An Analysis of Open Innovation Strategies in Firms in Low and Medium Technology Industries

By • on June 4, 2019

The IEEE Transactions website posted a study analyzes how firms in low and medium technology industries implement their OI strategy. It explores common patterns in OI strategies by considering inbound, outbound, and coupled OI practices. It also examines whether there are differences in innovation performance among companies adopting a specific OI strategy. Based on the relevance of the different OI practices, it identifies three types of OI firms: advanced open innovators, intermediate open innovators, and incipient open innovators.

Click here to read the abstract of the article.

Image via Flickr.

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