IDEAS home Printed from https://ideas.repec.org/h/wsi/wschap/9789813230972_0008.html
   My bibliography  Save this book chapter

Open Innovation Within the Low-Technology SME Sector

In: RESEARCHING OPEN INNOVATION IN SMEs

Author

Listed:
  • Lawrence Dooley
  • David O’Sullivan

Abstract

Innovation studies have focused in the main on so called high technology (HT) firms that demonstrate a culture of continuous innovation evidenced by steady growth rates and profitability. HT firms invest significantly in R&D. Less explored are the significant number of so-called low-to-medium technology (LMT) firms and in particular those defined as small-to-medium sized enterprises (SMEs). Despite their low investment in R&D and relatively small size, LMT–SME firms continuously adapt and innovate to maintain a measure of growth and profitability. These firms that make up the majority of firms in developed economies have developed their own very different routines and practices that match their own particular needs and adapt to their own particular competitive environment. These routines include agile and continuous innovation and a focus on processes and services. These practices when studied and shared provide learning opportunities within the sector as a whole. This chapter presents the routines and practices of innovation within a number of case studies from the LMT–SME sector and in particular their agile approaches towards open innovation.

Suggested Citation

  • Lawrence Dooley & David O’Sullivan, 2018. "Open Innovation Within the Low-Technology SME Sector," World Scientific Book Chapters, in: Wim Vanhaverbeke & Federico Frattini & Nadine Roijakkers & Muhammad Usman (ed.), RESEARCHING OPEN INNOVATION IN SMEs, chapter 8, pages 249-271, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9789813230972_0008
    as

    Download full text from publisher

    File URL: https://www.worldscientific.com/doi/pdf/10.1142/9789813230972_0008
    Download Restriction: Ebook Access is available upon purchase.
    File URL: https://www.worldscientific.com/doi/abs/10.1142/9789813230972_0008
    Download Restriction: Ebook Access is available upon purchase.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Bertello, Alberto & De Bernardi, Paola & Ferraris, Alberto & Bresciani, Stefano, 2022. "Shedding lights on organizational decoupling in publicly funded R&D consortia: An institutional perspective on open innovation," Technological Forecasting and Social Change, Elsevier, vol. 176(C).
    2. Weidner, Nadia & Som, Oliver & Horvat, Djerdj, 2023. "An integrated conceptual framework for analysing heterogeneous configurations of absorptive capacity in manufacturing firms with the DUI innovation mode," Technovation, Elsevier, vol. 121(C).
    3. Barrett, Gillian & Dooley, Lawrence & Bogue, Joe, 2021. "Open innovation within high-tech SMEs: A study of the entrepreneurial founder's influence on open innovation practices," Technovation, Elsevier, vol. 103(C).

    More about this item

    Keywords

    Open Innovation; SME; Entrepreneur; Innovation Ecosystem; Licensing; Ip; Collaboration; Market Partner; Partnerships; Innovation Management; Business Model;
    All these keywords.

    JEL classification:

    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wsi:wschap:9789813230972_0008. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Tai Tone Lim (email available below). General contact details of provider: http://www.worldscientific.com/page/worldscibooks .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.