← All articles

Photo · Gordon More

Open for Entrepreneurship: How Open Innovation Can Foster New Venture Creation

Nazanin Eftekhari, Marcel Bogers · 2015 · Creativity and Innovation Management

Summary. Open innovation practices significantly improve startup survival rates. The study examined successful and failed ventures to identify key factors: ecosystem collaboration, user involvement, and open organizational environments all directly enhance new venture survival. An entrepreneur's open mindset moderates these effects. The findings offer practical guidance for entrepreneurs, investors, and policymakers seeking to support successful new ventures.

Read the original

Cite this article

Eftekhari, N., & Bogers, M.. (2015). Open for Entrepreneurship: How Open Innovation Can Foster New Venture Creation. Creativity and Innovation Management. https://doi.org/10.1111/caim.12136

Details

DOI
10.1111/caim.12136
Countries
Denmark
Regions
Europe
Categories
entrepreneurship, innovation-networks, general-innovation
Added
2026-04-28