Research Articles

Inbound and Outbound Open Innovation: Organization and Performances

Autores/as

  • Francesca Michelino Università degli Studi di Salerno
  • Mauro Caputo Università degli Studi di Salerno
  • Antonello Cammarano Università degli Studi di Salerno
  • Emilia Lamberti Università degli Studi di Roma Tor Vergata

DOI:

https://doi.org/10.4067/S0718-27242014000300005

Resumen

The aim of the paper is to analyse the relationships between the openness degree of companies and their 1) context features, 2) R&D organization and 3) financial performances. The openness degree is defined after a pecuniary approach, involving all the transactions in the innovation market. Hypotheses are formulated and, then, tested on a sample of 126 world top R&D spending bio-pharmaceutical companies for the period 2008-2012. Open innovation is more pervasive among small and young companies, for most of which it represents the very core business. Inbound and outbound practices have a similar diffusion in terms of number of companies adopting them, but the cumulative values of inbound flows are higher, whereas outbound flows are more relevant when compared to the total business of the firms. Inbound practices are substitutive to internal R&D activities, while outbound ones are complementary to internal development. The performances of companies have an inverted-U shape trend versus inbound practices and a fundamentally decreasing trend versus outbound ones.

Palabras clave:

  • Open innovation
  • Inbound open innovation
  • Outbound open innovation
  • R&D organization
  • Financial performances
  • Bio-pharmaceutical industry.

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Biografía del autor/a

Francesca Michelino, Università degli Studi di Salerno

Department of Industrial Engineering

Adjunct Professor of Marketing and Supply Chain Management

Mauro Caputo, Università degli Studi di Salerno

Department of Industrial Engineering

Full Professor of Innovation and Technology Management

Antonello Cammarano, Università degli Studi di Salerno

PhD Student in Innovation Economy and Engineering

Emilia Lamberti, Università degli Studi di Roma Tor Vergata

PhD Student in Enterprise Engineering

Citas

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Recibido

2014-05-12

Aceptado

2014-09-01

Publicado

2014-09-24

Cómo citar

Michelino, F., Caputo, M., Cammarano, A., & Lamberti, E. (2014). Inbound and Outbound Open Innovation: Organization and Performances. Journal of Technology Management and Innovation, 9(3), 65–82. https://doi.org/10.4067/S0718-27242014000300005

Número

Vol. 9 Núm. 3 (2014)

Sección

Research Articles

Licencia

Derechos de autor 2014 Journal of Technology Management & Innovation

Creative Commons License

Esta obra está bajo una licencia internacional Creative Commons Atribución-CompartirIgual 4.0.

 

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