Authors: Kuang-Peng Hung, Yun-Hwa Chiang
Addresses: Department of Business Administration, Ming Chuan University, 250, Sec. 5, Chung Shan N. Rd., Taipei 111, Taiwan. ' Department of Business Administration, Ming Chuan University, 250, Sec. 5, Chung Shan N. Rd., Taipei 111, Taiwan
Abstract: We explore the relationship between firm performance and its strategic orientation in adopting an open-approach to innovation. Based on the description of previous author, we develop a multi-item construct to measure firm-level open innovation proclivity. Open innovation proclivity assesses the company|s inclination to utilise external ideas to complement its business model to profit from innovations. This construct also measures the firm|s tendency to sell its intellectual property to outsiders to profit from others| innovation efforts. Collecting survey data from multiple respondents with time lag from 122 Taiwanese electronic-product manufacturers, we find Taiwanese electronic companies| proclivity to open innovation relates positively to managers| perceived firm performance. We also find the entrepreneurial orientation of these companies positively moderates the relationship between open innovation proclivity and firm performance.
Keywords: open innovation proclivity; entrepreneurial orientation; firm performance; entrepreneurship; Taiwan; electronic products; electronics manufacturing.
International Journal of Technology Management, 2010 Vol.52 No.3/4, pp.257 - 274
Published online: 11 Oct 2010 *Full-text access for editors Access for subscribers Purchase this article Comment on this article