The Influence of Openness to Innovation Performance in Chinese Firms
Open innovation can speed innovation; reduce the uncertainty of technology and market. It could also provide access to more ideas than could be developed inhouse. By leveraging the discoveries of others, companies can produce spectacular results. Too open will bring negative impacts also because of the costs for searching and the leakage of key technology. This paper empirically verifies the relationship between the degree of openness and the innovation performance. We find that the more open in the innovation process, the higher innovation performance would be. This paper finds that the negative impact is insignificant. It is because the degree of openness is not enough for Chinese firms. The ability of using and integrating external knowledge is crucial for Chinese firms to improve the technological innovation capability.
Open Innovation Openness Innovation Performance
CHEN Jin CHEN Yufen
School of Public Administration, Zhejiang University Hangzhou, Zhejiang, China School of statistics and mathematics, Zhejiang Gongshang University Hangzhou, Zhejiang, China
国际会议
The Fifth InternationalSymposium on Management of Technology(ISMOT07)(第五届技术与创新管理国际研讨会)
杭州
英文
249-253
2007-06-01(万方平台首次上网日期,不代表论文的发表时间)