IDEAS home Printed from https://ideas.repec.org/a/wsi/ijimxx/v25y2021i04ns1363919621500390.html
   My bibliography  Save this article

Innovation Capability And Open Innovation And Its Impact On Performance In Smes: An Empirical Study In Chile

Author

Listed:
  • OMAR CARRASCO-CARVAJAL

    (Engineering School, Universidad Central de Chile, Chile)

  • DOMINGO GARCÍA-PÉREZ-DE-LEMA

    (Department of Economics, Accounting and Finance, Universidad Politécnica de Cartagena, Spain)

Abstract

The objective of this research is to analyse how risk-taking, commitment to learning, and innovation capability — in SMEs — can favour inbound and outbound open innovation practices, and if open innovation practices help their performance. To test the hypotheses simultaneously, partial least squares analysis (PLS-SEM) was used along with the empirical data obtained from 194 interviews with Chilean’s executives of manufacturing SMEs between 10 and 250 employees. The results obtained show that commitment to learning and risk-taking have a positive effect on innovation capability. Our study has shown how innovation capability has a significant and positive influence on inbound and outbound practices. In the field of performance, our research has verified that inbound practices have a positive influence on the performance of the SME. Finally, it shows managers the way to select open innovation practices that most benefit the strategic objectives of the SME.

Suggested Citation

  • Omar Carrasco-Carvajal & Domingo García-Pérez-De-Lema, 2021. "Innovation Capability And Open Innovation And Its Impact On Performance In Smes: An Empirical Study In Chile," International Journal of Innovation Management (ijim), World Scientific Publishing Co. Pte. Ltd., vol. 25(04), pages 1-31, May.
    • Handle: RePEc:wsi:ijimxx:v:25:y:2021:i:04:n:s1363919621500390
    DOI: 10.1142/S1363919621500390
    as

    Download full text from publisher

    File URL: http://www.worldscientific.com/doi/abs/10.1142/S1363919621500390
    Download Restriction: Access to full text is restricted to subscribers
    File URL: https://libkey.io/10.1142/S1363919621500390?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

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


    Cited by:

    1. Dwivedi, Yogesh K. & Balakrishnan, Janarthanan & Das, Ronnie & Dutot, Vincent, 2023. "Resistance to innovation: A dynamic capability model based enquiry into retailers’ resistance to blockchain adaptation," Journal of Business Research, Elsevier, vol. 157(C).
    2. Ana León-Gómez & José Manuel Santos-Jaén & Daniel Ruiz-Palomo & Mercedes Palacios-Manzano, 2022. "Disentangling the impact of ICT adoption on SMEs performance: the mediating roles of corporate social responsibility and innovation," Oeconomia Copernicana, Institute of Economic Research, vol. 13(3), pages 831-866, September.

    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:wsi:ijimxx:v:25:y:2021:i:04:n:s1363919621500390. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Tai Tone Lim (email available below). General contact details of provider: http://www.worldscinet.com/ijim/ijim.shtml .

    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.