Implementation of Open Innovation in The Small and Medium-Size enterprise (SMEs): A Literature Review

Farid, Muhammad and Day, Jen Der (2019) Implementation of Open Innovation in The Small and Medium-Size enterprise (SMEs): A Literature Review. Journal of Physics: Conf. Series, 1244. pp. 1-9. ISSN 17426588

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Official URL: https://10.1088/1742-6596/1244/1/012041

Abstract

Abstract This study is a systematic literature review of three academic articles. It aims to investigate and explore the implementation of open innovation in SMEs. The review was conducted in three phases: (i) understanding the concept of innovation and open innovation; (ii) identifying references and (iii) exploring primary study which explains about the implementation of open innovation in SMEs. Finally, this paper examines how the concept of open innovation in SMEs is implemented in different countries. The result shows that open innovation in SMEs focus more on commercialization because marketing channels and global contacts to introduce them effectively to the market. Implementation of open innovation in SMEs has a significant impact to the company in the aspect of 1) motives and perceived challenges, 2) leadership, people, culture, and business improvement; 3) company size on the effectiveness of innovation endures.

Item Type: Article
Uncontrolled Keywords: open innovation, implementation, SMEs, literature review
Subjects: KARYA ILMIAH DOSEN
Universitas Negeri Makassar > KARYA ILMIAH DOSEN
Divisions: KOLEKSI KARYA ILMIAH UPT PERPUSTAKAAN UNM MENURUT FAKULTAS > KARYA ILMIAH DOSEN
KARYA ILMIAH DOSEN
Depositing User: Herling HR Sahade
Date Deposited: 15 Jul 2021 15:15
Last Modified: 18 Jul 2022 15:38
URI: http://eprints.unm.ac.id/id/eprint/20751

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