How formal and informal open innovation impact innovation performance: the moderating role of appropriability.

Autor: Chen, Xiguang, Zhang, Huiying, Wang, Beifen
Předmět:
Zdroj: Technology Analysis & Strategic Management; Oct2024, Vol. 36 Issue 10, p2504-2516, 13p
Abstrakt: Open innovation (OI) is a smart way for firms to explore new opportunities, develop new products and new processes to create value. When firms keep open to reveal knowledge for collaborating with external partners, they simultaneously protect their innovations from being copied, i.e. appropriability. The understanding of whether appropriability enables or hinders open innovation to impact innovation performance still remains inconsistent. OI can be divided into formal and informal OI. Specifically, formal OI is based on contractual agreements, informal OI is involved in non-contractual and unplanned knowledge exchange. The different dimensions of OI may impact innovation performance differently when interact with appropriability. It is necessary to study how the interplay between formal/informal OI and appropriability impact innovation performance. An empirical study is performed based on an innovation survey with a sample of 764 manufacturing firms. The results suggest that both formal and informal OI enhance innovation performance, and informal OI is found to exert a stronger impact on innovation performance compared to formal OI. The interaction between formal OI and appropriability enhances innovation performance. In contrast, the combination of informal OI and appropriability reduces innovation performance. [ABSTRACT FROM AUTHOR]
Databáze: Complementary Index