Assessing the effect of open innovation on firm performance: a study of Indian IT organisations

S. Grandhi, Prem Chhetri, Alemayehu Molla
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Abstract

PurposeThere is a growing interest among academics, government agencies and private organisations to examine the scale, characteristics, and impact of Open Innovation (OI). Studies have examined these issues mainly in the context of a developed world. Because firms in developing economies face unique challenges of OI such as building networks, inter-firm interactions, collaboration for resource utilisation and knowledge sharing, these warrant an examination of the theoretical relationships between the antecedents of OI and their impact on performance as well as mediators of these relationships. Therefore, this study develops a comprehensive OI framework to measure open innovation and analyse its effect on the innovation performance of Indian IT organisations.Design/methodology/approachTheoretically, the study draws upon the Resource-Based View, Relational View, and Absorptive Capacity theories. Empirically, a survey questionnaire was distributed to Indian IT organisations through the online survey tool “Qualtrics”. The research framework was tested using the data collected from 346 Indian IT organisations.FindingsThe results highlight the positive effect of OI activities on innovation performance and the mediating role of absorptive capacity. IT organisations with a higher inbound knowledge and absorptive capacity demonstrated better innovation performance.Research limitations/implicationsThis study is limited to understanding the mediating effect of absorptive capacity for inbound innovation. Future studies into the mediating role of desorption capacity could reveal its impact on innovation performance.Practical implicationsFrom a management perspective, this knowledge will enable managers and policymakers to emphasise OI to achieve better innovation performance. This knowledge will provide both government decision-makers and IT managers with definite OI implications for innovation performance.Originality/valueThe main contribution of this study lies in exploring the interconnectedness among IT organisations and collaborative processes on OI and innovation performance. This empirical study pinpoints the causes and sources of OI that would lead to innovation performance and the mediating role of absorptive capacity in achieving innovation performance. It extends the empirical base of OI scholarship based on firms in an emerging economy.
评估开放式创新对企业绩效的影响:对印度信息技术组织的研究
目的学术界、政府机构和私营组织对研究开放式创新(OI)的规模、特点和影响的兴趣与日俱增。这些研究主要是在发达国家的背景下进行的。由于发展中经济体的企业在开放式创新方面面临着独特的挑战,如建立网络、企业间互动、资源利用协作和知识共享等,因此有必要研究开放式创新的先决条件及其对绩效的影响之间的理论关系,以及这些关系的中介因素。因此,本研究制定了一个全面的开放式创新框架,以衡量开放式创新并分析其对印度 IT 组织创新绩效的影响。在实证方面,通过在线调查工具 "Qualtrics "向印度 IT 组织发放了调查问卷。研究结果强调了开放式创新活动对创新绩效的积极影响以及吸收能力的中介作用。研究局限/意义本研究仅限于了解吸收能力对内向创新的中介作用。从管理角度看,这些知识将使管理者和决策者能够重视开放式创新,以实现更好的创新绩效。原创性/价值本研究的主要贡献在于探讨了信息技术组织和协作流程之间的相互联系,以及对开放式创新和创新绩效的影响。这项实证研究指出了导致创新绩效的开放式创新的原因和来源,以及吸收能力在实现创新绩效中的中介作用。它扩展了基于新兴经济体企业的开放式创新学术研究的实证基础。
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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