TY - GEN
T1 - How managerial ties and appropriability regimes affect open innovation
AU - Muzamil Naqshbandi, M.
AU - Kaur, Sharan
AU - Arabi, Behrouz
PY - 2011
Y1 - 2011
N2 - Given the rapid technological advances and implications of globalization, the need to create not only innovations but faster innovation has become a part of sustaining or gaining competitive advantage. Due to this, firms are increasingly seen shifting from the traditional innovation model which relied on a firm's internal R&D to the more porous open innovation paradigm which utilizes resources both internal and external to a firm to come up with innovations. However success in the open innovation paradigm is contingent upon some internal and external factors of a firm. This conceptual paper first discusses how one such internal factor-managerial ties-impacts the success of open innovation. Second, this paper looks at the moderating role of an external factor-appropriability regimes-on the relationship between managerial ties and success of open innovation. We propose that building managerial ties is important for the creation of open innovation since open innovation requires exploration and exploitation of external resources. We further posit that presence of strong appropriability regimes is crucial to reap the benefits of managerial ties in the open innovation model and that in presence of weak appropriability regimes, managerial ties may not produce results as valuable. Propositions are developed, managerial implications underscored and future research directions highlighted.
AB - Given the rapid technological advances and implications of globalization, the need to create not only innovations but faster innovation has become a part of sustaining or gaining competitive advantage. Due to this, firms are increasingly seen shifting from the traditional innovation model which relied on a firm's internal R&D to the more porous open innovation paradigm which utilizes resources both internal and external to a firm to come up with innovations. However success in the open innovation paradigm is contingent upon some internal and external factors of a firm. This conceptual paper first discusses how one such internal factor-managerial ties-impacts the success of open innovation. Second, this paper looks at the moderating role of an external factor-appropriability regimes-on the relationship between managerial ties and success of open innovation. We propose that building managerial ties is important for the creation of open innovation since open innovation requires exploration and exploitation of external resources. We further posit that presence of strong appropriability regimes is crucial to reap the benefits of managerial ties in the open innovation model and that in presence of weak appropriability regimes, managerial ties may not produce results as valuable. Propositions are developed, managerial implications underscored and future research directions highlighted.
KW - Managerial ties
KW - Open innovation
KW - Regimes of appropriability
UR - http://www.scopus.com/inward/record.url?scp=84905116450&partnerID=8YFLogxK
M3 - Conference contribution
AN - SCOPUS:84905116450
SN - 9780982148952
T3 - Innovation and Knowledge Management: A Global Competitive Advantage - Proceedings of the 16th International Business Information Management Association Conference, IBIMA 2011
SP - 422
EP - 432
BT - Innovation and Knowledge Management
PB - International Business Information Management Association, IBIMA
T2 - 16th International Business Information Management Association Conference, IBIMA 2011
Y2 - 29 June 2011 through 30 June 2011
ER -