Abstrakt: |
Indian MSMEs face challenges in implementing open innovation. This study identifies critical success factors and criteria for adopting open innovation in Indian IT and ITES MSMEs. Semi-structured interviews were conducted with 24 participants, including academics, government officials, and MSME representatives, and the data were analysed thematically. The findings highlight that implementing open innovation in Indian MSMEs is hindered by challenges such as inadequate funding and ineffective enforcement of intellectual property laws. Nevertheless, the study identifies essential success criteria, such as government programs promoting open innovation, strategic partnerships with external stakeholders, and fostering a favourable organisational culture. These partnerships provide MSMEs with multiple resources, knowledge, and expertise for driving innovation. |