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Linking strategy with open innovation and performance in SMEs

Maria Crema, Chiara Verbano, Karen Venturini · 2014 · Measuring Business Excellence

Summary. This study examines how business strategy influences open innovation practices and performance in small and medium enterprises. Using survey data from 107 Italian manufacturing firms, the researchers found that companies pursuing innovation strategies invest heavily in technical skills, diversification-focused firms rely on managerial open innovation practices, and efficiency-focused firms adopt open innovation with less emphasis on core competencies. The results demonstrate clear linkages between strategic choices, openness levels, and firm performance.

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Crema, M., Verbano, C., & Venturini, K.. (2014). Linking strategy with open innovation and performance in SMEs. Measuring Business Excellence. https://doi.org/10.1108/mbe-07-2013-0042

Details

DOI
10.1108/mbe-07-2013-0042
Countries
Italy
Regions
Europe
Categories
entrepreneurship, innovation-theory, general-innovation
Added
2026-04-28