Open innovation strategy: a systematic literature review
Abstract
Purpose
In a context each day more global, a new paradigm has emerged – open innovation (OI) – which may be understood as an innovation strategy in which organizations use internal and external knowledge to leverage their business value, thus maintaining a sustainable competitive advantage. This article aims to contribute to understanding this phenomenon, suggesting an integrated vision of OI strategies.
Design/methodology/approach
This paper systematically reviews and analyzes a sample of 66 articles from Scopus and Web of Science databases related to open innovation strategies.
Findings
The results obtained enabled us to group the existing literature into six different clusters: (1) Performance; (2) Open business model; (3) Intellectual Property; (4) Knowledge Management; (5) Innovation; and (6) Culture. Furthermore, this study identifies the major research gaps and provides suggestions for future research.
Originality/value
The paper presents the main elements that interfere and interact in the innovation strategy providing a conceptual model that can be useful in understanding the phenomenon of open innovation.
Keywords
Acknowledgements
This work is financed by national funds through FCT – Fundação para a Ciência e a Tecnologia, I.P., under the project “UIDB/04630/2020”.
Since acceptance of this article, the following author(s) have updated their affiliations: João J.M. Ferreira is at the QUT-ACER Australian Centre for Entrepreneurship Research, Brisbane, Australia.
Citation
Sá, T., Ferreira, J.J.M. and Jayantilal, S. (2023), "Open innovation strategy: a systematic literature review", European Journal of Innovation Management, Vol. ahead-of-print No. ahead-of-print. https://doi.org/10.1108/EJIM-11-2022-0638
Publisher
:Emerald Publishing Limited
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