Open innovation - The discussion of ensuring innovational output during times of uncertainty
(2021) BUSN09 20211Department of Business Administration
- Abstract
- Purpose: This study aims to add and extend onto the existing studies regarding open innovation
in SMEs but to tackle it from a neglected angle that is operating during times of uncertainty.
Additionally, this study seeks to explore the mechanisms which SMEs use to reduce R&D budgets,
increase the quality of innovations and continue the pace of innovations during the COVID-19
pandemic.
Methodology: In order to fulfill the purpose of this research, a mixed approach was adopted. The
qualitative approach included a multi-case study in which the data was collected through semistructured
interviews. The quantitative approach included a mix of both open and closed-ended
questionnaire questions.
Theoretical Perspectives: This study is... (More) - Purpose: This study aims to add and extend onto the existing studies regarding open innovation
in SMEs but to tackle it from a neglected angle that is operating during times of uncertainty.
Additionally, this study seeks to explore the mechanisms which SMEs use to reduce R&D budgets,
increase the quality of innovations and continue the pace of innovations during the COVID-19
pandemic.
Methodology: In order to fulfill the purpose of this research, a mixed approach was adopted. The
qualitative approach included a multi-case study in which the data was collected through semistructured
interviews. The quantitative approach included a mix of both open and closed-ended
questionnaire questions.
Theoretical Perspectives: This study is based on the open innovation mechanisms as defined by
Chesbrough & Bogers (2014), particularly open innovation mechanisms during times of
uncertainty and, in this case, the COVID-19 pandemic.
Empirical Foundation: The objects studied in this research are six different SMEs located within
developed countries within a case study and 228 SMEs located in Scandinavia as part of a
questionnaire.
Findings: The research findings show that the sectors impacted most by the pandemic were the
ones to adopt innovations rapidly. Additionally, the results showed that the mechanisms of
adopting these innovations were inbound and, more specifically, through the in-licensing of
intellectual property. The most typical manner in which these innovative partners and collaborators
were found was through personal connection, company referrals, and through intermediaries such
as LinkedIn. (Less)
Please use this url to cite or link to this publication:
http://lup.lub.lu.se/student-papers/record/9055869
- author
- Evertse, Lucas Bob LU and Aboul Hosn, Sarah LU
- supervisor
- organization
- course
- BUSN09 20211
- year
- 2021
- type
- H1 - Master's Degree (One Year)
- subject
- keywords
- Open Innovation, SME, Times of uncertainty
- language
- English
- id
- 9055869
- date added to LUP
- 2021-06-29 10:28:33
- date last changed
- 2021-06-29 10:28:33
@misc{9055869,
abstract = {{Purpose: This study aims to add and extend onto the existing studies regarding open innovation
in SMEs but to tackle it from a neglected angle that is operating during times of uncertainty.
Additionally, this study seeks to explore the mechanisms which SMEs use to reduce R&D budgets,
increase the quality of innovations and continue the pace of innovations during the COVID-19
pandemic.
Methodology: In order to fulfill the purpose of this research, a mixed approach was adopted. The
qualitative approach included a multi-case study in which the data was collected through semistructured
interviews. The quantitative approach included a mix of both open and closed-ended
questionnaire questions.
Theoretical Perspectives: This study is based on the open innovation mechanisms as defined by
Chesbrough & Bogers (2014), particularly open innovation mechanisms during times of
uncertainty and, in this case, the COVID-19 pandemic.
Empirical Foundation: The objects studied in this research are six different SMEs located within
developed countries within a case study and 228 SMEs located in Scandinavia as part of a
questionnaire.
Findings: The research findings show that the sectors impacted most by the pandemic were the
ones to adopt innovations rapidly. Additionally, the results showed that the mechanisms of
adopting these innovations were inbound and, more specifically, through the in-licensing of
intellectual property. The most typical manner in which these innovative partners and collaborators
were found was through personal connection, company referrals, and through intermediaries such
as LinkedIn.}},
author = {{Evertse, Lucas Bob and Aboul Hosn, Sarah}},
language = {{eng}},
note = {{Student Paper}},
title = {{Open innovation - The discussion of ensuring innovational output during times of uncertainty}},
year = {{2021}},
}