Open for innovation: the role of openness in explaining innovation performance among U.K. manufacturing firms
Article first published online: 21 NOV 2005
Copyright © 2005 John Wiley & Sons, Ltd.
Strategic Management Journal
Volume 27, Issue 2, pages 131–150, February 2006
How to Cite
Laursen, K. and Salter, A. (2006), Open for innovation: the role of openness in explaining innovation performance among U.K. manufacturing firms. Strat. Mgmt. J., 27: 131–150. doi: 10.1002/smj.507
- Issue published online: 21 DEC 2005
- Article first published online: 21 NOV 2005
- Manuscript Revised: 13 JUN 2005
- Manuscript Received: 29 MAR 2004
- innovative search;
- search strategies;
- innovative performance
A central part of the innovation process concerns the way firms go about organizing search for new ideas that have commercial potential. New models of innovation have suggested that many innovative firms have changed the way they search for new ideas, adopting open search strategies that involve the use of a wide range of external actors and sources to help them achieve and sustain innovation. Using a large-scale sample of industrial firms, this paper links search strategy to innovative performance, finding that searching widely and deeply is curvilinearly (taking an inverted U-shape) related to performance. Copyright © 2005 John Wiley & Sons, Ltd.