Goal Multiplicity and Innovation: How Social and Economic Goals Affect Open Innovation and Innovation Performance

Ute Stephan, Petra Andries, Alain Daou · 2019 · Journal of Product Innovation Management

Summary. Commercial firms pursuing both social and economic goals source external knowledge more effectively and achieve better innovation performance than those focused on economics alone. Analysis of 1,257 Belgian firms shows social and economic goals are independent, not conflicting. Firms benefit most when both goal types are strongly emphasized together. Social goals uniquely drive external collaboration, while economic goals alone limit open innovation adoption.

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@article{stephan-2019-goal-multiplicity-innovation-how-social,
  title   = {Goal Multiplicity and Innovation: How Social and Economic Goals Affect Open Innovation and Innovation Performance},
  author  = {Ute Stephan and Petra Andries and Alain Daou},
  journal = {Journal of Product Innovation Management},
  year    = {2019},
  doi     = {10.1111/jpim.12511},
  url     = {https://doi.org/10.1111/jpim.12511}
}

TY  - JOUR
TI  - Goal Multiplicity and Innovation: How Social and Economic Goals Affect Open Innovation and Innovation Performance
AU  - Ute Stephan
AU  - Petra Andries
AU  - Alain Daou
JO  - Journal of Product Innovation Management
PY  - 2019
DO  - 10.1111/jpim.12511
UR  - https://doi.org/10.1111/jpim.12511
ER  - 

Details

DOI

10.1111/jpim.12511

Countries

Belgium

Regions

Europe

Categories

innovation-theory, innovation-networks, general-innovation

Added

2026-04-28