A project-level approach to green open innovation

Lorena D'Agostino

No 12713393, Proceedings of Business and Management Conferences from International Institute of Social and Economic Sciences

Abstract: Innovation is a crucial dimension for the transition to a greener Europe, a process that has accelerated notably in the latest years. An open mode has been applied to those innovation that mitigate the impact of economic activities on the natural environment, which is green open innovation (GOI). This is approach is mainly driven by the importance of stakeholders and the specificity of environmental fields, which call for a greater role of the external collaboration in green innovation. Although the interest of management scholars and practitioners in GOI has increased enormously, the empirical GOI literature has overlooked a project-level approach. Firms may have heterogenous openness across different projects depending on the characteristics of the projects or the strategic objective of the firm. This paper contributes to GOI literature by investigating whether green projects are more open than non-green projects in terms of breadth and depth of knowledge sources. Based on a dataset of projects funded by Seventh European research framework, the results confirm the greater openness of environmental-related research projects. These results corroborate the necessity for managers to apply an open mode to green innovation, especially in highly competitive calls such as the European Union framework program.

Keywords: green open innovation; eco-innovation; sustainability; EU framework programs; FP7; projects; breadth; depth; openness. (search for similar items in EconPapers)
JEL-codes: M20 O32 Q56 (search for similar items in EconPapers)
Pages: 8 pages
Date: 2021-10
New Economics Papers: this item is included in nep-cse, nep-env, nep-ino, nep-ppm, nep-sbm and nep-tid
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Published in Proceedings of the Proceedings of the 12th Business & Management Conference, Prague, Oct 2021, pages 1-8

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Persistent link: https://EconPapers.repec.org/RePEc:sek:ibmpro:12713393

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