Managing Open Innovation: A Project-Level Perspective

The IEEExpress website noted that project-level studies on open innovation management are still scant and there is a lack of quantitative insights. Based on a survey designed to collect detailed data from 201 innovation projects, this article provides a quantitative cross-project analysis of how two, key innovation project attributes (i.e., complexity and uncertainty) are related to five factors for successful open innovation management: 1) openness level, 2) external partner choice, 3) open innovation mechanism choice, 4) collaboration process formalization, and 5) internal firm practices. This exploratory study contributes to the open innovation literature by highlighting the importance of microfoundations (i.e., innovation project attributes) in successful open innovation management.

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