Open for innovation: the role of openness in explaining innovation performance among U.K. manufacturing firms

Keld Laursen, Ammon Salter

Research output: Contribution to journalArticlepeer-review

4463 Citations (SciVal)

Abstract

A central part of the innovation process concerns the way firms go about organizing search for new ideas that have commercial potential. New models of innovation have suggested that many innovative firms have changed the way they search for new ideas, adopting open search strategies that involve the use of a wide range of external actors and sources to help them achieve and sustain innovation. Using a large-scale sample of industrial firms, this paper links search strategy to innovative performance, finding that searching widely and deeply is curvilinearly (taking an inverted U-shape) related to performance.
Original languageEnglish
Pages (from-to)131-150
Number of pages20
JournalStrategic Management Journal
Volume27
Issue number2
DOIs
Publication statusPublished - 1 Feb 2006

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