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The “Hidden Costs” of Open Innovation in SMEs: From Theory to Practice

In: RESEARCHING OPEN INNOVATION IN SMEs

Author

Listed:
  • Cristina Marullo
  • Alberto Di Minin
  • Chiara Eleonora De Marco
  • Andrea Piccaluga

Abstract

This study explores the process of open innovation (OI) implementation in small and medium-sized enterprises (SMEs), with the aim of shedding light on the factors that may either enhance or undermine effectiveness in different contexts. The hypothesis of different paths of OI implementation is shaped across three theoretical dimensions: (1) the combination of open innovation approaches (the choice of the governance mode); (2) the type of knowledge exchanged (scientific knowledge, technological knowledge, product/ market knowledge); and (3) the sectoral innovation system to which the company belongs (characterized by different technological opportunities, innovation sources, and appropriability regimes). A multiple case study design has been adopted in order to investigate how and why the process of OI implementation in SMEs may be bounded by “hidden costs” hampering effectiveness. The study delivers four different paths of OI implementation (science-oriented, technology-driven, application-oriented, and community-driven) and demonstrates that SMEs in each path differently seek opportunities and face different risks.

Suggested Citation

  • Cristina Marullo & Alberto Di Minin & Chiara Eleonora De Marco & Andrea Piccaluga, 2018. "The “Hidden Costs” of Open Innovation in SMEs: From Theory to Practice," World Scientific Book Chapters, in: Wim Vanhaverbeke & Federico Frattini & Nadine Roijakkers & Muhammad Usman (ed.), RESEARCHING OPEN INNOVATION IN SMEs, chapter 2, pages 37-68, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9789813230972_0002
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    Cited by:

    1. De Marco, Chiara Eleonora & Martelli, Irene & Di Minin, Alberto, 2020. "European SMEs’ engagement in open innovation When the important thing is to win and not just to participate, what should innovation policy do?," Technological Forecasting and Social Change, Elsevier, vol. 152(C).

    More about this item

    Keywords

    Open Innovation; SME; Entrepreneur; Innovation Ecosystem; Licensing; Ip; Collaboration; Market Partner; Partnerships; Innovation Management; Business Model;
    All these keywords.

    JEL classification:

    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D

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