Understanding the Open Innovation Trends: An Exploratory Analysis of Breadth and Depth Decisions
Pilar Bernal,
Idana Salazar and
Pilar Vargas
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Pilar Bernal: Departamento de Dirección y Organización de Empresas, University of Zaragoza, 50005 Zaragoza, Spain
Idana Salazar: Departamento de Economía y Empresa, University of La Rioja, 26006 Logroño, Spain
Pilar Vargas: Departamento de Economía y Empresa, University of La Rioja, 26006 Logroño, Spain
Administrative Sciences, 2019, vol. 9, issue 4, 1-15
Abstract:
The study of firms’ decisions on open innovation has recently attracted the attention of scholars studying the process that firms follow from closed to open models. Extant research has acknowledged that firms tend toward open innovation models and has identified the optimum levels of breadth and depth of openness toward which firms should tend. Surprisingly, there is little evidence on how firms move toward open innovation and whether they follow scholars’ recommendations. In this paper, we investigate the adoption of the open innovation model, studying firms’ decisions on breadth and depth and switching behaviours over time. This paper provides a discussion of firms’ degree of openness and how firms structure and reassess their decisions on open innovation over time. This framework was applied to the Panel of Technological Innovation database that includes data on Spanish innovating firms for the period 2005–2013.
Keywords: open innovation; breadth; depth; innovation strategies (search for similar items in EconPapers)
JEL-codes: L M M0 M1 M10 M11 M12 M14 M15 M16 (search for similar items in EconPapers)
Date: 2019
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Citations: View citations in EconPapers (3)
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