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Human resources management and open innovation adoption in the banking sector: a conceptual model

Author

Listed:
  • Dimitrios G. Salampasis
  • Anne-Laure Mention
  • Marko Torkkeli

Abstract

Open innovation has received wide attention and has been explored in various sectors of the economy. However, despite the abundant literature in the field, there is an on-going debate around the organisational aspect of this paradigm. This conceptual paper aims at contributing to this debate by developing a conceptual model, which explores the relationship between human resources management practices and open innovation adoption in the banking sector. Based on an extensive literature review, the role of human resources management towards the adoption of open innovation in the banking sector is investigated in relation to two fundamental organisational elements: trust and readiness. The authors highlight the role of human resources management as a fundamental element towards the adoption of open innovation practices in the banking sector and strongly suggest that; a) human resources management affects the adoption of open innovation in the banking sector and b) trust and readiness moderate the relationship between human resources management and open innovation adoption. The proposed research propositions depict a shift towards a more flexible and open human resources management system in the banking sector and the emergence of an innovative mindset empowering organisational performance.

Suggested Citation

  • Dimitrios G. Salampasis & Anne-Laure Mention & Marko Torkkeli, 2015. "Human resources management and open innovation adoption in the banking sector: a conceptual model," International Journal of Business Excellence, Inderscience Enterprises Ltd, vol. 8(4), pages 433-457.
    • Handle: RePEc:ids:ijbexc:v:8:y:2015:i:4:p:433-457
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    Cited by:

    1. Daniela Acquadro Maran & Antonella Varetto & Cristina Civilotti & Nicola Magnavita, 2022. "Prevalence and Consequences of Verbal Aggression among Bank Workers: A Survey into an Italian Banking Institution," Administrative Sciences, MDPI, vol. 12(3), pages 1-13, July.

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