A Study on Indicators for Open Innovation Performance in Food Processing SMEs in India through AHP Approach

Abstract

Innovation is the key for an enterprise to accomplish development or improvement in developing countries like India. Open Innovation which accentuates the coordination of inward and outside assets in an enterprise has achieved another point of view in innovative improvements. To advance and guarantee the execution of the open Innovation, an appraisal structure and the assessment markers are required. This Paper throws light on measurements taken from literary works and created execution markers, also can be called as performance indicators by ordering viewpoints or opinions from both scholastic specialists and industry specialists. The investigation/ study took the turn towards streaming of viewpoints into an Analytic Hierarchy Process for information/data examination through thorough analysis. The orderly dimension included “Innovation execution,” “Innovation abuse” and “Innovation investigation” and among all the sub-measurements for open development execution, “Worker inclusion” was huge. This investigation recognized three critical markers that are recommended by scholarly and industry specialists: “The level of fruitful cross-departmental staff interest in new item development”, “The level of motivating force/compensate framework usage for development”, and “The level of development sharing among representatives”.