Abstract
This paper responds to recent calls for deeper research into failed open innovation (OI) strategies and the contingencies that impede OI adoption. A firm’s willingness to open up its innovation process has been linked to performance benefits and faster product development cycles; however, research on the contingencies that facilitate and impede openness is still required. This paper aims to explore the adoption of open innovation business models in north east-based manufacturing SMEs. This study is based on data gathered from the initial stages of a PhD programme, and based on 10 semi-structured interviews with managers and lead engineers/designers, within 5 manufacturing firms employing 10 to 250 staff. Initial results indicate reasons for the failure of the open innovation paradigm to successfully permeate into one of the UK’s key industry sectors.
Original language | English |
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Publication status | Published - Sept 2014 |
Event | British Academy of Management (BAM) Conference - Belfast Duration: 9 Sept 2014 → … http://https://www.bam.ac.uk/civicrm/event/info?id=1971&reset=1&utm_source=conference-alerts-web&utm_medium=online-advert&utm_campaign=bam2014 |
Conference
Conference | British Academy of Management (BAM) Conference |
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Period | 9/09/14 → … |
Internet address |