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Study on the Open Innovation Practices in Romanian Smes

Author

Listed:
  • Marieta Olaru

    (Bucharest University of Economic Studies)

  • Vasile Dinu

    (Bucharest University of Economic Studies)

  • Timo Keppler

    (Bucharest University of Economic Studies)

  • Bogdan Mocan

    (Universitatea Tehnica din Cluj-Napoca,)

Abstract

This paper highlights some of the results of the study carried out by the authors within the research project “Integrated system for innovation management in SMEs”, code PN-II-PT-PCCA-2013-4-1319, under way at the Business Administration Research Centre of the Bucharest University of Economic Studies. The objective aimed at was to show the progress made by Romanian SMEs in adopting the open innovation principles. In order to reach this objective, the authors analysed the available statistical data for the period 2002-2012 concerning the trend of the SMEs’ weight in the total innovation businesses compared to the weight of the large companies, the trend of the number of innovation projects started but unfinished or abandoned, and the trend of the ratio between the weight of the expenses on internal innovation activities and the expenses on external innovation activities for these businesses. The performed study highlighted the fact that within the analysed period, the weight of innovative SMEs in the total SMEs doubled. Within the same period of time the number of Romanian SMEs that initiated research-development-innovation projects unfinished and/or abandoned went up significantly, which proves that the initiatives of these businesses in developing ever more complex and riskier research projects multiplied. Under these circumstances, the authors’ opinion is that focus is needed on external innovation sources that are typical to open innovation, with an important role in enhancing the performance of the innovation process.

Suggested Citation

  • Marieta Olaru & Vasile Dinu & Timo Keppler & Bogdan Mocan, 2015. "Study on the Open Innovation Practices in Romanian Smes," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 17(Special 9), pages 1129-1129, November.
    • Handle: RePEc:aes:amfeco:v:special9:y:2015:i:17:p:1129
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    References listed on IDEAS

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    Cited by:

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    2. Ioana Maria Popescu (Iacobescu) & Rodica Pamfilie & Stelian Olaru, 2023. "Commonalities and Dissimilarities in the Process of Innovation Management. A Comparable Perspective Based on Business Size," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 762-767, August.
    3. Tetiana Ivanova, 2020. "Management of Green Procurement in Small and Medium-Sized Manufacturing Enterprises in Developing Economies," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 22(53), pages 121-121, February.
    4. Sebastian Ion Ceptureanu & Eduard Gabriel Ceptureanu & Marieta Olaru & Liviu Bogdan Vlad, 2018. "An Exploratory Study on Coopetitive Behavior in Oil and Gas Distribution," Energies, MDPI, vol. 11(5), pages 1-18, May.
    5. Omar Carrasco-Carvajal & Mauricio Castillo-Vergara & Domingo García-Pérez-de-Lema, 2023. "Measuring open innovation in SMEs: an overview of current research," Review of Managerial Science, Springer, vol. 17(2), pages 397-442, February.
    6. Lingyan Meng & Md Qamruzzaman & Anass Hamad Elneel Adow, 2021. "Technological Adaption and Open Innovation in SMEs: An Strategic Assessment for Women-Owned SMEs Sustainability in Bangladesh," Sustainability, MDPI, vol. 13(5), pages 1-22, March.
    7. Dorin Maier & Mihaela Maftei & Andreea Maier & Gabriela Elena Bitan, 2019. "A Review of Product Innovation Management Literature in the Context of Organization Sustainable Development," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 21(S13), pages 816-816, November.
    8. Ramin Bashir Khodaparasti & Hooshmand Bagheri Garabollagh & Reza Mohammadpour, 2020. "Engagement in Green Procurement: Antecedents and Outcomes on Manufacturing Small and Medium-Sized Enterprises from Iran," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 22(53), pages 102-102, February.
    9. Daniel Rusu, 2021. "The Performance Of Sme Innovation Determined By The Technological Capability And Collaboration," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 6, pages 135-148, December.

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    More about this item

    Keywords

    innovation; R&D; open innovation; SMEs; Romania;
    All these keywords.

    JEL classification:

    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D

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