Openness and management systems integration: Pursuing innovation benefits

Alfonso Hernandez-Vivanco; Claudio Cruz-Cázares; Merce Bernardo

doi:10.1016/j.jengtecman.2018.07.001

Openness and management systems integration: Pursuing innovation benefits

Alfonso Hernandez-Vivanco^*
, Claudio Cruz-Cázares
, Merce Bernardo

^*Autor corresponent d’aquest treball

Producció científica: Article en revista indexada › Article › Avaluat per experts

30 Cites (Scopus)

Resum

In a global and highly competitive environment, innovation is becoming riskier and costlier. Against this backdrop, firms are challenged to allocate their innovation resources efficiently to obtain the most benefits. To this end, integration of management systems and open innovation are internally- and externally-oriented managerial practices, respectively, that may foster innovation efficiency. However, they have been scarcely researched jointly. Based on longitudinal analyses of 220 Spanish firms, this study concludes that integrating management systems could foster innovation efficiency. Conversely, open innovation might hinder it. It is also evidenced that innovation efficiency is relevant to boost the sales productivity of new products.

Idioma original	Anglès
Pàgines (de-a)	76-90
Nombre de pàgines	15
Revista	Journal of Engineering and Technology Management - JET-M
Volum	49
DOIs	https://doi.org/10.1016/j.jengtecman.2018.07.001
Estat de la publicació	Publicada - 1 de jul. 2018
Publicat externament	Sí

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ODS 9 Indústria, innovació i infraestructures

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title = "Openness and management systems integration: Pursuing innovation benefits",

abstract = "In a global and highly competitive environment, innovation is becoming riskier and costlier. Against this backdrop, firms are challenged to allocate their innovation resources efficiently to obtain the most benefits. To this end, integration of management systems and open innovation are internally- and externally-oriented managerial practices, respectively, that may foster innovation efficiency. However, they have been scarcely researched jointly. Based on longitudinal analyses of 220 Spanish firms, this study concludes that integrating management systems could foster innovation efficiency. Conversely, open innovation might hinder it. It is also evidenced that innovation efficiency is relevant to boost the sales productivity of new products.",

keywords = "Firm performance, Innovation efficiency, Management systems integration, Open innovation",

author = "Alfonso Hernandez-Vivanco and Claudio Cruz-C{\'a}zares and Merce Bernardo",

note = "Publisher Copyright: {\textcopyright} 2018 Elsevier B.V.",

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doi = "10.1016/j.jengtecman.2018.07.001",

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T2 - Pursuing innovation benefits

AU - Hernandez-Vivanco, Alfonso

AU - Cruz-Cázares, Claudio

AU - Bernardo, Merce

PY - 2018/7/1

Y1 - 2018/7/1

N2 - In a global and highly competitive environment, innovation is becoming riskier and costlier. Against this backdrop, firms are challenged to allocate their innovation resources efficiently to obtain the most benefits. To this end, integration of management systems and open innovation are internally- and externally-oriented managerial practices, respectively, that may foster innovation efficiency. However, they have been scarcely researched jointly. Based on longitudinal analyses of 220 Spanish firms, this study concludes that integrating management systems could foster innovation efficiency. Conversely, open innovation might hinder it. It is also evidenced that innovation efficiency is relevant to boost the sales productivity of new products.

AB - In a global and highly competitive environment, innovation is becoming riskier and costlier. Against this backdrop, firms are challenged to allocate their innovation resources efficiently to obtain the most benefits. To this end, integration of management systems and open innovation are internally- and externally-oriented managerial practices, respectively, that may foster innovation efficiency. However, they have been scarcely researched jointly. Based on longitudinal analyses of 220 Spanish firms, this study concludes that integrating management systems could foster innovation efficiency. Conversely, open innovation might hinder it. It is also evidenced that innovation efficiency is relevant to boost the sales productivity of new products.

KW - Firm performance

KW - Innovation efficiency

KW - Management systems integration

KW - Open innovation

UR - https://www.scopus.com/pages/publications/85049730861

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Openness and management systems integration: Pursuing innovation benefits

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