Home > Research > Publications & Outputs > Open Innovation

Electronic data

  • open_innovation_family_business_r1_28_05_19

    Accepted author manuscript, 469 KB, PDF document

    Available under license: CC BY-NC: Creative Commons Attribution-NonCommercial 4.0 International License

Links

View graph of relations

Open Innovation: Restoring the Capability Proximity

Research output: Contribution in Book/Report/Proceedings - With ISBN/ISSNConference contribution/Paper

Published
Publication date3/09/2019
Host publicationBAM2019 Conference Proceedings: Building and Sustaining High Performance Organisations During Uncertain Times
Place of PublicationBirmingham
PublisherBritish Academy of Management
Number of pages34
ISBN (Print)9780995641327
Original languageEnglish
EventBritish Academy of Management 2019 Conference - Aston University, Birmingham, United Kingdom
Duration: 3/09/20195/09/2019
https://www.bam.ac.uk/civicrm/event/info?id=3502

Conference

ConferenceBritish Academy of Management 2019 Conference
Abbreviated titleBAM 2019
CountryUnited Kingdom
CityBirmingham
Period3/09/195/09/19
Internet address

Conference

ConferenceBritish Academy of Management 2019 Conference
Abbreviated titleBAM 2019
CountryUnited Kingdom
CityBirmingham
Period3/09/195/09/19
Internet address

Abstract

Our research examines how open innovation can contribute to the firm’s dynamic capabilities, by helping to restore a focal firm's capability proximity with it's environment. Through the application of an in-depth multiple case approach examining the NPD process in a UK manufacturing SME, we were able to establish the relationship between OI and the firm's dynamic capabilities. We contribute to existing literature on open innovation and dynamic capabilities by revealing some of the underlying mechanisms that affect knowledge transfer when engaging in open innovation. This includes factors such as resource expenditure, risk and reward. Furthermore, we found externally accessed tacit knowledge provided a more significant contribution to a radical NPD project, and combining tacit knowledge from multiple sources can be used to overcome more complex issues during the process of development.