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Impact of innovation strategy, absorptive capacity, and open innovation on SME performance: A Chilean case study

Omar Carrasco-Carvajal, Domingo García-Pérez-de-Lema, Mauricio Castillo‐Vergara · 2023 · Journal of Open Innovation Technology Market and Complexity

Summary. Absorptive capacity significantly influences how Chilean manufacturing SMEs adopt open innovation practices and develop innovation strategies. Innovation strategy fully mediates the relationship between absorptive capacity and inbound open innovation, while partially mediating the relationship with outbound open innovation. Open innovation practices directly improve SME performance. The findings offer guidance for policymakers and managers seeking to enhance competitiveness through strategic innovation.

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Carrasco-Carvajal, O., García-Pérez-de-Lema, D., & Castillo‐Vergara, M.. (2023). Impact of innovation strategy, absorptive capacity, and open innovation on SME performance: A Chilean case study. Journal of Open Innovation Technology Market and Complexity. https://doi.org/10.1016/j.joitmc.2023.100065

Details

DOI
10.1016/j.joitmc.2023.100065
Countries
Chile
Regions
South America
Categories
entrepreneurship, innovation-networks, regional-innovation-systems, general-innovation
Added
2026-04-28