Exploring the impact of open innovation on firm performances

Mauro Caputo, Emilia Lamberti, Antonello Cammarano, Francesca Michelino · 2016 · Management Decision

Summary. This study examines how open innovation practices affect firm performance in bio-pharmaceutical companies. Analyzing 110 major R&D spenders from 2008-2012, the researchers found that increased openness reduces R&D productivity and patent revenue ratios, but boosts sales growth. Operating profit shows an inverted U-relationship with inbound innovation and a U-shape with outbound innovation. The findings reveal that openness produces mixed financial and innovation outcomes, requiring managers to carefully balance collaborative innovation strategies.

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@article{caputo-2016-exploring-impact-open-innovation-firm,
  title   = {Exploring the impact of open innovation on firm performances},
  author  = {Mauro Caputo and Emilia Lamberti and Antonello Cammarano and Francesca Michelino},
  journal = {Management Decision},
  year    = {2016},
  doi     = {10.1108/md-02-2015-0052},
  url     = {https://doi.org/10.1108/md-02-2015-0052}
}

TY  - JOUR
TI  - Exploring the impact of open innovation on firm performances
AU  - Mauro Caputo
AU  - Emilia Lamberti
AU  - Antonello Cammarano
AU  - Francesca Michelino
JO  - Management Decision
PY  - 2016
DO  - 10.1108/md-02-2015-0052
UR  - https://doi.org/10.1108/md-02-2015-0052
ER  - 

Details

DOI

10.1108/md-02-2015-0052

Countries

Italy

Regions

Europe

Categories

innovation-theory, innovation-networks, general-innovation

Added

2026-04-28