Journal ArticleDOI
Open Innovation in Small and Medium‐Sized Enterprises (SMEs): External Knowledge Sourcing Strategies and Internal Organizational Facilitators
TLDR
In this article, the authors explore how SMEs engage in external knowledge sourcing, a form of inbound open innovation, and empirically conceptualize a typology of strategic types of external knowledgeourcing, namely minimal, supply-chain, technology-oriented, application-oriented and full scope sourcing.Abstract:
In this paper we explore how SMEs engage in external knowledge sourcing, a form of inbound open innovation. We draw upon a sample of 1,411 SMEs and empirically conceptualize a typology of strategic types of external knowledge sourcing, namely minimal, supply-chain, technology-oriented, application-oriented, and full scope sourcing. Each strategy reflects the nature of external interactions and is linked to a distinct mixture of four internal practices for managing innovation. Both full-scope and application-oriented sourcing offer performance benefits and are associated with a stronger focus on managing innovation. However, they differ in their managerial focus on strategic and operational aspects.read more
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Journal ArticleDOI
Top management knowledge value, knowledge sharing practices, open innovation and organizational performance
TL;DR: In this article, the authors examined the antecedents and outcome of open innovation in SMEs and found that top management knowledge value and knowledge creating practices influence open innovation, which, in turn, influences organizational performance.
Journal ArticleDOI
Shifting intra- and inter-organizational innovation processes towards digital business: An empirical analysis of SMEs
TL;DR: In this paper, the role of ICTs and big data in intra-and interorganizational ties and the consequent effects on enterprises' innovation performance is investigated via structural equation modeling (SEM).
Journal ArticleDOI
Knowledge driven preferences in informal inbound open innovation modes. An explorative view on small to medium enterprises
TL;DR: The empirical research was conducted on 175 small to medium enterprises in the United Kingdom, suggesting that the knowledge-driven approach is the strongest determinant, leading to a preference for informal inbound OI modes.
Journal ArticleDOI
Improving innovation performance through knowledge acquisition: the moderating role of employee retention and human resource management practices
TL;DR: The results indicate that knowledge acquisition positively affects innovation performance and that HRM moderates the relationship between knowledge acquisition and innovation performance.
Journal ArticleDOI
Industry 4.0: Adoption challenges and benefits for SMEs
Tariq Masood,Paul Sonntag +1 more
TL;DR: Flexibility, cost, efficiency, quality and competitive advantage are found to be the key benefits to Industry 4.0 adoption in SMEs.
References
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The moderator–mediator variable distinction in social psychological research: Conceptual, strategic, and statistical considerations.
Reuben M. Baron,David A. Kenny +1 more
TL;DR: This article seeks to make theorists and researchers aware of the importance of not using the terms moderator and mediator interchangeably by carefully elaborating the many ways in which moderators and mediators differ, and delineates the conceptual and strategic implications of making use of such distinctions with regard to a wide range of phenomena.
Book ChapterDOI
Firm Resources and Sustained Competitive Advantage
TL;DR: In this article, the authors examined the link between firm resources and sustained competitive advantage and analyzed the potential of several firm resources for generating sustained competitive advantages, including value, rareness, imitability, and substitutability.
Journal ArticleDOI
Multivariate Data Analysis
TL;DR: In this paper, a six-step framework for organizing and discussing multivariate data analysis techniques with flowcharts for each is presented, focusing on the use of each technique, rather than its mathematical derivation.
Journal ArticleDOI
Absorptive capacity: a new perspective on learning and innovation
TL;DR: In this paper, the authors argue that the ability of a firm to recognize the value of new, external information, assimilate it, and apply it to commercial ends is critical to its innovative capabilities.
Book
Econometric Analysis of Cross Section and Panel Data
TL;DR: This is the essential companion to Jeffrey Wooldridge's widely-used graduate text Econometric Analysis of Cross Section and Panel Data (MIT Press, 2001).