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How Do Entrepreneurial Leaders Promote Open Innovation Adoption in Small Firms?

In: RESEARCHING OPEN INNOVATION IN SMEs

Author

Listed:
  • Joon Mo Ahn
  • Tim Minshall
  • Letizia Mortara

Abstract

This chapter aims to shed light on the role of the top executives in open innovation in small firms, providing a microfoundation framework for open innovation adoption, which future research will be able to empirically test. Recognizing that open innovation adoption implies an organizational routine change, we suggest that individuals’ characteristics, such as risk-taking propensity and endurance as well as their knowledge and network, play important roles in moderating open innovation adoption. We argue that the personal characteristics of top executives, such as innovativeness, and the views managers hold about openness can contribute to the development of an open innovation-friendly atmosphere, which, in turn, increases the momentum of organizational change. Also, top executives’ education and career experience can help firms to develop the necessary capabilities and personal relationships for expanding the company’s boundary. We validate this interpretation through explorative content analysis on data from 30 small firms.

Suggested Citation

  • Joon Mo Ahn & Tim Minshall & Letizia Mortara, 2018. "How Do Entrepreneurial Leaders Promote Open Innovation Adoption in Small Firms?," World Scientific Book Chapters, in: Wim Vanhaverbeke & Federico Frattini & Nadine Roijakkers & Muhammad Usman (ed.), RESEARCHING OPEN INNOVATION IN SMEs, chapter 5, pages 137-177, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9789813230972_0005
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    Citations

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    Cited by:

    1. Radziwon, Agnieszka & Bogers, Marcel, 2019. "Open innovation in SMEs: Exploring inter-organizational relationships in an ecosystem," Technological Forecasting and Social Change, Elsevier, vol. 146(C), pages 573-587.
    2. Santoro, Gabriele & Quaglia, Roberto & Pellicelli, Anna Claudia & De Bernardi, Paola, 2020. "The interplay among entrepreneur, employees, and firm level factors in explaining SMEs openness: A qualitative micro-foundational approach," Technological Forecasting and Social Change, Elsevier, vol. 151(C).
    3. Barrett, Gillian & Tsekouras, George, 2022. "A tango with a gorilla: An exploration of the microfoundations of open innovation partnerships between young innovative companies and multi-national enterprises," Technovation, Elsevier, vol. 117(C).
    4. Weaven, Scott & Quach, Sara & Thaichon, Park & Frazer, Lorelle & Billot, Ken & Grace, Debra, 2021. "Surviving an economic downturn: Dynamic capabilities of SMEs," Journal of Business Research, Elsevier, vol. 128(C), pages 109-123.
    5. Simona Gentile-Lüdecke & Rui Torres de Oliveira & Justin Paul, 2020. "Does organizational structure facilitate inbound and outbound open innovation in SMEs?," Small Business Economics, Springer, vol. 55(4), pages 1091-1112, December.

    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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