Open innovation: a new classification and its impact on firm performance in innovative SMEs

Joon Mo Ahn, Tim Minshall, Letizia Mortara · 2015 · Journal of Innovation Management

Summary. Open innovation practices boost performance in Korean small and medium-sized enterprises. The study of 306 innovative SMEs found that broad engagement with external partners, particularly through joint R&D, user involvement, and open sourcing, improves firm performance. SMEs gain most from collaborating with non-competing partners like customers, consultants, and public research institutes. The research proposes a new classification framework for studying how SMEs adopt and implement open innovation.

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Ahn, J. M., Minshall, T., & Mortara, L.. (2015). Open innovation: a new classification and its impact on firm performance in innovative SMEs. Journal of Innovation Management. https://doi.org/10.24840/2183-0606_003.002_0006

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  title   = {Open innovation: a new classification and its impact on firm performance in innovative SMEs},
  author  = {Joon Mo Ahn and Tim Minshall and Letizia Mortara},
  journal = {Journal of Innovation Management},
  year    = {2015},
  doi     = {10.24840/2183-0606_003.002_0006},
  url     = {https://doi.org/10.24840/2183-0606_003.002_0006}
}

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Details

DOI: 10.24840/2183-0606_003.002_0006
Countries: South Korea
Regions: Asia
Categories: entrepreneurship, innovation-networks, innovation-theory, general-innovation
Added: 2026-04-28