Open Innovation in Small and Medium‐Sized Enterprises (SMEs): External Knowledge Sourcing Strategies and Internal Organizational Facilitators
Sabine Brunswicker and
Wim Vanhaverbeke
Journal of Small Business Management, 2015, vol. 53, issue 4, 1241-1263
Abstract:
In this paper we explore how small and medium‐sized enterprises () engage in external knowledge sourcing, a form of inbound open innovation. We draw upon a sample of 1,411 and empirically conceptualize a typology of strategic types of external knowledge sourcing, namely minimal, supply‐chain, technology‐oriented, application‐oriented, and full‐scope sourcing. Each strategy reflects the nature of external interactions and is linked to a distinct mixture of four internal practices for managing innovation. Both full‐scope and application‐oriented sourcing offer performance benefits and are associated with a stronger focus on managing innovation. However, they differ in their managerial focus on strategic and operational aspects.
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:taf:ujbmxx:v:53:y:2015:i:4:p:1241-1263
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DOI: 10.1111/jsbm.12120
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