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Open Innovation in Small and Medium‐Sized Enterprises (SMEs): External Knowledge Sourcing Strategies and Internal Organizational Facilitators

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  • Sabine Brunswicker
  • Wim Vanhaverbeke

Abstract

In this paper we explore how small and medium‐sized enterprises () engage in external knowledge sourcing, a form of inbound open innovation. We draw upon a sample of 1,411 and empirically conceptualize a typology of strategic types of external knowledge sourcing, namely minimal, supply‐chain, technology‐oriented, application‐oriented, and full‐scope sourcing. Each strategy reflects the nature of external interactions and is linked to a distinct mixture of four internal practices for managing innovation. Both full‐scope and application‐oriented sourcing offer performance benefits and are associated with a stronger focus on managing innovation. However, they differ in their managerial focus on strategic and operational aspects.

Suggested Citation

  • Sabine Brunswicker & Wim Vanhaverbeke, 2015. "Open Innovation in Small and Medium‐Sized Enterprises (SMEs): External Knowledge Sourcing Strategies and Internal Organizational Facilitators," Journal of Small Business Management, Taylor & Francis Journals, vol. 53(4), pages 1241-1263, October.
  • Handle: RePEc:taf:ujbmxx:v:53:y:2015:i:4:p:1241-1263
    DOI: 10.1111/jsbm.12120
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