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Social media: open innovation in SMEs finds new support

Emma L. Hitchen, Petra A. Nylund, Xavier Ferràs, Sergi Mussons · 2017 · Journal of Business Strategy

Summary. Small and medium-sized enterprises use social media to conduct open innovation with limited resources. The study of a startup called Aurea Productiva reveals how Web 2.0 tools create opportunities and challenges for collaborative innovation. SMEs can leverage social media by developing strategies that emphasize resource sharing, clearly communicating their vision, and building frameworks that enable external collaboration.

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Hitchen, E. L., Nylund, P. A., Ferràs, X., & Mussons, S.. (2017). Social media: open innovation in SMEs finds new support. Journal of Business Strategy. https://doi.org/10.1108/jbs-02-2016-0015

Details

DOI
10.1108/jbs-02-2016-0015
Countries
Spain
Regions
Europe
Categories
entrepreneurship, innovation-networks, general-innovation
Added
2026-04-28