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Article
Is Open Innovation imperative to Small and Medium Enterprises?: A Comparative Study
AMCIS 2011 Proceedings - All Submissions
  • Hakikur Rahman, University of Minho
  • Isabel Ramos, University of Minho, Portugal
Track
Enterprise Systems and Organizational Issues in IS
Publication Date
8-5-2011
Abstract

The newly evolved trends of transformation in the entrepreneurships, their establishment, operation and management, andsubsequent alterations in the entrepreneurship’s knowledge arena has brought out the idea of open innovation, suggesting thatideas for innovations can transpire or go to market from outside the company as well as inside. Leaders among the globalentrepreneurships, among others including researchers, academics and agencies acting as intermediaries are thriving toachieve success in accommodating open innovation (OI) strategies in their business processes or researches or activitiesleading to additional value gain. OI strategies, accepted by relatively large corporate business houses through their verynature, but as time passes and strategies mature, seemingly and gradually they are being adapted by the small and mediumsized enterprises (SMEs) for the benefit of economic and knowledge gain. This paper through a comparative study has triedto incorporate ideas of open innovation that are suitable for SMEs and find answer to the question on the acceptance of OIstrategies in SMEs.

Citation Information
Hakikur Rahman and Isabel Ramos. "Is Open Innovation imperative to Small and Medium Enterprises?: A Comparative Study" (2011)
Available at: http://works.bepress.com/isabel_ramos/1/