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Open Innovation Approach for Small and Medium Enterprises: An Evidence from Indian Software Product Firms

In: In Search of Business Models in Social Entrepreneurship

Author

Listed:
  • Sumukh Hungund

    (Manipal Institute of Technology)

  • K. B. Kiran

    (National Institute of Technology)

Abstract

The paper provides insights on open innovation practices adopted across the Indian software product Small and Medium Enterprises (SMEs). It explores the open innovation practices adopted by software product SMEs and the influence of these practices on the performance of the firm. The software product firms located in Bangalore are selected for the study. The framework developed is empirically tested on a sample of 213 software product companies located in Bangalore region. The results suggest that collaboration practices of open innovation are widely adopted. Also, the open innovation model helps the firm to improve its overall performance and develop more products.

Suggested Citation

  • Sumukh Hungund & K. B. Kiran, 2021. "Open Innovation Approach for Small and Medium Enterprises: An Evidence from Indian Software Product Firms," Springer Books, in: Samapti Guha & Satyajit Majumdar (ed.), In Search of Business Models in Social Entrepreneurship, chapter 0, pages 233-252, Springer.
    • Handle: RePEc:spr:sprchp:978-981-16-0390-7_11
    DOI: 10.1007/978-981-16-0390-7_11
    as

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