Research on open innovation performance: a review

Shukuan Zhao*, Yu Sun, Xiaobo Xu

*Corresponding author for this work

Research output: Contribution to journalReview articlepeer-review

49 Citations (Scopus)

Abstract

Under the economic globalization, traditional closed innovation cannot meet the demand of enterprises for shorter R&D cycle and lower R&D cost. Consequently, enterprises have paid more attentions to open innovation which is more important. Based on previous studies, this paper systematically analyzed key factors which affect the relationship between open innovation and innovation performance. We also discussed the managerial implications and risks during the open innovation implementation. Finally, we suggested several future research directions for open innovation.

Original languageEnglish
Pages (from-to)279-287
Number of pages9
JournalInformation Technology and Management
Volume17
Issue number3
DOIs
Publication statusPublished - 1 Sept 2016
Externally publishedYes

Keywords

  • Innovation performance
  • Managerial implications
  • Open innovation
  • Risk avoiding

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