A microfoundational view of the interplay between open innovation and a firm's strategic agility

IF 7.4 2区管理学 Q1 BUSINESS

Long Range Planning Pub Date : 2024-02-27 DOI:10.1016/j.lrp.2024.102429

Steven Hutton , Robert Demir , Stephen Eldridge

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Abstract

Open innovation can support firms looking to deploy strategic agility through product innovations during periods of market and technological change. However, existing research lacks a comprehensive understanding of the microfoundations that underlie strategic agility in the context of open innovation. We address this gap using an in-depth analysis of a firm's open innovation activities in support of new product development (NPD). Our analysis reveals that open innovation can help leverage NPD processes to drive technological innovations in response to changing market conditions. Under such circumstances, open innovation enables firms to deploy strategic agility by continually developing the product portfolio. Our study reveals six mechanisms that enable three mutually complementary practices of agility: knowledge-based agility at the firm-environment interface, behavioural agility in the firm's decision-making process, and organisational agility in the internal NPD process. We theorise the interplay between the mechanisms that constitute each practice and, in doing so, shed light on how they contribute to firm-level strategic agility.

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开放式创新与企业战略灵活性之间相互作用的微观基础观点

在市场和技术变革时期，开放式创新可以为那些希望通过产品创新来实现战略灵活性的企业提供支持。然而，现有研究对开放式创新背景下战略灵活性的微观基础缺乏全面了解。我们通过对企业支持新产品开发（NPD）的开放式创新活动进行深入分析，填补了这一空白。我们的分析表明，开放式创新有助于利用新产品开发流程推动技术创新，以应对不断变化的市场环境。在这种情况下，开放式创新使企业能够通过不断开发产品组合来部署战略灵活性。我们的研究揭示了六种机制，这六种机制促成了三种相辅相成的敏捷性实践：在企业与环境的界面上、在企业的决策过程中，以及在企业内部的新产品开发过程中。我们对构成每种实践的机制之间的相互作用进行了理论分析，从而揭示了这些机制是如何促进企业级战略敏捷性的。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Long Range Planning Multiple-

CiteScore

13.00

自引率

7.10%

发文量

期刊介绍： Long Range Planning (LRP) is an internationally renowned journal specializing in the field of strategic management. Since its establishment in 1968, the journal has consistently published original research, garnering a strong reputation among academics. LRP actively encourages the submission of articles that involve empirical research and theoretical perspectives, including studies that provide critical assessments and analysis of the current state of knowledge in crucial strategic areas. The primary user base of LRP primarily comprises individuals from academic backgrounds, with the journal playing a dual role within this community. Firstly, it serves as a platform for the dissemination of research findings among academic researchers. Secondly, it serves as a channel for the transmission of ideas that can be effectively utilized in educational settings. The articles published in LRP cater to a diverse audience, including practicing managers and students in professional programs. While some articles may focus on practical applications, others may primarily target academic researchers. LRP adopts an inclusive approach to empirical research, accepting studies that draw on various methodologies such as primary survey data, archival data, case studies, and recognized approaches to data collection.

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