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The role of management support for the implementation of open innovation practices in firms

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  • Barham, Husam
  • Dabic, Marina
  • Daim, Tugrul
  • Shifrer, Dara

Abstract

Open innovation (OI) has gained a lot of popularity in the last decade, as sharing research and innovation efforts offer several benefits for firms and industries. However, implementing a successful OI environment within firms has several internal and external challenges. Therefore, researchers are investigating the factors that might contribute to achieving a successful OI adoption. This paper investigates the effect of management support on the successful adoption of OI. The paper uses regression techniques with data from an OI survey that was conducted in Europe in 2014. Respondents, from several countries and industries, were asked to evaluate their firm's current OI adoption level, as well as, several internal competencies. The dataset analysis results showed that there is a positive correlation between management support of OI and the possibility of successful adoption of OI. Moreover, the results offered insight on some of the dynamics of how management support affect OI adoption.

Suggested Citation

  • Barham, Husam & Dabic, Marina & Daim, Tugrul & Shifrer, Dara, 2020. "The role of management support for the implementation of open innovation practices in firms," Technology in Society, Elsevier, vol. 63(C).
    • Handle: RePEc:eee:teinso:v:63:y:2020:i:c:s0160791x19302325
    DOI: 10.1016/j.techsoc.2020.101282
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    References listed on IDEAS

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