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Open Innovation and Market Orientation: An Analysis of the Relationship

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  • Elisa Arrigo

    (University of Milan-Bicocca)

Abstract

Open innovation has become an emergent topic in innovation management founded on the assumption that the development of innovative processes may lie outside the companies’ boundaries. In particular, this paper has pursued to address one gap in existing research on open innovation, namely the investigation of its relationship with market orientation that promotes continual processes of innovation leading to higher customer value. Findings have shown how market-driven companies tend to overcome the classical view on relying innovation on internal Research & Development departments in order to become more permeable to the outside environment. In fact, market-driven companies develop distinctive outside-in, inside-out, and spanning capabilities that encourage the matching and integration of internal resources with external partners and open innovation emerges as an essential driver to preserve and improve their competitiveness.

Suggested Citation

  • Elisa Arrigo, 2018. "Open Innovation and Market Orientation: An Analysis of the Relationship," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 9(1), pages 150-161, March.
    • Handle: RePEc:spr:jknowl:v:9:y:2018:i:1:d:10.1007_s13132-015-0327-7
    DOI: 10.1007/s13132-015-0327-7
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    References listed on IDEAS

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    Cited by:

    1. Gennaro Strazzullo & William J. Ion & Jillian MacBryde, 2022. "An Investigation of the Translational Asset: A Proposed Classification," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 13(4), pages 3123-3149, December.
    2. Francesca Iandolo & Francesca Loia & Irene Fulco & Chiara Nespoli & Francesco Caputo, 2021. "Combining Big Data and Artificial Intelligence for Managing Collective Knowledge in Unpredictable Environment—Insights from the Chinese Case in Facing COVID-19," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 12(4), pages 1982-1996, December.

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