AN OVERVIEW OF BENEFITS AND RISKS IN OPEN INNOVATION PROJECTS AND THE INFLUENCE OF INTERMEDIARY PARTICIPATION, DECISION-MAKING AUTHORITY, EXPERIENCE, AND POSITION ON THEIR PERCEPTION

Andr㉠Ullrich, Gergana Vladova (), Danny Marquart (), Andreas Braun () and Norbert Gronau ()
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Andr㉠Ullrich: Department of Business Informatics, University of Potsdam, Potsdam, Germany
Gergana Vladova: Department of Business Informatics, University of Potsdam, Potsdam, Germany
Danny Marquart: Business School Berlin, Berlin, Germany
Andreas Braun: Business School Berlin, Berlin, Germany
Norbert Gronau: Department of Business Informatics, University of Potsdam, Potsdam, Germany

International Journal of Innovation Management (ijim), 2022, vol. 26, issue 02, 1-41

Abstract: This paper presents an exploratory study investigating the influence of the factors (1) intermediary participation, (2) decision-making authority, (3) position in the enterprise, and (4) experience in open innovation on the perception and assessment of the benefits and risks expected from participating in open innovation projects. For this purpose, an online survey was conducted in Germany, Austria and Switzerland. The result of this paper is an empirical evidence showing whether and how these factors affect the perception of potential benefits and risks expected within the context of open innovation project participation. Furthermore, the identified effects are discussed against the theory. Existing theory regarding the benefits and risks of open innovation is expanded by (1) finding that they are perceived mostly independently of the factors, (2) confirming the practical relevance of benefits and risks, and (3) enabling a finer distinction between their degrees of relevance according to respective contextual specifics.

Keywords: Open innovation; intermediaries; benefits; decision-making; experience; risks (search for similar items in EconPapers)
Date: 2022
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DOI: 10.1142/S1363919622500128

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