Open innovation in SMEs: a systematic literature review
Abstract
Purpose
The purpose of this paper is to synthesize the extant literature on open innovation (OI) in small and medium-sized enterprises (SMEs).
Design/methodology/approach
An examination of the literature was undertaken to review the studies on open innovation in SMEs. The selected articles were classified in different themes and analyzed accordingly.
Findings
The study finds that adopting OI by SMEs improves their overall innovation performance. The authors found that a larger number of studies are based on a quantitative approach. Surprisingly, unlike in many other disciplines, scholars of North America have had a limited contribution. European scholars, along with some scholars from Korea and China, have been active in developing this field of OI in SMEs.
Research limitations/implications
This study provides theoretical and managerial implications. With thematic analysis, along with identifying gaps, conflations, and contradictions in the literature, this study proposes an agenda for future exploration.
Originality/value
The value of this study lies in the integration of the limited but scattered studies on OI in SMEs.
Keywords
Acknowledgements
The authors are grateful to the Finnish Cultural Foundation for funding this study.
Citation
Hossain, M. and Kauranen, I. (2016), "Open innovation in SMEs: a systematic literature review", Journal of Strategy and Management, Vol. 9 No. 1, pp. 58-73. https://doi.org/10.1108/JSMA-08-2014-0072
Publisher
:Emerald Group Publishing Limited
Copyright © 2016, Emerald Group Publishing Limited