The Role of Sequential Coherence in Open Innovation:
The International Conference on Business Research posted a study which noted that open innovation does not always increase innovation performance. Extant literature provides inconsistent and inconclusive arguments in respect of the relationship between open innovation practices and innovation performance. Existing theories mostly have an internal focus and fall short of explaining why some firms succeed in open innovation initiatives and why others fail. Open innovation is about knowledge flows. To understand how boundary conditions influence knowledge flows we made a qualitative inquiry by studying open innovation initiatives of five Sri Lankan firms.
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