TY - JOUR
T1 - Openness and management systems integration
T2 - Pursuing innovation benefits
AU - Hernandez-Vivanco, Alfonso
AU - Cruz-Cázares, Claudio
AU - Bernardo, Merce
N1 - Publisher Copyright:
© 2018 Elsevier B.V.
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 - http://www.scopus.com/inward/record.url?scp=85049730861&partnerID=8YFLogxK
UR - https://www.webofscience.com/api/gateway?GWVersion=2&SrcApp=pure_univeritat_ramon_llull&SrcAuth=WosAPI&KeyUT=WOS:000446151700006&DestLinkType=FullRecord&DestApp=WOS_CPL
U2 - 10.1016/j.jengtecman.2018.07.001
DO - 10.1016/j.jengtecman.2018.07.001
M3 - Article
AN - SCOPUS:85049730861
SN - 0923-4748
VL - 49
SP - 76
EP - 90
JO - Journal of Engineering and Technology Management - JET-M
JF - Journal of Engineering and Technology Management - JET-M
ER -
