Closing open innovation effectively: strengthen control of knowledge flows
Jiang, Jie ORCID: https://orcid.org/0000-0002-5461-1574 and Seng, Julian (2023) Closing open innovation effectively: strengthen control of knowledge flows. In: WOIC2023 - 10th Edition “Bringing Together Stakeholders for Joint Value Creation”, 9th - 10th Nov, 2023, Bilbao, Biscay, Spain. (Unpublished)
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Abstract
Open innovation, pioneered by Henry Chesbrough in 2003, encompasses three types: outside-in, inside-out, and coupled processes. Most research has emphasized the outside-in process, with limited focus on the eventual cessation of these innovation relationships. In this study, we look at "closing open innovation" and differentiates it from termination of other forms of business partnerships. “Closing open innovation” refers to a strategic reduction or termination of specific open innovation activities. Specifically, this paper investigates the effective closure of open innovation, focusing on its impact on technological innovation performance (TIP). Through conducting a regression analysis on 103 high-tech Chinese firms from 2015-2019 and a social network analysis of two case studies, we highlight the importance of controlling knowledge flows within innovative networks.
Item Type: | Conference or Conference Paper (Paper) |
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Uncontrolled Keywords: | open innovation; knowledge flow; strategic management |
Subjects: | H Social Sciences > H Social Sciences (General) H Social Sciences > HB Economic Theory |
Faculty / School / Research Centre / Research Group: | Faculty of Business Greenwich Business School > Networks and Urban Systems Centre (NUSC) Greenwich Business School > Political Economy, Governance, Finance and Accountability (PEGFA) |
Last Modified: | 02 Dec 2024 16:08 |
URI: | http://gala.gre.ac.uk/id/eprint/46484 |
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