This paper responds to recent calls for deeper research into failed open innovation (OI) strategies and the contingencies that impede OI adoption. A firm’s willingness to open up its innovation process has been linked to performance benefits and faster product development cycles; however, research on the contingencies that facilitate and impede openness is still required. This paper aims to explore the adoption of open innovation business models in north east-based manufacturing SMEs. This study is based on data gathered from the initial stages of a PhD programme, and based on 10 semi-structured interviews with managers and lead engineers/designers, within 5 manufacturing firms employing 10 to 250 staff. Initial results indicate reasons for the failure of the open innovation paradigm to successfully permeate into one of the UK’s key industry sectors.
|Published - Sept 2014
|British Academy of Management (BAM) Conference - Belfast
Duration: 9 Sept 2014 → …
|British Academy of Management (BAM) Conference
|9/09/14 → …