Abstract
The literature has shown that open innovation (OI) can be a winning strategy in improving firm performance. However, in order to adopt and implement it, managers need to resolve practical problems, such as understanding the role played by OI capacities and openness on firm performance. In response to these needs, this study aims to investigate the hierarchical relationships between openness, OI capacities and performance using a structural equation model approach. This paper also attempts to compare the levels of openness between firms in different industries to discover similarities and differences in OI phenomena. The analysis of data obtained from a survey of Korean firms shows significant interrelations between openness, OI capacities and firm performance. Our results go further in developing understanding of the building blocks on which successful OI is built and particularly suggest that desorptive capacity which underpins the out-bound OI process, is in turn strongly supported by knowledge management capacity. It is hoped that the results of this study can enrich our understanding of the OI mechanism and provide managerial and policy implications.
| Original language | English |
|---|---|
| Pages (from-to) | 1009-1028 |
| Number of pages | 20 |
| Journal | Technology Analysis and Strategic Management |
| Volume | 28 |
| Issue number | 9 |
| DOIs | |
| Publication status | Published - 2016 Oct 20 |
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All Science Journal Classification (ASJC) codes
- Strategy and Management
- Management Science and Operations Research
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Beyond absorptive capacity in open innovation process : the relationships between openness, capacities and firm performance. / Ahn, Joon Mo; Ju, Yonghan; Moon, Tae Hee; Minshall, Tim; Probert, David; Sohn, So Young; Mortara, Letizia.
In: Technology Analysis and Strategic Management, Vol. 28, No. 9, 20.10.2016, p. 1009-1028.Research output: Contribution to journal › Article
TY - JOUR
T1 - Beyond absorptive capacity in open innovation process
T2 - the relationships between openness, capacities and firm performance
AU - Ahn, Joon Mo
AU - Ju, Yonghan
AU - Moon, Tae Hee
AU - Minshall, Tim
AU - Probert, David
AU - Sohn, So Young
AU - Mortara, Letizia
PY - 2016/10/20
Y1 - 2016/10/20
N2 - The literature has shown that open innovation (OI) can be a winning strategy in improving firm performance. However, in order to adopt and implement it, managers need to resolve practical problems, such as understanding the role played by OI capacities and openness on firm performance. In response to these needs, this study aims to investigate the hierarchical relationships between openness, OI capacities and performance using a structural equation model approach. This paper also attempts to compare the levels of openness between firms in different industries to discover similarities and differences in OI phenomena. The analysis of data obtained from a survey of Korean firms shows significant interrelations between openness, OI capacities and firm performance. Our results go further in developing understanding of the building blocks on which successful OI is built and particularly suggest that desorptive capacity which underpins the out-bound OI process, is in turn strongly supported by knowledge management capacity. It is hoped that the results of this study can enrich our understanding of the OI mechanism and provide managerial and policy implications.
AB - The literature has shown that open innovation (OI) can be a winning strategy in improving firm performance. However, in order to adopt and implement it, managers need to resolve practical problems, such as understanding the role played by OI capacities and openness on firm performance. In response to these needs, this study aims to investigate the hierarchical relationships between openness, OI capacities and performance using a structural equation model approach. This paper also attempts to compare the levels of openness between firms in different industries to discover similarities and differences in OI phenomena. The analysis of data obtained from a survey of Korean firms shows significant interrelations between openness, OI capacities and firm performance. Our results go further in developing understanding of the building blocks on which successful OI is built and particularly suggest that desorptive capacity which underpins the out-bound OI process, is in turn strongly supported by knowledge management capacity. It is hoped that the results of this study can enrich our understanding of the OI mechanism and provide managerial and policy implications.
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UR - http://www.scopus.com/inward/citedby.url?scp=84969221098&partnerID=8YFLogxK
U2 - 10.1080/09537325.2016.1181737
DO - 10.1080/09537325.2016.1181737
M3 - Article
AN - SCOPUS:84969221098
VL - 28
SP - 1009
EP - 1028
JO - Technology Analysis and Strategic Management
JF - Technology Analysis and Strategic Management
SN - 0953-7325
IS - 9
ER -