Entrepreneurship and Open Innovation in Spanish Manufacturing Firms

Francisco de Borja Trujillo-Ruiz (), Jose Luis Hervás-Oliver and Marta Peris-Ortiz
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Francisco de Borja Trujillo-Ruiz: Universitat Politècnica de València
Jose Luis Hervás-Oliver: Universitat Politècnica de València
Marta Peris-Ortiz: Universitat Politècnica de València

Chapter Chapter 18 in New Challenges in Entrepreneurship and Finance, 2015, pp 247-257 from Springer

Abstract: Abstract By examining firms’ internal and external knowledge sources, this paper explains how external knowledge sources influence firms’ production and process innovation output. In other words, this chapter presents analysis of how open innovation (inbound) activities are innovation drivers. This paper presents results of a study that took place in low- and medium-tech (LMT) sectors, principally consisting of SMEs. The paper also explores key variables that determine innovation performance of both R&D and non-R&D innovators. Panel data spanning 4 years (2003–2006) was used for this analysis. This yielded dynamic results, offering an original contribution to discussions on entrepreneurship-driven innovation management. Results also reveal the role of external knowledge sources. Empirical analysis was based on a representative panel of 1,145 Spanish manufacturing firms. Data came from the Spanish Ministry of Industry.

Keywords: Process Innovation; Open Innovation; Absorptive Capacity; Innovation Output; International Standard Industrial Classification (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-319-08888-4_18

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DOI: 10.1007/978-3-319-08888-4_18

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