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The Practice of Open Innovation by SMEs in the Food Industry
- Source :
- Journal of Innovation Management; Vol. 8 No. 2 (2020); 26-46, Journal of Innovation Management, Vol 8, Iss 2, Pp 26-46 (2020)
- Publication Year :
- 2020
- Publisher :
- University of Porto, 2020.
-
Abstract
- This paper examines the practice of open innovation by Small and Medium-sized Enterprises (SMEs) in the food industry. We adopted a multiple case study approach and conducted in-depth semi-structured interviews with four food SMEs in the Flanders region of Belgium. The results of the analysis show that food SMEs practice open innovation mostly through inbound open innovation activities rather than outbound, mainly due to lack of sufficient resources. Food SMEs typically lack sufficient financial capital, technology, and human capital. Within inbound open innovation activities, collaboration with organizations is found to be a key element for food SMEs’ internal development and innovation of new products.
- Subjects :
- lcsh:Management. Industrial management
Food industry
Open Innovation Practice
SMEs
010501 environmental sciences
01 natural sciences
Human capital
Financial capital
Management of Technology and Innovation
0502 economics and business
lcsh:Technological innovations. Automation
Engineering (miscellaneous)
Industrial organization
0105 earth and related environmental sciences
Open innovation
lcsh:HD45-45.2
business.industry
05 social sciences
Outbound
Collaboration
lcsh:HD28-70
Inbound
Multiple case
Business
Element (criminal law)
050203 business & management
Subjects
Details
- ISSN :
- 21830606
- Volume :
- 8
- Database :
- OpenAIRE
- Journal :
- Journal of Innovation Management
- Accession number :
- edsair.doi.dedup.....009ddc5a044b093fc556432663ddb47b
- Full Text :
- https://doi.org/10.24840/2183-0606_008.002_0004