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Research on open innovation performance: a review

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Abstract

Under the economic globalization, traditional closed innovation cannot meet the demand of enterprises for shorter R&D cycle and lower R&D cost. Consequently, enterprises have paid more attentions to open innovation which is more important. Based on previous studies, this paper systematically analyzed key factors which affect the relationship between open innovation and innovation performance. We also discussed the managerial implications and risks during the open innovation implementation. Finally, we suggested several future research directions for open innovation.

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Acknowledgments

This paper is partially supported by the National Natural Science Foundation of China (NSFC) under Grants No. 71273113.

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Authors and Affiliations

  1. School of Management, Jilin University, 5988 Renmin Road, Changchun, 130012, China

    Shukuan Zhao & Yu Sun

  2. School of Business Administration, American University of Sharjah, Sharjah, UAE

    Xiaobo Xu

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  1. Shukuan Zhao
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  2. Yu Sun
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  3. Xiaobo Xu
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Correspondence to Shukuan Zhao.

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Zhao, S., Sun, Y. & Xu, X. Research on open innovation performance: a review. Inf Technol Manag 17, 279–287 (2016). https://doi.org/10.1007/s10799-015-0231-7

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