Beyond absorptive capacity in open innovation process: the relationships between openness, capacities and firm performance.
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| Authors: | Ahn, Joon Mo1 (AUTHOR), Ju, Yonghan2 (AUTHOR), Moon, Tae Hee2 (AUTHOR), Minshall, Tim3 (AUTHOR), Probert, David3 (AUTHOR), Sohn, So Young2 (AUTHOR) sohns@yonsei.ac.kr, Mortara, Letizia3 (AUTHOR) |
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| Source: | Technology Analysis & Strategic Management. Oct2016, Vol. 28 Issue 9, p1009-1028. 20p. |
| Subject Terms: | *Organizational performance, *Absorptive capacity (Economics), *Open innovation, *Industrial management, Structural equation modeling |
| Abstract: | 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. [ABSTRACT FROM AUTHOR] |
| Database: | Entrepreneurial Studies Source |
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| Header | DbId: ent DbLabel: Entrepreneurial Studies Source An: 117745151 AccessLevel: 6 PubType: Academic Journal PubTypeId: academicJournal PreciseRelevancyScore: 0 |
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| Items | – Name: Author Label: Authors Group: Au Data: <searchLink fieldCode="AR" term="%22Ahn%2C+Joon+Mo%22">Ahn, Joon Mo</searchLink><relatesTo>1</relatesTo> (AUTHOR)<br /><searchLink fieldCode="AR" term="%22Ju%2C+Yonghan%22">Ju, Yonghan</searchLink><relatesTo>2</relatesTo> (AUTHOR)<br /><searchLink fieldCode="AR" term="%22Moon%2C+Tae+Hee%22">Moon, Tae Hee</searchLink><relatesTo>2</relatesTo> (AUTHOR)<br /><searchLink fieldCode="AR" term="%22Minshall%2C+Tim%22">Minshall, Tim</searchLink><relatesTo>3</relatesTo> (AUTHOR)<br /><searchLink fieldCode="AR" term="%22Probert%2C+David%22">Probert, David</searchLink><relatesTo>3</relatesTo> (AUTHOR)<br /><searchLink fieldCode="AR" term="%22Sohn%2C+So+Young%22">Sohn, So Young</searchLink><relatesTo>2</relatesTo> (AUTHOR)<i> sohns@yonsei.ac.kr</i><br /><searchLink fieldCode="AR" term="%22Mortara%2C+Letizia%22">Mortara, Letizia</searchLink><relatesTo>3</relatesTo> (AUTHOR) – Name: TitleSource Label: Source Group: Src Data: <searchLink fieldCode="JN" term="%22Technology+Analysis+%26+Strategic+Management%22">Technology Analysis & Strategic Management</searchLink>. Oct2016, Vol. 28 Issue 9, p1009-1028. 20p. – Name: Subject Label: Subject Terms Group: Su Data: *<searchLink fieldCode="DE" term="%22Organizational+performance%22">Organizational performance</searchLink><br />*<searchLink fieldCode="DE" term="%22Absorptive+capacity+%28Economics%29%22">Absorptive capacity (Economics)</searchLink><br />*<searchLink fieldCode="DE" term="%22Open+innovation%22">Open innovation</searchLink><br />*<searchLink fieldCode="DE" term="%22Industrial+management%22">Industrial management</searchLink><br /><searchLink fieldCode="DE" term="%22Structural+equation+modeling%22">Structural equation modeling</searchLink> – Name: Abstract Label: Abstract Group: Ab Data: 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. [ABSTRACT FROM AUTHOR] |
| PLink | https://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=ent&AN=117745151 |
| RecordInfo | BibRecord: BibEntity: Identifiers: – Type: doi Value: 10.1080/09537325.2016.1181737 Languages: – Code: eng Text: English PhysicalDescription: Pagination: PageCount: 20 StartPage: 1009 Subjects: – SubjectFull: Organizational performance Type: general – SubjectFull: Absorptive capacity (Economics) Type: general – SubjectFull: Open innovation Type: general – SubjectFull: Industrial management Type: general – SubjectFull: Structural equation modeling Type: general Titles: – TitleFull: Beyond absorptive capacity in open innovation process: the relationships between openness, capacities and firm performance. Type: main BibRelationships: HasContributorRelationships: – PersonEntity: Name: NameFull: Ahn, Joon Mo – PersonEntity: Name: NameFull: Ju, Yonghan – PersonEntity: Name: NameFull: Moon, Tae Hee – PersonEntity: Name: NameFull: Minshall, Tim – PersonEntity: Name: NameFull: Probert, David – PersonEntity: Name: NameFull: Sohn, So Young – PersonEntity: Name: NameFull: Mortara, Letizia IsPartOfRelationships: – BibEntity: Dates: – D: 01 M: 10 Text: Oct2016 Type: published Y: 2016 Identifiers: – Type: issn-print Value: 09537325 Numbering: – Type: volume Value: 28 – Type: issue Value: 9 Titles: – TitleFull: Technology Analysis & Strategic Management Type: main |
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