The importance for a start-up to trust in open innovation: A systematic literature review

Authors

  • Katia Mastrostefano University of Cassino and Southern Lazio
  • Gustavo Morales-Alonso
  • Marco Greco
  • Michele Grimaldi
  • Jose Antonio Blanco-Serrano

DOI:

https://doi.org/10.17811/ebl.9.4.2020.289-297

Abstract

It has long been known that new firms are fundamental for economic growth. Starting new companies is one of the best ways to fight unemployment and to generate well-being. Therefore, attention is paid by the scientific community to start-ups, with particular empha-sis at how they generate, acquire and manage innovation. Initially, start-ups need to identify the resources necessary for innovation and later they will decide whether to develop them internally or acquire them externally. Being open to external sources is a crucial point for the success of new ventures; indeed, adopting Open Innovation processes allows start-ups to overcome their initial shortcomings. The goal of this research is to understand the literature status related to Open Innovation adoption by start-ups.

References

Alberti, F. G., & Pizzurno, E. (2017). Oops, I did it again! Knowledge leaks in open innovation networks with start-ups. European journal of innovation management, 20(1), 50-79.

Battistella, C., De Toni, A. F., & Pessot, E. (2017). Open accelerators for start-ups success: a case study. European Journal of Innovation Management, 20(1), 80-111.

Belingheri, P. & Leone, M.I., (2017). Walking into the room with IP: exploring start-ups’ IP licensing strategy. Management Decision, 55(6), pp.1209–1225.

Blank, (2013). Why the lean start-up changes everything 63rd–72nd ed., 5.

Blank, S. & Dorf, B., 2012. The startup owner’s manual: The step-by-step guide for building a great company.

Bogers, M., (2011). The open innovation paradox: knowledge sharing and protection in R&D collaborations. European Journal of Innovation Management, 14(1), pp.93–117.

Carree, M. A., & Thurik, A. R. (2010). The impact of entrepreneurship on economic growth. In Z. J. Acs & D. B. Audretsch (Eds.), Handbook of Entrepreneurship Research: An Interdisciplinary Survey and Introduction (2nd ed., pp. 557–594). New York, Dordrecht, Heidelberg and London: SPRINGER.

Chesbrough, H., Vanhaverbeke, W., & West, J., (2006). Open innovation: Researching a new paradigm, Oxford University Press on Demand.

Chesbrough, H., (2003). Open innovation: The new imperative for creating and profiting from technology, Harvard Business School Press, Boston.

Eftekhari, N. & Bogers, M., (2015). Open for Entrepreneurship: How Open Innovation Can Foster New Venture Creation. Creativity and Innovation Management, 24(4), pp.574–584.

Gassmann, O. & Enkel, E., (2004). Towards a theory of open innovation: three core process archetypes.

Gassmann, O., Enkel, E. & Chesbrough, H., (2010). The future of open innovation. R&D Management, 40(3), pp.213–221.

Ghezzi, A., Gastaldi, L., Lettieri, E., Martini, A., & Corso, M. (2016). A role for startups in unleashing the disruptive power of social media. International Journal of Information Management, 36(6), 1152-1159.

Gruber, M. & Henkel, J., (2006). New ventures based on open innovation an empirical analysis of start-up firms in embedded Linux. International Journal of Technology Management, 33(4), p.356.

Hasche, N., Linton, G. & Öberg, C., (2017). Trust in open innovation – the case of a med-tech start-up. European Journal of Innovation Management, 20(1), pp.31–49.

Hsieh, C.-T., Huang, H.-C. & Lee, W.-L., (2016). Using transaction cost economics to explain open innovation in start-ups. Management Decision, 54(9), pp.2133–2156.

Jackson, P. & Richter, N., (2017). Situational Logic: an Analysis of Open Innovation Using Corporate Accelerators. International Journal of Innovation Management, 21(07), p.1750062.

Jackson, P., Richter, N., & Schildhauer, T. (2015). Open Innovation with digital startups using Corporate Acelerators–A review of the current state of research. Zeitschrift für Politikberatung (ZPB)/Policy Advice and Political Consulting, 7(4), 152-159.

Janssen, W., Bouwman, H., van Buuren, R., & Haaker, T. (2014). An organizational competence model for innovation intermediaries. European Journal of Innovation Management, 17(1), 2-24.

Johnsen, T., Miemczyk, J. & Management, M.H., (2017). A systematic literature review of sustainable purchasing and supply research: Theoretical perspectives and opportunities for IMP-based research. Industrial Marketing Management, (61), pp.130–143.

de Jong, J.P. & Freel, M., (2010). Absorptive capacity and the reach of collaboration in high technology small firms. Research Policy, 39(1), pp.47–54.

Kohler, T., (2016). Corporate accelerators: Building bridges between corporations and startups. Business Horizons, 59(3), pp.347–357.

Livieratos, A.D. & Lepeniotis, P., (2017). Corporate venture capital programs of European electric utilities: Motives, trends, strategies and challenges. Electricity Journal, 30(2), pp.30–40.

Michelino, F., Cammarano, A., Lamberti, E., & Caputo, M. (2017). Open innovation for start-ups: A patent-based analysis of bio-pharmaceutical firms at the knowledge domain level. European Journal of Innovation Management, 20(1), 112-134.

Minshall, T., Mortara, L., Valli, R., & Probert, D. (2010). Making “asymmetric” partnerships work. Research-Technology Management, 53(3), 53-63.

Morales-Alonso, G., Pablo-Lerchundi, I. & Núñez-Del-Río, M.-C., (2016). Entrepreneurial intention of engineering students and associated influence of contextual factors. Revista de Psicología Social, 31(1), pp.75–108.

Neyens, I., Faems, D. & Sels, L., (2010). The impact of continuous and discontinuous alliance strategies on startup innovation performance. International Journal of Technology Management, 52(3/4), p.392.

Piva, E. & Lamastra, C.R., (2012). Does free/open source software enable new forms of entrepreneurship? An analysis of the start-ups created to exploit the business opportunities stemming from free/open source software. International Journal of Entrepreneurship and Innovation Management, 16(3/4), p.173.

Radas, S. & Božić, L., (2009). The antecedents of SME innovativeness in an emerging transition economy. Technovation, 29(6–7), pp.438–450.

Spender, J. C., Corvello, V., Grimaldi, M., & Rippa, P. (2017). Startups and open innovation: a review of the literature. European Journal of Innovation Management, 20(1), 4-30.

Usman, M. & Vanhaverbeke, W., (2017). How start-ups successfully organize and manage open innovation with large companies. European Journal of Innovation Management, 20(1), pp.171–186.

van Gils, M.J.G.M. & Rutjes, F.P.J.T., (2017). Accelerating chemical start-ups in ecosystems: the need for biotopes. European Journal of Innovation Management, 20(1), pp.135–152.

Wennekers, S., & Thurik, R., (1999). Linking entrepreneurship and economic growth. Small business economics, 13(1), pp.27–56.

Downloads

Published

2020-12-23

How to Cite

Mastrostefano, K., Morales-Alonso, G., Greco, M., Grimaldi, M., & Blanco-Serrano, J. A. (2020). The importance for a start-up to trust in open innovation: A systematic literature review. Economics and Business Letters, 9(4), 289-297. https://doi.org/10.17811/ebl.9.4.2020.289-297