Open Innovation Approach for Small and Medium Enterprises: An Evidence from Indian Software Product Firms

Sumukh Hungund () and K. B. Kiran ()
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Sumukh Hungund: Manipal Institute of Technology
K. B. Kiran: National Institute of Technology

Chapter Chapter 11 in In Search of Business Models in Social Entrepreneurship, 2021, pp 233-252 from Springer

Abstract: Abstract The paper provides insights on open innovation practices adopted across the Indian software product Small and Medium Enterprises (SMEs). It explores the open innovation practices adopted by software product SMEs and the influence of these practices on the performance of the firm. The software product firms located in Bangalore are selected for the study. The framework developed is empirically tested on a sample of 213 software product companies located in Bangalore region. The results suggest that collaboration practices of open innovation are widely adopted. Also, the open innovation model helps the firm to improve its overall performance and develop more products.

Keywords: Firm performance; Collaborations; IPR; Spin-offs; And software product; Open innovation; Small and medium business and software industry (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-16-0390-7_11

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DOI: 10.1007/978-981-16-0390-7_11

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