Open for innovation: the role of openness in explaining innovation performance among U.K. manufacturing firms.

Authors :: Laursen, Keld
Salter, Ammon
Source :: Strategic Management Journal (John Wiley & Sons, Inc.) - 1980 to 2009; Feb2006, Vol. 27 Issue 2, p131-150, 20p, 6 Charts, 2 Graphs
Publication Year :: 2006
Abstract: A central part of the innovation process concerns the way firms go about organizing search for new ideas that have commercial potential. New models of innovation have suggested that many innovative firms have changed the way they search for new ideas, adopting open search strategies that involve the use of a wide range of external actors and sources to help them achieve and sustain innovation. Using a large-scale sample of industrial firms, this paper links search strategy to innovative performance, finding that searching widely and deeply is curvilinearly (taking an inverted U-shape) related to performance. Copyright © 2005 John Wiley & Sons, Ltd. [ABSTRACT FROM AUTHOR]

Subjects :: TECHNOLOGICAL innovations
MANUFACTURING industries
INDUSTRIES
STRATEGIC planning
COPYRIGHT
IDEA (Philosophy)
BUSINESS planning
NEW product development

Language :: English
ISSN :: 01432095
Volume :: 27
Issue :: 2
Database :: Complementary Index
Journal :: Strategic Management Journal (John Wiley & Sons, Inc.) - 1980 to 2009
Publication Type :: Academic Journal
Accession number :: 19267657
Full Text :: https://doi.org/10.1002/smj.507

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