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THE EFFECT OF INBOUND OPEN INNOVATION ON FIRM PERFORMANCE IN JAPANESE MANUFACTURING FIRMS: COMPARATIVE STUDY BETWEEN RESEARCH CENTRE AND BUSINESS UNIT

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This study aims to investigate the inbound open innovation and firm performance in different time periods across different organisations. Specifically, a conceptual model at firm level analysis was proposed based… Click to show full abstract

This study aims to investigate the inbound open innovation and firm performance in different time periods across different organisations. Specifically, a conceptual model at firm level analysis was proposed based on literature review. The model was tested with structural equation modeling, using the empirical data which were collected from 60 research centre projects and 62 business unit projects in 2008. Results reveal the causal relationship between the implementation of inbound open innovation and the firm performance in both research centre and business unit. Comparative results showed that regarding research centre, increasing the frequency of inbound open innovation, efficient interal RD consequently, the success of firm performance is achieved. As for the business unit, the frequently inbound open innovation practices are necessary for terms of generating efficiency and outcomes, and efficient inter R&D starget...

Keywords: inbound open; innovation; firm performance; research centre; open innovation

Journal Title: International Journal of Innovation Management
Year Published: 2018

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