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How can open innovation support SMEs in the adoption of I4.0 technologies? An empirical analysis

Year: 2021

Type: article

Abstract: The adoption of Industry 4.0 technologies may represent an interesting opportunity for many SMEs, but the implementation of these technologies may be hindered by the lack of several resources. In this paper, we investigate how Open Innovation (OI) can help SMEs in the adoption of I4.0 technologies. Specifically, we show that both OI breadth and depth may be positively related to the adoption of these technologies. Besides, we highlight how the effect of OI depth is positively moderated by the technological intensity of the industry where the SME operates. Our results offer theoretical contribution to the literature on SMEs’ I4.0 technologies’ adoption, as well as that on OI. Finally, our findings can support both managers and policy makers in the implementation of I4.0 technologies.

Source: R and D Management

DOI: 10.1111/radm.12507

Authors: Antonio Messeni Petruzzelli, Gianluca Murgia, Adele Parmentola

Institutions: Polytechnic University of Bari, University of Siena, Parthenope University of Naples

Language: English

Topic: Innovation and Knowledge Management

Subfield: Strategy and Management

Field: Business, Management and Accounting

Domain: Social Sciences

SDGs: Industry, innovation and infrastructure, Decent work and economic growth

Open Access status: hybrid

Estimated APC paid: $3,000