 European SMEs’ engagement in open innovation When the important thing is to win and not just to participate, what should innovation policy do?Chiara Eleonora De Marco, Irene Martelli and Alberto Di Minin Technological Forecasting and Social Change, 2020, vol. 152, issue C Abstract: This exploratory study proposes an original methodology to operationalize and signal SMEs’ engagement in challenging dimensions of implementing Open Innovation. We verify whether the European SME Instrument is achieving its goal of providing public funds to the best SMEs in Europe, the ‘EU Innovation Champions’. We test our methodology on a sample of SMEs operating in the digital sector. We found that the SMEs awarded the grants are less engaged in the challenging dimensions of Open Innovation than companies that did not receive any funding. This is contrary to the intended goals of the grants. We provide policy and methodological implications relevant for the design of better OI-informed policy and the more effective evaluation of companies participating in the SME Instrument. Keywords: Open innovation; Innovation policy; SMEs; SME Instrument (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:eee:tefoso:v:152:y:2020:i:c:s0040162518315476 DOI: 10.1016/j.techfore.2019.119843 Access Statistics for this article Technological Forecasting and Social Change is currently edited by Fred Phillips More articles in Technological Forecasting and Social Change from Elsevier |
Is your work missing from RePEc? Here is how to contribute.
Questions or problems? Check the EconPapers FAQ or send mail to .
EconPapers is hosted by the
School of Business at Örebro University.