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Testing the Schumpeterian hypotheses on an open innovation framework

Francesco D. Sandulli (Organizacion de Empresas, Universidad Complutense de Madrid, Madrid, Spain)
Jose Fernandez‐Menendez (Organizacion de Empresas, Universidad Complutense de Madrid, Madrid, Spain)
Antonio Rodriguez‐Duarte (Organizacion de Empresas, Universidad Complutense de Madrid, Madrid, Spain)
José Ignacio Lopez‐Sanchez (Organizacion de Empresas, Universidad Complutense de Madrid, Madrid, Spain)

Management Decision

ISSN: 0025-1747

Article publication date: 27 July 2012

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Abstract

Purpose

The purpose of this paper is to explore the unclear relationship between industry structure and open innovation.

Design/methodology/approach

The focus of the study is on firms that received external help to develop their products or that helped third parties in developing their products. The hypotheses were tested on a large panel of more than 7,000 firms using generalized estimating equations.

Findings

The results show that open innovation adoption is positively related to technology complexity and market uncertainty while it is negatively related to market concentration. Larger firms are more likely to adopt open innovation strategies.

Originality/value

The research makes an important contribution to the literature by examining on a large sample of firms the moderating effects of industry concentration, industry research and development intensity and the technology life cycle stage on the adoption of open innovation.

Keywords

Citation

Sandulli, F.D., Fernandez‐Menendez, J., Rodriguez‐Duarte, A. and Lopez‐Sanchez, J.I. (2012), "Testing the Schumpeterian hypotheses on an open innovation framework", Management Decision, Vol. 50 No. 7, pp. 1222-1232. https://doi.org/10.1108/00251741211246978

Publisher

:

Emerald Group Publishing Limited

Copyright © 2012, Emerald Group Publishing Limited

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