Open Innovation Within High-Tech SMEs: The Entrepreneurial Founder’s Influence on Open Innovation Practices

By • on February 15, 2021

The Science Direct website reported on a study which aims to deepen our knowledge of the SME ‘human’ role within open innovation adoption. To achieve this, the study explores how the SME leader, namely the founder/CEO managerial characteristics influence the SMEs open innovation adoption dynamics. The findings demonstrate that SME open innovation adoption is exemplified by a project based as opposed to an organizational level rationale and a natural tendency to pivot back towards the closed paradigm through a ‘switchback’ strategy once the need has been addressed. The study also provides insights into how the founder/CEO’s characteristics influence Open Innovation adoption dynamics.

Click here to read the article abstract.

Image via Flickr.

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