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Open innovation in Russia: productivity and industry effect

Author

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  • Daria Podmetina
  • Irina Savitskaya
  • Juha Väätänen

Abstract

Innovation and R%D are important for productivity and competitiveness. Hence, open innovation framework still lacks empirical evidence on how openness influences the productivity. Companies from emerging economies need to boost their innovation output in order to increase the competitiveness and productivity to stand the turbulent environment. To fill in the existing research gap, this paper analyses the differences in productivity in companies implementing open innovation practices, following traditional approach to innovation and combining these strategies. The results of the analysis show the significant positive effect of open innovation implementation on productivity: companies with inbound and outbound open innovation have the highest productivity and the highest productivity growth.

Suggested Citation

  • Daria Podmetina & Irina Savitskaya & Juha Väätänen, 2012. "Open innovation in Russia: productivity and industry effect," International Journal of Transitions and Innovation Systems, Inderscience Enterprises Ltd, vol. 2(2), pages 151-168.
    • Handle: RePEc:ids:ijtisy:v:2:y:2012:i:2:p:151-168
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    Cited by:

    1. Pavel Baboshkin & Alexey Mikhaylov & Zaffar Ahmed Shaikh, 2022. "Sustainable Cryptocurrency Growth Impossible? Impact of Network Power Demand on Bitcoin Price," Finansovyj žhurnal — Financial Journal, Financial Research Institute, Moscow 125375, Russia, issue 3, pages 116-130, June.

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