Open innovation: Are inbound and outbound knowledge flows really complementary?
Summary. This paper tests whether firms benefit from simultaneously engaging in inbound and outbound knowledge flows, as open innovation theory suggests. Using data from Belgian manufacturing firms, the authors find that while companies buying and selling knowledge do increase new product sales, their R&D costs rise disproportionately. The results show no complementarity between knowledge inflows and outflows, suggesting that the organizational costs of managing open innovation are higher than theory predicts.
Cite this article
Cassiman, B., & Valentini, G.. (2015). Open innovation: Are inbound and outbound knowledge flows really complementary?. Strategic Management Journal. https://doi.org/10.1002/smj.2375
Cassiman, Bruno, and Giovanni Valentini. “Open innovation: Are inbound and outbound knowledge flows really complementary?.” Strategic Management Journal, 2015. https://doi.org/10.1002/smj.2375.
Cassiman, Bruno, and Giovanni Valentini. 2015. “Open innovation: Are inbound and outbound knowledge flows really complementary?.” Strategic Management Journal. https://doi.org/10.1002/smj.2375.
@article{cassiman-2015-open-innovation-inbound-outbound-knowledge,
title = {Open innovation: Are inbound and outbound knowledge flows really complementary?},
author = {Bruno Cassiman and Giovanni Valentini},
journal = {Strategic Management Journal},
year = {2015},
doi = {10.1002/smj.2375},
url = {https://doi.org/10.1002/smj.2375}
}
TY - JOUR TI - Open innovation: Are inbound and outbound knowledge flows really complementary? AU - Bruno Cassiman AU - Giovanni Valentini JO - Strategic Management Journal PY - 2015 DO - 10.1002/smj.2375 UR - https://doi.org/10.1002/smj.2375 ER -
Details
- DOI
- 10.1002/smj.2375
- Countries
- Belgium
- Regions
- Europe
- Categories
- innovation-theory, general-innovation
- Added
- 2026-04-28