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Open Innovation Networks: The Role Of Innovative Marketplaces For Small And Medium Enterprises' Value Creation

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  • VALENTINA NDOU

    (Centro Cultura Innovativa d'Impresa, University of Salento, Via Monteroni s.n., Lecce, Italy)

  • PASQUALE DEL VECCHIO

    (Centro Cultura Innovativa d'Impresa, Via Monteroni s.n., Lecce, Italy)

  • LAURA SCHINA

    (Centro Cultura Innovativa d'Impresa, Via Monteroni s.n., Lecce, Italy)

Abstract

The article is focused on the explanation of the benefits of an open innovation approach in order to drive small and medium enterprises within the actual dynamic environment. In particular, the article gives evidence of the capability of the new paradigm in enabling innovative patterns of growth and development, especially for the small segment, not able to overpass a lot of constraints for achieving high performance by itself.We argue that firms' innovation can be carried out through open innovation platforms, in which they will grasp the most important benefits and opportunities in order to catch the value creation.

Suggested Citation

  • Valentina Ndou & Pasquale Del Vecchio & Laura Schina, 2011. "Open Innovation Networks: The Role Of Innovative Marketplaces For Small And Medium Enterprises' Value Creation," International Journal of Innovation and Technology Management (IJITM), World Scientific Publishing Co. Pte. Ltd., vol. 8(03), pages 437-453.
    • Handle: RePEc:wsi:ijitmx:v:08:y:2011:i:03:n:s0219877011002404
    DOI: 10.1142/S0219877011002404
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    References listed on IDEAS

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    1. Zoltan Acs & David Audretsch, 1990. "Innovation and Small Firms," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262011131, April.
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    Cited by:

    1. Calvin S. Weng, 2017. "Innovation Intermediaries in Technological Alliances," International Journal of Innovation and Technology Management (IJITM), World Scientific Publishing Co. Pte. Ltd., vol. 14(02), pages 1-17, April.
    2. Secundo, Giustina & Del Vecchio, Pasquale & Simeone, Luca & Schiuma, Giovanni, 2020. "Creativity and stakeholders' engagement in open innovation: Design for knowledge translation in technology-intensive enterprises," Journal of Business Research, Elsevier, vol. 119(C), pages 272-282.
    3. Serhat Sag & Bülent Sezen & Lütfihak Alpkan, 2019. "Determinants of Open Innovation and their Interrelations," International Journal of Innovation and Technology Management (IJITM), World Scientific Publishing Co. Pte. Ltd., vol. 16(04), pages 1-20, June.

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