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Research output: Contribution in Book/Report/Proceedings - With ISBN/ISSN › Conference contribution/Paper › peer-review
Research output: Contribution in Book/Report/Proceedings - With ISBN/ISSN › Conference contribution/Paper › peer-review
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TY - GEN
T1 - Open Innovation
T2 - British Academy of Management 2019 Conference
AU - Hutton, Steven
AU - Demir, Robert
AU - Eldridge, Stephen
PY - 2019/9/3
Y1 - 2019/9/3
N2 - 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.
AB - 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.
KW - Open Innovation
KW - dynamic capabilities
M3 - Conference contribution/Paper
SN - 9780995641327
BT - BAM2019 Conference Proceedings
PB - British Academy of Management
CY - Birmingham
Y2 - 3 September 2019 through 5 September 2019
ER -