Open innovation (OI) projects are increasingly adopted by small- and medium-sized enterprises (SMEs). Yet, undertaking OI is not only a source of opportunities for SMEs as it can, at the same time, present risks. How SMEs manage the balance between the potential benefits and the emerging challenges of OI is still an overlooked topic in the literature. Using evidence gathered through multiple case studies and drawing upon the relational view of the firm, we explore how and why value creation opportunities and different managerial challenges emerge for SMEs pursuing OI projects. We analyze different stages of OI projects in several different contexts of their implementation. Our analysis sheds light on the different nature and dynamics of knowledge involved within OI projects as important boundary conditions affecting successful search paths, learning processes, and the development of appropriability mechanisms. By offering a contextualized view of OI in SMEs, this study also provides insights to business managers on the situational opportunities and constraints of OI, including managerial suggestions on actions to manage tensions within differing OI projects.

Is Open Innovation always the best for SMEs? An explorative analysis at the project level

Cristina Marullo
Writing – Original Draft Preparation
;
Alberto Di Minin
Supervision
;
Chiara De Marco
Membro del Collaboration Group
;
Andrea Piccaluga
Writing – Review & Editing
2020-01-01

Abstract

Open innovation (OI) projects are increasingly adopted by small- and medium-sized enterprises (SMEs). Yet, undertaking OI is not only a source of opportunities for SMEs as it can, at the same time, present risks. How SMEs manage the balance between the potential benefits and the emerging challenges of OI is still an overlooked topic in the literature. Using evidence gathered through multiple case studies and drawing upon the relational view of the firm, we explore how and why value creation opportunities and different managerial challenges emerge for SMEs pursuing OI projects. We analyze different stages of OI projects in several different contexts of their implementation. Our analysis sheds light on the different nature and dynamics of knowledge involved within OI projects as important boundary conditions affecting successful search paths, learning processes, and the development of appropriability mechanisms. By offering a contextualized view of OI in SMEs, this study also provides insights to business managers on the situational opportunities and constraints of OI, including managerial suggestions on actions to manage tensions within differing OI projects.
2020
File in questo prodotto:
File Dimensione Formato  
caim12375.pdf

non disponibili

Descrizione: Documento in post print
Tipologia: Documento in Post-print/Accepted manuscript
Licenza: Licenza non conosciuta
Dimensione 480.76 kB
Formato Adobe PDF
480.76 kB Adobe PDF   Visualizza/Apri   Richiedi una copia

I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.

Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11382/533131
 Attenzione

Attenzione! I dati visualizzati non sono stati sottoposti a validazione da parte dell'ateneo

Citazioni
  • ???jsp.display-item.citation.pmc??? ND
  • Scopus 38
social impact