Work

The influence of open innovation on firm performance

Year: 2020
Type: article
Abstract: Innovation is crucial for growth and business development, and represents a reliable way through which to gain competitiveness within the marketplace. Open innovation is expressed through three different processes: the acquisition of external technology (inbound innovation); the external exploitation of technology (outbound innovation); and coupled innovation. Based on a comprehensive and systematic review of the literature best able to detect the main thematic areas of the research topic, the aim of this paper is to investigate how the paradigm of open innovation influences firm performance and to provide suggestions for future research avenues.
Language: English
Open Access status: gold
Estimated APC paid: $900
OpenAlex ID: W3097430671
FWCI: 16.79
Cites: 103
Cited by: 121
Related to: 10