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Open innovation strategies in the UK biopharmaceutical sector

Author

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  • Călin Gurău
  • Frank Lasch

Abstract

In the last ten years, the paradigm of open innovation has modified the way in which the research and development process is organised and managed by high-technology firms. However, this model should be adapted to the specific characteristics and conditions of each industrial sector. Using the data collected through interviews with 23 managers of UK biopharmaceutical SMEs, this study attempts to identify the factors that may enhance the capacity of these firms to develop and manage open innovation systems. Findings indicate that the size of the firm, its organisational stage, its capability to develop partnerships and its capacity to identify partner organisations with complementary resources influence the capacity of the biopharmaceutical organisation to implement and manage open innovation systems.

Suggested Citation

  • Călin Gurău & Frank Lasch, 2011. "Open innovation strategies in the UK biopharmaceutical sector," International Journal of Entrepreneurial Venturing, Inderscience Enterprises Ltd, vol. 3(4), pages 420-434.
    • Handle: RePEc:ids:ijeven:v:3:y:2011:i:4:p:420-434
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    Cited by:

    1. Ratnawati & Budi Eko Soetjipto & F. Danardana Murwani & Hari Wahyono, 2018. "The Role of SMEs’ Innovation and Learning Orientation in Mediating the Effect of CSR Programme on SMEs’ Performance and Competitive Advantage," Global Business Review, International Management Institute, vol. 19(3_suppl), pages 21-38, June.
    2. 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.

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