Establishing Open Innovation Culture in Cluster Initiatives
The Science Direct website posted a research paper which studied the performance of firms located in clusters. It examined inbound and outbound open innovation in terms of organizational culture in a geographic cluster. It found that agglomeration effects lead to higher trust and information asymmetries in the cluster initiative and also that higher trust fosters open innovation culture whereas information asymmetries reduce it. It also found that membership in cluster initiative increases effects of trust and information asymmetries on open innovation culture.
Click here to read more and to download the study.