Journal
INTERNATIONAL JOURNAL OF INNOVATION MANAGEMENT
Volume 23, Issue 1, Pages -Publisher
WORLD SCIENTIFIC PUBL CO PTE LTD
DOI: 10.1142/S1363919619500026
Keywords
Open innovation; open innovation definition; academic perception of open innovation; business perception of open innovation; open innovation activity; open innovation in Europe; open innovation self-perception; survey; quantitative research
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Funding
- European Union Lifelong Learning Programme [2013-3830]
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Since the first appearance of 'open innovation' as a theoretical concept in 2003, the debates on its essence still continue among academics, while its interpretations within the business community also seem to differ from one company to another. Using a survey of 251 companies operating in Europe, in this research, we compare the perceptions of open innovation that exist within both the academic and business worlds, to assist in the conceptual development of the phenomenon. Our research reveals a mismatch in these perceptions, as only a few activities counted as 'open' by innovation scholars appear to affect companies' self-reported state of open innovation implementation. Moreover, our research has shown differences in the interpretation of open innovation among companies of different sizes. Only free revealing, acknowledged by scholars as one of the open innovation practices, has been recognised as such a practice by all the studied firms. This paper contributes to conceptualisation of 'open innovation' and shares practical insights on bridging academia and business perceptions of it.
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