Preventing open innovation failures: A managerial framework

Livio Cricelli, Roberto Mauriello and Serena Strazzullo

Technovation, 2023, vol. 127, issue C

Abstract: Open Innovation (OI) is an increasingly popular approach that companies adopt to remain competitive. However, the challenges and complexities entailed by the OI should not be underestimated. These could lead to OI failures and strong negative repercussions for the company. Despite this, literature on the causes of failure of OI is still in its infancy, and results are scattered and fragmented. In this study we perform a systematic bibliometric review of the literature on the causes of failure of OI, to analyse its evolution and to provide a framework to help managers understand and prevent OI failures. We identify ten categories of causes of OI failure to be included in a seven-components framework. This adopts the perspective of the firm and investigates both internal and external causes of failure. Internal components include strategy, business organization, knowledge and Intellectual Property (IP) management, management, and resources. External components discuss the causes of failure related to inter-firm collaboration and the influence of environmental factors. Finally, by leveraging the results of the review activity, we provide some interesting suggestions for future research.

Keywords: Open innovation; Open innovation failure; Managerial framework; Bibliometric analysis (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:techno:v:127:y:2023:i:c:s016649722300144x

DOI: 10.1016/j.technovation.2023.102833

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