2015
DOI: 10.1002/smj.2375
|View full text |Cite
|
Sign up to set email alerts
|

Open innovation: Are inbound and outbound knowledge flows really complementary?

Abstract: One novel implication of the open innovation paradigm is that inflows and outflows of knowledge are complementary. We argue that engaging simultaneously in buying and selling knowledge should allow firms to increase innovation outcomes. At the same time, we identify some of the relevant costs (cognitive, transaction, and organizational costs) that "open" firms can reduce by combining knowledge inflows and outflows. Empirically, however, we find no evidence for such complementarity in a sample of Belgian manufa… Show more

Help me understand this report

Search citation statements

Order By: Relevance

Paper Sections

Select...
3
2

Citation Types

5
240
1
4

Year Published

2017
2017
2024
2024

Publication Types

Select...
7

Relationship

0
7

Authors

Journals

citations
Cited by 288 publications
(250 citation statements)
references
References 39 publications
5
240
1
4
Order By: Relevance
“…fear of opportunism) and organisational costs (e.g. time) (Cassiman and Valentini, 2016). These may manifest as worse time to market and product success, slower and more expensive product development projects (Knudsen and Mortensen, 2011;Czarnitzki and Thorwarth, 2012;Tranekjer and Søndergaard, 2013;Faems et al, 2010), as well as reduced market share (Fosfuri, 2006).…”
Section: Organising For Oimentioning
confidence: 99%
See 3 more Smart Citations
“…fear of opportunism) and organisational costs (e.g. time) (Cassiman and Valentini, 2016). These may manifest as worse time to market and product success, slower and more expensive product development projects (Knudsen and Mortensen, 2011;Czarnitzki and Thorwarth, 2012;Tranekjer and Søndergaard, 2013;Faems et al, 2010), as well as reduced market share (Fosfuri, 2006).…”
Section: Organising For Oimentioning
confidence: 99%
“…While the theoretical rationale of OI advocates for the joint adoption of inbound and outbound practices, empirical evidence challenges this complementarity argument. Interestingly, the investigation of Cassiman and Valentini (2016) reveal that buying and selling knowledge simultaneously yield a decrease in total innovation productivity.…”
Section: Organising For Oimentioning
confidence: 99%
See 2 more Smart Citations
“…In the pursuit of innovation, many companies have adopted the open innovation approach and try to benefit from external ideas and inventions (Cassiman and Valentini, 2016;Chesbrough, 2011;Przybylska, 2013). Collecting ideas through crowdsourcing has become a common practice in open innovation (Bayus, 2013;Howe, 2006;Poetz and Schreier, 2012).…”
Section: Introductionmentioning
confidence: 99%