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Bridging University-Firm relationships and Open Innovation literature: a critical synthesis

Author

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  • Luís Pinheiro

    () (Faculdade de Economia, Universidade do Porto)

  • Aurora A.C. Teixeira

    () (CEF.UP, Faculdade de Economia, Universidade do Porto; INESC Porto)

Abstract

Open Innovation is understood as a flow of incoming and outgoing knowledge and technology which allows, at the level of a firm, the acceleration of the innovation process, as well as a faster establishment and access to new markets, for external use of that same innovation. This type of innovation includes technological innovation, which comes from internal and external sources, as well as different modalities of accessing the market and, therefore, commercializing the innovation. Resorting to a bibliometric analysis, using Open Innovation as the search keyword, we found that the majority of the existing studies on OI is of conceptual character. On the one hand, from the scarce existing empirical studies, the issue of the relation University – Enterprise (U-E), one of the components of the open innovation model, is analyzed in a relatively superficial way neglecting, or not referring in the most appropriated way, the mechanisms by which companies could obtain (via innovation) competitive advantage through the exploration of a more open model of innovation based on the relationships with universities. On the other hand, the existing studies on U-E relations do not highlight, at least in an explicit way, the question of the open innovation model. Such studies are still highly directed to a unidirectional profit optic, that is, are too centred on the advantages which the enterprises will be able to obtain from the relation with the universities, failing taking into account the value that potentially goes to universities from such links.

Suggested Citation

  • Luís Pinheiro & Aurora A.C. Teixeira, 2009. "Bridging University-Firm relationships and Open Innovation literature: a critical synthesis," FEP Working Papers 346, Universidade do Porto, Faculdade de Economia do Porto.
  • Handle: RePEc:por:fepwps:346
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    Keywords

    Open Innovation; U-E relations; Emergency; Sustainability; Benefits;

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