Does open innovation always work? The role of complementary assets
| Autor: | Eugenio M. Fedriani, Gloria Cuevas-Rodríguez, Antonio Carmona-Lavado, Carmen Cabello-Medina |
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| Rok vydání: | 2021 |
| Předmět: |
Knowledge management
Qualitative comparative analysis business.industry 020209 energy 05 social sciences 02 engineering and technology Equifinality Complementary assets Human capital Alliance Management of Technology and Innovation Complementarity (molecular biology) 0502 economics and business 0202 electrical engineering electronic engineering information engineering Openness to experience Business and International Management business 050203 business & management Applied Psychology Open innovation |
| Zdroj: | Technological Forecasting and Social Change. 162:120316 |
| ISSN: | 0040-1625 |
| DOI: | 10.1016/j.techfore.2020.120316 |
| Popis: | The aim of this research is twofold: first, to identify Open Innovation (OI) configurations, and second, to analyze which configurations are associated with a high, and which with a low, OI performance. Using a configurational approach (involving complementarity and equifinality), we propose that firms use different OI configurations, by combining three openness practices (high number of alliances, partner diversity, and external R&D) and four complementary organizational assets (human capital, alliance coordination capabilities, inter-organizational learning capabilities, and patenting orientation), and that such configurations affect OI performance. We conducted a survey study on the Spanish biotech industry. A sample of 75 companies was analyzed using fuzzy-set qualitative comparative analysis (fsQCA). The results revealed seven high-performing configurations and six low-performing configurations. Configurations combining one or more OI practices and complementary organizational assets achieved a high OI performance, while open configurations lacking the necessary organizational assets were not successful. Closed configurations also performed poorly. The theoretical and managerial implications are discussed. |
| Databáze: | OpenAIRE |
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