Open for innovation: the role of openness in explaining innovation performance among U.K. manufacturing firms

Keld Laursen, Ammon Salter · 2005 · Strategic Management Journal

Summary. U.K. manufacturing firms that search widely for external ideas and sources show better innovation performance, but only up to a point. Beyond optimal breadth and depth of external search, performance declines. The relationship follows an inverted U-shape, meaning firms benefit from open innovation strategies but face diminishing returns when searching too extensively.

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Laursen, K., & Salter, A.. (2005). Open for innovation: the role of openness in explaining innovation performance among U.K. manufacturing firms. Strategic Management Journal. https://doi.org/10.1002/smj.507

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  title   = {Open for innovation: the role of openness in explaining innovation performance among U.K. manufacturing firms},
  author  = {Keld Laursen and Ammon Salter},
  journal = {Strategic Management Journal},
  year    = {2005},
  doi     = {10.1002/smj.507},
  url     = {https://doi.org/10.1002/smj.507}
}

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TI  - Open for innovation: the role of openness in explaining innovation performance among U.K. manufacturing firms
AU  - Keld Laursen
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Details

DOI: 10.1002/smj.507
Countries: United Kingdom
Regions: Europe
Categories: innovation-theory, innovation-networks, general-innovation
Added: 2026-04-28