How open innovation can help entrepreneurs in sensing and seizing entrepreneurial opportunities in SMEs

被引:5
作者
Usman, Muhammad [1 ]
Vanhaverbeke, Wim [2 ]
Roijakkers, Nadine [3 ]
机构
[1] Bahria Univ, Bahria Business Sch, Islamabad, Pakistan
[2] Univ Antwerp, Fac Business & Econ, Antwerp, Belgium
[3] Open Univ, Fac Beta Sci, Heerlen, Netherlands
来源
INTERNATIONAL JOURNAL OF ENTREPRENEURIAL BEHAVIOR & RESEARCH | 2023年 / 29卷 / 9/10期
关键词
Open innovation; Entrepreneurship; SMEs; Innovation network; Business model innovation; Case study; Qualitative research; MEDIUM-SIZED ENTERPRISES; RESEARCH-AND-DEVELOPMENT; PRIOR KNOWLEDGE; HIGH-TECH; BUSINESS; LINKING; FIRM; DISCOVERY; NETWORKS; GROWTH;
D O I
10.1108/IJEBR-11-2022-1019
中图分类号
F [经济];
学科分类号
02 ;
摘要
PurposeThis study explores how open innovation (OI) can be instrumental for entrepreneurs in sensing and seizing entrepreneurial opportunities in small and medium enterprises (SMEs). This study also illustrates how OI can help SMEs overcome the liability of smallness.Design/methodology/approachThis is exploratory research using an inductive, multiple-case study approach. This study capitalizes on five in-depth case studies of European SMEs to explore a phenomenon using replication logic and provide a robust basis for theory building.FindingsThis study presents a holistic view of the OI process in SMEs and illustrates the crucial role of entrepreneurs. The study provides a better understanding of how OI can help entrepreneurs sense and seize entrepreneurial opportunities by envisioning venture ideas and implementing business model innovation through the management of innovation partners.Originality/valueThe study emphasizes two critical roles of entrepreneurs in implementing OI in SMEs. First, the entrepreneur can be the instigator of strategic change, and second, he/she can orchestrate the innovation network. The findings emphasize that OI helps avoid knowledge corridors at the venture idea stage, leading to a (re)structuring of the business model and the emergence of a network of innovation partners, which should be managed hands-on. This study discusses in detail the two crucial roles of entrepreneurs.
引用
收藏
页码:2065 / 2090
页数:26
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