Inbound and Outbound Open Innovation: Organization and Performances
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| Format: | Artículo científico |
| Langue: | en |
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Universidad Alberto Hurtado
2014
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| _version_ | 1876457942317793280 |
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| author | Francesca Michelino |
| author_facet | Francesca Michelino |
| contents | Inbound and Outbound Open Innovation: Organization and Performances Francesca Michelino Mauro Caputo Antonello Cammarano Emilia Lamberti Ingeniería bio Keywords open innovation r&d organization financial performances The aim of the paper is to analyse the relationships between the openness degree of companies and their 1) context features, 2) R&D organization and 3) financial performances. The openness degree is defined after a pecuniary approach, involving all the transactions in the innovation market. Hypotheses are formulated and, then, tested on a sample of 126 world top R&D spending bio-pharmaceutical companies for the period 2008-2012. Open innovation is more pervasive among small and young companies, for most of which it represents the very core business. Inbound and outbound practices have a similar diffusion in terms of number of companies adopting them, but the cumulative values of inbound flows are higher, whereas outbound flows are more relevant when compared to the total business of the firms. Inbound practices are substitutive to internal R&D activities, while outbound ones are complementary to internal development. The performances of companies have an inverted-U shape trend versus inbound practices and a fundamentally decreasing trend versus outbound ones. 2014 artículo científico 0718-2724 https://www.redalyc.org/articulo.oa?id=84732227005 en http://www.redalyc.org/revista.oa?id=847 Journal of Technology Management & Innovation application/pdf Universidad Alberto Hurtado Journal of Technology Management & Innovation (Chile) Num.3 Vol.9 |
| format | Artículo científico |
| id | redalyc_84732227005 |
| institution | Redalyc |
| language | en |
| publishDate | 2014 |
| publisher | Universidad Alberto Hurtado |
| spellingShingle | Inbound and Outbound Open Innovation: Organization and Performances Francesca Michelino Ingeniería bio Keywords open innovation r&d organization financial performances Inbound and Outbound Open Innovation: Organization and Performances Francesca Michelino Mauro Caputo Antonello Cammarano Emilia Lamberti Ingeniería bio Keywords open innovation r&d organization financial performances The aim of the paper is to analyse the relationships between the openness degree of companies and their 1) context features, 2) R&D organization and 3) financial performances. The openness degree is defined after a pecuniary approach, involving all the transactions in the innovation market. Hypotheses are formulated and, then, tested on a sample of 126 world top R&D spending bio-pharmaceutical companies for the period 2008-2012. Open innovation is more pervasive among small and young companies, for most of which it represents the very core business. Inbound and outbound practices have a similar diffusion in terms of number of companies adopting them, but the cumulative values of inbound flows are higher, whereas outbound flows are more relevant when compared to the total business of the firms. Inbound practices are substitutive to internal R&D activities, while outbound ones are complementary to internal development. The performances of companies have an inverted-U shape trend versus inbound practices and a fundamentally decreasing trend versus outbound ones. 2014 artículo científico 0718-2724 https://www.redalyc.org/articulo.oa?id=84732227005 en http://www.redalyc.org/revista.oa?id=847 Journal of Technology Management & Innovation application/pdf Universidad Alberto Hurtado Journal of Technology Management & Innovation (Chile) Num.3 Vol.9 |
| title | Inbound and Outbound Open Innovation: Organization and Performances |
| topic | Ingeniería bio Keywords open innovation r&d organization financial performances |
| url | https://www.redalyc.org/articulo.oa?id=84732227005 |