 Open innovation deficiency: Evidence on project abandonment and delayKristof Van Criekingen, Mark Freel and Dirk Czarnitzki No 668283, Working Papers of Department of Management, Strategy and Innovation, Leuven from KU Leuven, Faculty of Economics and Business (FEB), Department of Management, Strategy and Innovation, Leuven Abstract: The concept of Open Innovation (OI) has breathed new life into both empirical research and industry practice concerned with distributed and collaborative modes of innovating. Certainly, the volume of OI research and its impact on practice has been remarkable. However, equally remarkable is the lack of balance. With few exceptions, the stories of OI are positive stories. A unbalanced focus on successes leads to open innovation imperatives and the conclusion that, for most firms, openness is good, and more openness is better. In this paper, we nuance this perception by empirically investigating the relationships between innovation openness and its effects on project abandonment and delays. Using survey data from Belgium, we find that open innovation strongly associates with an increased risk of both project abandonment and project delays. Keywords: Open innovation; collaboration; project abandonment (search for similar items in EconPapers) Published in FEB Research Report MSI_2101, pages 1-40 There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:ete:msiper:668283 Access Statistics for this paper More papers in Working Papers of Department of Management, Strategy and Innovation, Leuven from KU Leuven, Faculty of Economics and Business (FEB), Department of Management, Strategy and Innovation, Leuven |
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