Why do SMEs implement open innovation? The case of Portugal

Julião, Jorge; Ferreira, Inês; Gaspar, Marcelo

Publication

Why do SMEs implement open innovation? The case of Portugal

2022-08Journal article

dc.contributor.author	Julião, Jorge
dc.contributor.author	Ferreira, Inês
dc.contributor.author	Gaspar, Marcelo
dc.date.accessioned	2022-09-15T17:22:17Z
dc.date.available	2022-09-15T17:22:17Z
dc.date.issued	2022-08
dc.description.abstract	The concept of open innovation is gaining popularity in both the world of engineering and management. However, despite this growing interest, most existing studies tend to focus mainly on large companies. Thus, the purpose of this paper is to explore the drivers of the implementation of the open innovation concept in SMEs. This study uses a survey carried out through an online questionnaire that was sent to some Portuguese SMEs. The results show that there is a high level of receptivity to implement open innovation. The findings also suggest the existence of a positive relationship between the application of open innovation and the level of satisfaction with the R&D unit’s performance. Overall, SMEs seem to be more motivated to apply open innovation to improve their innovation process and capacity than to reduce costs, share innovation risks, or improve reputation. Moreover, findings also demonstrate that the main drivers for the adoption of open innovation vary along with company size. For micro-enterprises, the main driver is to complement internal skills. Small enterprises look for the most effective way to develop new products and services whilst medium-sized enterprises are mainly driven to monitor market trends and improve their innovation process.	pt_PT
dc.description.version	info:eu-repo/semantics/publishedVersion	pt_PT
dc.identifier.doi	10.18178/ijimt.2022.13.3.922	pt_PT
dc.identifier.issn	0219-8770
dc.identifier.uri	http://hdl.handle.net/10400.14/38907
dc.language.iso	eng	pt_PT
dc.peerreviewed	yes	pt_PT
dc.rights.uri	http://creativecommons.org/licenses/by/4.0/	pt_PT
dc.subject	Innovation	pt_PT
dc.subject	Open innovation	pt_PT
dc.subject	Innovation implementation	pt_PT
dc.subject	Innovation drivers	pt_PT
dc.subject	Innovation benefits	pt_PT
dc.subject	SMEs	pt_PT
dc.title	Why do SMEs implement open innovation? The case of Portugal	pt_PT
dc.type	journal article
dspace.entity.type	Publication
oaire.citation.endPage	63	pt_PT
oaire.citation.issue	3	pt_PT
oaire.citation.startPage	58	pt_PT
oaire.citation.title	International Journal of Innovation and Technology Management	pt_PT
oaire.citation.volume	13	pt_PT
rcaap.rights	openAccess	pt_PT
rcaap.type	article	pt_PT