← All articles

Photo · Gordon More

Open innovation: Are inbound and outbound knowledge flows really complementary?

Bruno Cassiman, Giovanni Valentini · 2015 · Strategic Management Journal

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.

Read the original

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

Details

DOI
10.1002/smj.2375
Countries
Belgium
Regions
Europe
Categories
innovation-theory, general-innovation
Added
2026-04-28