Multi-business firms, knowledge flows and intra-network open innovations
Autor: | Manuel Villasalero |
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Jazyk: | angličtina |
Rok vydání: | 2015 |
Předmět: |
Economics and Econometrics
Entrepreneurship Administración de empresas Product innovation Redes de conocimiento 05 social sciences Innovation management Knowledge flows Open system (systems theory) Innovación Strategic business unit Diversification 0502 economics and business Business administration 050211 marketing Corporate network Business Marketing Innovation 050203 business & management Industrial organization Open innovation Knowledge networks Flujos de conocimiento |
Zdroj: | RUIdeRA. Repositorio Institucional de la UCLM instname |
Popis: | The increasing competition in the marketplace has led firms to change their innovation patterns to a more open system according to which they rely on networks to manage knowledge resources and innovate. The so-called open innovation paradigm has been developed by taking single-business firms and external networks as cornerstones of the standard model. However, in the case of multi-business firms, the role of internal networks has been neglected. Business units within multi-business corporations have the potential advantage of relying on both external partners and internal peers in order to support their product innovation process. The corporate network thus enables business units to provide knowledge (source knowledge from) to peers in their quest to bring new products onto the market. This study analyses the impact of four types of open innovation activities on business units’ product innovation performance, which are classified according to the directionality (outside-in and inside-out) and locus (cross-business and across-boundaries) of the innovation flows. The results from a sample of 227 business units show that business units should look outside firm boundaries for inbound innovation and throughout business units for outbound innovation if they are to improve their innovation performance. |
Databáze: | OpenAIRE |
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