The Relationship between Open Innovation and Innovation Persistence: A Contingency Framework
Date
2021-06
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North South Business Review
Volume
11
Issue
2
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Abstract
Managers face alternatives in sourcing intellectual property and new ideas to fuel innovation. The traditional focus on in-house research is giving way to open innovation in which firms depend on external sources for technologies to use in new products and services. This article introduces a framework that identifies generic innovation pathways, how choices in one period influence later options, and likely outcomes in terms of creating innovation persistence. R&D managers will appreciate the framework as a tool that aids decision-making. The framework provides scholars with a foundation to guide future empirical research on the links between innovation form and outcome
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North South University