Year: 2011
Type: conference-paper
Abstract: Open innovation seeks to assess knowledge exchange between organisations, but generally much of the research into open innovation ignores issues relating to proximity and geographical clustering. To remedy this relative paucity of research into open innovation and proximity issues, we look at various open innovation constructs within a sample of 3,468 European firms.We find that co-location within clusters facilitates open innovation effectiveness in terms of enhanced knowledge flows between firms and between firms and universities.We note that this concomitantly leads to a reduction on internal R&D investments within cluster-based firms.Our research has implications for both the economic geography and open innovation literature.
Authors: Fang Huang, John Rice
Language: English
Subfield: Strategy and Management
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W2594864325