Open Innovation Moves in SMEs: How European SMEs Place Their Bets

By • on July 5, 2022

The University of Brighton website posted an article which noted that although Open Innovation (OI) may be a source of opportunities for Small and Medium Enterprises (SMEs), it also represents risks. How SMEs manage the balance between potential benefits and associated risks remains an overlooked topic in the literature. In parallel, recognizing the need for a more fine-grained level of analysis, we introduce the concept of OI moves to disentangle the OI projects of SMEs. An ‘OI move’ is defined as the set of managerial decisions and actions that are executed to reach specific innovation outputs in the framework of a collaboration with a single partner that is conducted as a part of an OI project.

Click here to read the full abstract of the article.

Image via Flickr.

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