The effects of open innovation activity on performance of SMEs: the case of Korea Online publication date: Mon, 11-Oct-2010
by Hyukjoon Kim, Yongtae Park
International Journal of Technology Management (IJTM), Vol. 52, No. 3/4, 2010
Abstract: Most previous successful open innovation cases originated from large enterprises that have the ability to invest heavily in research and development (R&D) and to generate many new ventures. Conversely, we find only very few successful case studies of small and medium-sized enterprises (SMEs). The difference in the number of cases makes us doubt the appropriateness of open innovation strategy for SMEs. In order to show the relevance of open innovation for SMEs, the current study analyses the impact of external activities related to open innovation on innovation output by means of a logistic regression and compares the results with those of large enterprises. Further investigation was done to assess the relative impact of the external activities by means of a Bayesian network method. In conclusion, the empirical analysis shows that not all open innovation activities of SMEs have a positive effect on their innovation output.
Online publication date: Mon, 11-Oct-2010
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Technology Management (IJTM):
Login with your Inderscience username and password:
Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.
If you still need assistance, please email email@example.com