
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Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
