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Open innovation in small and medium-sized enterprises: An overview

Lookup NU author(s): Professor Pooran Wynarczyk, Dr Panagiotis Piperopoulos

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Abstract

This introduction provides the foundation and background for a special issue on open innovation. Since the beginning of the 21st century, innovation has evolved from being the artefact of an individual or internal process within firms, to an interactive process between firms and/or in collaboration with knowledge-creating institutions at both the domestic and global levels. The open innovation model suggests that firms should combine external and internal ideas and technologies as effective pathways to market when advancing and commercialising technologies. However, existing research focuses mainly on high-technology multi-national firms, hence theoretically driven and empirically-based research exploring open innovation in small and medium-sized enterprises remains relatively scarce. The special issue offers a critical contribution to this gap by including four articles which explore differing aspects of open innovation within smaller firms. The introduction commences with an overview of the relevant literature; it then describes the articles and finally, suggests potential avenues for future research.


Publication metadata

Author(s): Wynarczyk P, Piperopoulos P, McAdam M

Publication type: Article

Publication status: Published

Journal: International Small Business Journal

Year: 2013

Volume: 31

Issue: 3

Pages: 240-255

Print publication date: 13/01/2013

ISSN (print): 0266-2426

ISSN (electronic): 1741-2870

Publisher: Sage Publications Ltd.

URL: http://dx.doi.org/10.1177/0266242612472214

DOI: 10.1177/0266242612472214


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