THE IMPACTS OF OPEN INNOVATION STRATEGIES ON INNOVATIVE PERFORMANCE: THE CASE OF COLOMBIAN FOOD AND BEVERAGE FIRMSReport as inadecuate




THE IMPACTS OF OPEN INNOVATION STRATEGIES ON INNOVATIVE PERFORMANCE: THE CASE OF COLOMBIAN FOOD AND BEVERAGE FIRMS - Download this document for free, or read online. Document in PDF available to download.

DIEM : Dubrovnik International Economic Meeting, Vol.2 No.1 October 2015. -

The Open Innovation theory has received great attention in the international literature, but their study is non-existent in Colombias academic spectrum. In this sense, the aim of this paper is to fulfil such academic gap by the identification of the open innovation strategies effects on firms innovative performance, measured by the share of innovative sales. The partners and objectives of cooperation were the main open innovation strategy used for the estimations. The analysis was made taking into account three different novelty levels of innovations. We conducted the analysis with a sample of 1404 Colombian agrifood industries, finding that in early stages of the innovation process the main strategy of open innovation to impact firms performance is to cooperate with suppliers. Meanwhile, at a radical level, cooperation with the objective of R&D is the key OI strategy to improve the innovative performance.

open innovation; cooperation agreements; innovative performance



Author: Luis Fuenmayor Vergara Fuenmayor Vergara - ; Instituto de Estudios Económicos del Caribe, Universidad del Norte, Colombia José

Source: http://hrcak.srce.hr/



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