CUED Publications database

Beyond absorptive capacity in open innovation process: the relationships between openness, capacities and firm performance

Ahn, JM and Ju, Y and Moon, TH and Minshall, T and Probert, D and Sohn, SY and Mortara, L (2016) Beyond absorptive capacity in open innovation process: the relationships between openness, capacities and firm performance. Technology Analysis and Strategic Management, 28. pp. 1009-1028.

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Abstract

© 2016 Informa UK Limited, trading as Taylor & Francis Group.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.

Item Type: Article
Subjects: UNSPECIFIED
Divisions: Div E > Strategy and Policy
Depositing User: Cron Job
Date Deposited: 17 Jul 2017 19:34
Last Modified: 23 Nov 2017 03:32
DOI: