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Open innovation in SMEs: A process view towards business model innovation

Ekaterina Albats, Daria Podmetina, Wim Vanhaverbeke · 2021 · Journal of Small Business Management

Summary. Small and medium-sized enterprises transform their business models through open innovation by collaborating with external partners. This study examines European SMEs undergoing business model transformation, identifying key triggers including market turbulence, competition, and production scaling. The research reveals how SMEs navigate challenges in adopting open business models to overcome their size disadvantages and remain competitive.

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Albats, E., Podmetina, D., & Vanhaverbeke, W.. (2021). Open innovation in SMEs: A process view towards business model innovation. Journal of Small Business Management. https://doi.org/10.1080/00472778.2021.1913595

Details

DOI
10.1080/00472778.2021.1913595
Countries
Austria, Belgium, Finland, Germany, Netherlands, Spain, Sweden
Regions
Europe
Categories
entrepreneurship, innovation-theory, regional-innovation-systems, general-innovation
Added
2026-04-28