IDEAS home Printed from https://ideas.repec.org/a/aes/amfeco/vspecial9y2015i17p1129.html
   My bibliography  Save this article

Study on the Open Innovation Practices in Romanian Smes

Author

Listed:
  • Marieta Olaru

    (Bucharest University of Economic Studies)

  • Vasile Dinu

    (Bucharest University of Economic Studies)

  • Timo Keppler

    (Bucharest University of Economic Studies)

  • Bogdan Mocan

    (Universitatea Tehnica din Cluj-Napoca,)

Abstract

This paper highlights some of the results of the study carried out by the authors within the research project “Integrated system for innovation management in SMEs”, code PN-II-PT-PCCA-2013-4-1319, under way at the Business Administration Research Centre of the Bucharest University of Economic Studies. The objective aimed at was to show the progress made by Romanian SMEs in adopting the open innovation principles. In order to reach this objective, the authors analysed the available statistical data for the period 2002-2012 concerning the trend of the SMEs’ weight in the total innovation businesses compared to the weight of the large companies, the trend of the number of innovation projects started but unfinished or abandoned, and the trend of the ratio between the weight of the expenses on internal innovation activities and the expenses on external innovation activities for these businesses. The performed study highlighted the fact that within the analysed period, the weight of innovative SMEs in the total SMEs doubled. Within the same period of time the number of Romanian SMEs that initiated research-development-innovation projects unfinished and/or abandoned went up significantly, which proves that the initiatives of these businesses in developing ever more complex and riskier research projects multiplied. Under these circumstances, the authors’ opinion is that focus is needed on external innovation sources that are typical to open innovation, with an important role in enhancing the performance of the innovation process.

Suggested Citation

  • Marieta Olaru & Vasile Dinu & Timo Keppler & Bogdan Mocan, 2015. "Study on the Open Innovation Practices in Romanian Smes," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 17(Special 9), pages 1129-1129, November.
    • Handle: RePEc:aes:amfeco:v:special9:y:2015:i:17:p:1129
    as

    Download full text from publisher

    File URL: http://www.amfiteatrueconomic.ro/temp/Article_2463.pdf
    Download Restriction: no
    ---><---

    Other versions of this item:

    References listed on IDEAS

    as
    1. Tomlinson, Philip R. & Fai, Felicia M., 2013. "The nature of SME co-operation and innovation: A multi-scalar and multi-dimensional analysis," International Journal of Production Economics, Elsevier, vol. 141(1), pages 316-326.
    2. repec:agr:journl:v:5(582):y:2013:i:5(582):p:15-26 is not listed on IDEAS
    3. Rogbeer, Shalini & Almahendra, Rangga & Ambos, Björn, 2014. "Open-Innovation Effectiveness: When does the Macro Design of Alliance Portfolios Matter?," Journal of International Management, Elsevier, vol. 20(4), pages 464-477.
    4. Ioan Radu PETRARIU & Robert BUMBAC & Radu CIOBANU, 2013. "Innovation: a path to competitiveness and economic growth. The case of CEE countries," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania / Editura Economica, vol. 0(5(582)), pages 15-26, May.
    5. Carmen Camelo & Mariluz Fernández‐Alles & Ana B. Hernández, 2010. "Strategic consensus, top management teams, and innovation performance," International Journal of Manpower, Emerald Group Publishing Limited, vol. 31(6), pages 678-695, September.
    6. Fang Huang & John Rice, 2009. "THE ROLE OF ABSORPTIVE CAPACITY IN FACILITATING "OPEN INNOVATION" OUTCOMES: A STUDY OF AUSTRALIAN SMEsIN THE MANUFACTURING SECTOR," International Journal of Innovation Management (ijim), World Scientific Publishing Co. Pte. Ltd., vol. 13(02), pages 201-220.
    7. Alar Kolk & Kristi P¸¸mann, 2008. "Co-Development of Open Innovation Strategy and Dynamic Capabilities as a Source of Corporate Growth," Working Papers 173, Tallinn School of Economics and Business Administration, Tallinn University of Technology.
    8. Raluca Mariana Grosu & Elena Ecaterina Nicolae, 2015. "Best practices in the field of returnee entrepreneurship," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 17(39), pages 799-799, May.
    9. André Spithoven & Wim Vanhaverbeke & Nadine Roijakkers, 2013. "Open innovation practices in SMEs and large enterprises," Small Business Economics, Springer, vol. 41(3), pages 537-562, October.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Sebastian Ion Ceptureanu & Eduard Gabriel Ceptureanu & Marieta Olaru & Liviu Bogdan Vlad, 2018. "An Exploratory Study on Coopetitive Behavior in Oil and Gas Distribution," Energies, MDPI, vol. 11(5), pages 1-18, May.
    2. Lingyan Meng & Md Qamruzzaman & Anass Hamad Elneel Adow, 2021. "Technological Adaption and Open Innovation in SMEs: An Strategic Assessment for Women-Owned SMEs Sustainability in Bangladesh," Sustainability, MDPI, vol. 13(5), pages 1-22, March.
    3. Daniel Rusu, 2021. "The Performance Of Sme Innovation Determined By The Technological Capability And Collaboration," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 6, pages 135-148, December.
    4. Ioana Maria Popescu (Iacobescu) & Rodica Pamfilie & Stelian Olaru, 2023. "Commonalities and Dissimilarities in the Process of Innovation Management. A Comparable Perspective Based on Business Size," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 762-767, August.
    5. Marius Constantin & Mihai Dinu & Simona Roxana Patarlageanu & Cristian Chelariu, 2021. "Sustainable Development Disparities in the EU-27 Based on R&D and Innovation Factors," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 23(Special15), pages 948-948, November.
    6. Tetiana Ivanova, 2020. "Management of Green Procurement in Small and Medium-Sized Manufacturing Enterprises in Developing Economies," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 22(53), pages 121-121, February.
    7. Omar Carrasco-Carvajal & Mauricio Castillo-Vergara & Domingo García-Pérez-de-Lema, 2023. "Measuring open innovation in SMEs: an overview of current research," Review of Managerial Science, Springer, vol. 17(2), pages 397-442, February.
    8. Dorin Maier & Mihaela Maftei & Andreea Maier & Gabriela Elena Bitan, 2019. "A Review of Product Innovation Management Literature in the Context of Organization Sustainable Development," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 21(S13), pages 816-816, November.
    9. Ramin Bashir Khodaparasti & Hooshmand Bagheri Garabollagh & Reza Mohammadpour, 2020. "Engagement in Green Procurement: Antecedents and Outcomes on Manufacturing Small and Medium-Sized Enterprises from Iran," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 22(53), pages 102-102, February.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Ciprian Tudurachi, 2017. "Innovation in SMEs - An Intensive Preoccupation of Business People All Around the World," Hyperion Economic Journal, Faculty of Economic Sciences, Hyperion University of Bucharest, Romania, vol. 5(4), pages 36-40, December.
    2. Lyu, Yibo & Zhu, Yuqing & Han, Shaojie & He, Binyuan & Bao, Lining, 2020. "Open innovation and innovation "Radicalness"—the moderating effect of network embeddedness," Technology in Society, Elsevier, vol. 62(C).
    3. Idika Awa Uduma & Andy Fred Wali & Len Tiu Wright, 2015. "A quantitative study on the influence of breadth of open innovation on SMEs product-service performance: The moderating effect of type of innovation," Cogent Business & Management, Taylor & Francis Journals, vol. 2(1), pages 1120421-112, December.
    4. Lingyan Meng & Md Qamruzzaman & Anass Hamad Elneel Adow, 2021. "Technological Adaption and Open Innovation in SMEs: An Strategic Assessment for Women-Owned SMEs Sustainability in Bangladesh," Sustainability, MDPI, vol. 13(5), pages 1-22, March.
    5. Graciela Corral De Zubielqui & Janice Jones & Laurence Lester, 2017. "KNOWLEDGE INFLOWS FROM MARKET- AND SCIENCE-BASED ACTORS, ABSORPTIVE CAPACITY, INNOVATION AND PERFORMANCE: A STUDY OF SMEs," World Scientific Book Chapters, in: Joe Tidd (ed.), Promoting Innovation in New Ventures and Small- and Medium-Sized Enterprises, chapter 15, pages 359-391, World Scientific Publishing Co. Pte. Ltd..
    6. Zahoor, Nadia & Al-Tabbaa, Omar, 2020. "Inter-organizational collaboration and SMEs’ innovation: A systematic review and future research directions," Scandinavian Journal of Management, Elsevier, vol. 36(2).
    7. Behncke, Nadine, 2015. "Networks and product innovation across European SMEs," University of Göttingen Working Papers in Economics 229, University of Goettingen, Department of Economics.
    8. Simona Gentile-Lüdecke & Rui Torres de Oliveira & Justin Paul, 2020. "Does organizational structure facilitate inbound and outbound open innovation in SMEs?," Small Business Economics, Springer, vol. 55(4), pages 1091-1112, December.
    9. Nawal Abdalla Adam & Hind Alofaysan, 2023. "External Knowledge Flows and Small and Medium-Sized Enterprises’ Innovation Capabilities Enhancement: An Empirical Investigation," Sustainability, MDPI, vol. 15(5), pages 1-14, February.
    10. Rangga Almahendra, 2023. "Disentangling Learning Network Dilemma: A Small-World Effect in a Globalized World," Sustainability, MDPI, vol. 15(3), pages 1-15, January.
    11. Ricardo Malagueño & Ernesto Lopez-Valeiras & Jacobo Gomez-Conde, 2018. "Balanced scorecard in SMEs: effects on innovation and financial performance," Small Business Economics, Springer, vol. 51(1), pages 221-244, June.
    12. Mariia Shkolnykova & Lasse Steffens & Jan Wedemeier, 2024. "Systems of innovation: Path of economic transition and differences in institutions in central and Eastern Europe?," Growth and Change, Wiley Blackwell, vol. 55(1), March.
    13. Christoph Grimpe & Wolfgang Sofka & Andreas P. Distel, 2022. "SME participation in research grant consortia—the emergence of coordinated attention in collaborative innovation," Small Business Economics, Springer, vol. 59(4), pages 1567-1592, December.
    14. Frida Thomas Pacho, 2018. "Diversified Network Effects on Innovation Performance in Tanzania: Innovation Strategy in Service Firms," Journal of Entrepreneurship and Business Innovation, Macrothink Institute, Journal of Entrepreneurship and Business Innovation, vol. 5(1), pages 1-1, December.
    15. Martín-Rojas, Rodrigo & García-Morales, Victor J. & Garrido-Moreno, Aurora & Salmador-Sánchez, Maria Paz, 2021. "Social Media Use and the Challenge of Complexity: Evidence from the Technology Sector," Journal of Business Research, Elsevier, vol. 129(C), pages 621-640.
    16. Ya You & Shuba Srinivasan & Koen Pauwels & Amit Joshi, 2020. "How CEO/CMO characteristics affect innovation and stock returns: findings and future directions," Journal of the Academy of Marketing Science, Springer, vol. 48(6), pages 1229-1253, November.
    17. Sinan Erzurumlu, 2010. "Collaborative Product Development With Competitors To Stimulate Downstream Innovation," International Journal of Innovation Management (ijim), World Scientific Publishing Co. Pte. Ltd., vol. 14(04), pages 573-602.
    18. Mohammad Jamal Khan & Sahrish Ahmad & Hasliza Abdul Halim & Noor Hazlina Ahmad, 2022. "The Effect of Service Innovation Orientation and Open Innovation on Innovation Performance of Medium and Small Private Hospitals in India," SAGE Open, , vol. 12(3), pages 21582440221, August.
    19. David B. Audretsch & Maksim Belitski & Farzana Chowdhury, 2024. "Knowledge investment and search for innovation: evidence from the UK firms," The Journal of Technology Transfer, Springer, vol. 49(4), pages 1387-1410, August.
    20. Mounir Amdaoud & Christian Bas, 2021. "Patent Determinants for SMEs in Least-Developed Countries: How Enterprise Size Makes the Difference," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 12(2), pages 943-961, June.

    More about this item

    Keywords

    innovation; R&D; open innovation; SMEs; Romania;
    All these keywords.

    JEL classification:

    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:aes:amfeco:v:special9:y:2015:i:17:p:1129. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Valentin Dumitru (email available below). General contact details of provider: https://edirc.repec.org/data/aseeero.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.