Inbound and Outbound Open Innovation: Organization and Performances

Francesca Michelino, Mauro Caputo, Antonello Cammarano, Emilia Lamberti · 2014 · Journal of technology management & innovation

Summary. This study examines how open innovation practices relate to company characteristics, R&D organization, and financial performance in 126 major bio-pharmaceutical firms from 2008-2012. Small and young companies adopt open innovation most frequently. Inbound practices (acquiring external knowledge) substitute for internal R&D and show an inverted-U relationship with performance, while outbound practices (licensing out technology) complement internal R&D but correlate with declining financial performance.

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@article{michelino-2014-inbound-outbound-open-innovation-organization,
  title   = {Inbound and Outbound Open Innovation: Organization and Performances},
  author  = {Francesca Michelino and Mauro Caputo and Antonello Cammarano and Emilia Lamberti},
  journal = {Journal of technology management & innovation},
  year    = {2014},
  doi     = {10.4067/s0718-27242014000300005},
  url     = {https://doi.org/10.4067/s0718-27242014000300005}
}

TY  - JOUR
TI  - Inbound and Outbound Open Innovation: Organization and Performances
AU  - Francesca Michelino
AU  - Mauro Caputo
AU  - Antonello Cammarano
AU  - Emilia Lamberti
JO  - Journal of technology management & innovation
PY  - 2014
DO  - 10.4067/s0718-27242014000300005
UR  - https://doi.org/10.4067/s0718-27242014000300005
ER  - 

Details

DOI

10.4067/s0718-27242014000300005

Countries

Italy

Regions

Europe

Categories

innovation-theory, innovation-networks, general-innovation

Added

2026-04-28