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Inbound Open Innovation Activities in High‐Tech SMEs: The Impact on Innovation Performance

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  • Vinit Parida
  • Mats Westerberg
  • Johan Frishammar

Abstract

Prior studies suggest that open innovation activities positively influence innovation outcomes in large firms. However, few studies have investigated the implications of small and medium‐sized enterprises’ (SMEs) adoption of open innovation. We address this research gap by investigating the effects of four inbound open innovation activities on innovation performance of SMEs. In doing so, we draw on data from 252 high‐tech SMEs. Our results reveal that different open innovation activities are beneficial for different innovation outcomes. For instance, technology sourcing is linked to radical innovation performance, whereas technology scouting is linked to incremental innovation performance. These findings hold several important theoretical and practical implications.

Suggested Citation

  • Vinit Parida & Mats Westerberg & Johan Frishammar, 2012. "Inbound Open Innovation Activities in High‐Tech SMEs: The Impact on Innovation Performance," Journal of Small Business Management, Taylor & Francis Journals, vol. 50(2), pages 283-309, April.
  • Handle: RePEc:taf:ujbmxx:v:50:y:2012:i:2:p:283-309
    DOI: 10.1111/j.1540-627X.2012.00354.x
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    Cited by:

    1. Mohammad Jamal Khan & Sahrish Ahmad & Hasliza Abdul Halim & Noor Hazlina Ahmad, 2022. "The Effect of Service Innovation Orientation and Open Innovation on Innovation Performance of Medium and Small Private Hospitals in India," SAGE Open, , vol. 12(3), pages 21582440221, August.
    2. Tali-Noy Hindi & Amnon Frenkel, 2022. "The contribution of collaboration to the development of sustainable innovation in high-tech companies," Journal of Innovation and Entrepreneurship, Springer, vol. 11(1), pages 1-20, December.
    3. Barrett, Gillian & Tsekouras, George, 2022. "A tango with a gorilla: An exploration of the microfoundations of open innovation partnerships between young innovative companies and multi-national enterprises," Technovation, Elsevier, vol. 117(C).
    4. Livieratos, Antonios D. & Tsekouras, George & Vanhaverbeke, Wim & Angelakis, Antonios, 2022. "Open Innovation moves in SMEs: How European SMEs place their bets?," Technovation, Elsevier, vol. 117(C).
    5. Nicola Del Sarto & Giulio Ferrigno & Vinit Parida & Alberto Minin, 2023. "Do start-ups benefit from coworking spaces? An empirical analysis of accelerators’ programs," Review of Managerial Science, Springer, vol. 17(7), pages 2471-2502, October.
    6. Wilson, Grant Alexander & Case, Tyler & Dobni, C. Brooke, 2023. "A global study of innovation-oriented firms: Dimensions, practices, and performance," Technological Forecasting and Social Change, Elsevier, vol. 187(C).
    7. Sami Basly & Yosra Abdelwahed, 2023. "Commitment to Learning and Open Innovation in Family Firms: Exploring the Moderating Effect of Family-to-firm Identity Fit," Journal of Entrepreneurship and Innovation in Emerging Economies, Entrepreneurship Development Institute of India, vol. 32(2), pages 420-448, July.

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