Exploring Open Innovation in Small and Medium-Sized Enterprises

Abstract

Small and medium-sized enterprises (SMEs) have been excluded from the mainstream discussion in open innovation research. However, SMEs can benefit from openness, but existing findings on open innovation in large firms cannot be directly transferred towards the SME sector. This chapter sets the stage for future research on open innovation in SMEs and discusses four key areas of future open innovation research in SMEs: IT-enabled crowdsourcing in SMEs for involving a large number of unknown “outsiders,” the importance of different kinds of networks when SMEs engage in open innovation, the interplay of IP management and open innovation, and the internal dimensions of managing open innovation in SMEs.

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