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International Journal of Frontiers in Sociology, 2023, 5(8); doi: 10.25236/IJFS.2023.050804.

The Impact of Open Innovation Models on Innovation Performance

Author(s)

Ma Xiao, Zhou Ruitao

Corresponding Author:
Ma Xiao
Affiliation(s)

Economics and Management School, Guangxi Normal University, Guilin, Guangxi, China

Abstract

This academic paper aims to investigate the effects of the open innovation model on enterprise innovation performance. The open innovation model, considered a contemporary approach to managing innovation, aims to create a more porous boundary between the enterprise and its external environment. This transformation turns the traditional solid boundary into a "semi-permeable membrane" boundary, facilitating increased interaction and collaboration between various stakeholders across different industries. This paper provides a comprehensive analysis of the different open innovation modes, namely inbound, outbound, and coupled, and explores their impact on enterprise innovation performance. Moreover, it examines various factors that influence the performance of innovation within organizations. Finally, the study sheds light on the mechanisms through which different open innovation models can affect enterprise innovation performance.

Keywords

Open Innovation Models; Enterprise Innovation; Innovation Performance

Cite This Paper

Ma Xiao, Zhou Ruitao. The Impact of Open innovation Models on Innovation Performance. International Journal of Frontiers in Sociology (2023), Vol. 5, Issue 8: 18-27. https://doi.org/10.25236/IJFS.2023.050804.

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