Determinants of Open Innovation and their Interrelations
Serhat Sag,
Bülent Sezen () and
Lütfihak Alpkan ()
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Serhat Sag: Gebze Technical University, Gebze, Turkey
Bülent Sezen: Gebze Technical University, Gebze, Turkey
Lütfihak Alpkan: #x2020;Istanbul Technical University, Istanbul, Turkey
International Journal of Innovation and Technology Management (IJITM), 2019, vol. 16, issue 04, 1-20
Abstract:
Based on an extensive literature review, this paper identifies nine erosion factors that lead to the birth of open innovation and discovers their interrelations by using Interpretive Structural Modeling (ISM). As a result, digital technologies and globalization emerged as major drivers. More interestingly, erosion factors proposed by leading open innovation scholars emerged as weak drivers, meaning that open innovation is driven by other factors. We argue that a better understanding of these factors and their interrelations provide valuable insights for managers and policy makers in emerging markets on facilitating the adoption of open innovation and promoting a more open business environment.
Keywords: Innovation; open innovation; Interpretive Structural Modeling (ISM); emerging economies (search for similar items in EconPapers)
Date: 2019
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Citations: View citations in EconPapers (3)
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Persistent link: https://EconPapers.repec.org/RePEc:wsi:ijitmx:v:16:y:2019:i:04:n:s0219877019400017
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DOI: 10.1142/S0219877019400017
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