The influence of open innovation practices on business performance in Mexican family and non-family SMEs

Marisela-Yazmín García-Vidales (), Gonzalo Maldonado-Guzmán () and Sandra-Yesenia Pinzón-Castro ()

Estudios Gerenciales, 2019, vol. 35, issue 153, 370-378

Abstract: Open innovation has emerged as a topic of great importance due to the recognized benefits that it brings to the company's business performance; however, it has been sparsely addressed in SMEs from developing countries. Therefore, this study aims to analyze and discuss the relationship between open innovation and business performance in family and non-family SMEs in Mexico. A survey-based study was carried out on a sample of 308 firms. Following this, the data was analyzed through a structural equation model. The results show that for these companies, the outflow and especially the inflow of external knowledge exert a positive influence on business performance

Keywords: open innovation; inbound; outbound; business performance; family firms; non-family firms (search for similar items in EconPapers)
JEL-codes: O31 O32 (search for similar items in EconPapers)
Date: 2019
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Citations: View citations in EconPapers (1)

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