Establishing open innovation culture in cluster initiatives: The role of trust and information asymmetry

Nestle, Volker; Taübe, Florian; Heidenreich, Sven; Bogers, Marcel

doi:10.1016/j.techfore.2018.06.022

Cited by 97 publications

(72 citation statements)

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“…Nestle and his research team [85] proved that agglomeration effects, next to the open innovation approach, significantly contribute to the degree of network activities of companies in a cluster region. Being a member of a cluster and knowing each other results in increased trust, which enables a transfer of knowledge.…”

Section: Clusters and Stpsmentioning

confidence: 99%

Determinants of Innovation Cooperation Performance: What Do We Know and What Should We Know?

2018

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The involvement of firms in innovation cooperation with different partners has become a widespread phenomenon in the contemporary business landscape. Our paper provides a review of extant alliance, innovation, open innovation and inter-firm collaboration literature and organizes it based on a conceptual framework featuring three levels of analysis: (a) the dyadic level, (b) the network level, and (c) the location level. The article identifies roadmaps in each of these areas and also highlights existing gaps in the present understanding of innovation cooperation. Thereby, it outlines a research agenda by identifying key research questions and issues in the areas where further research is needed and encouraged.Sustainability 2018, 10, 4517 3 of 32 changes that create the economic space of a given country [29] In this space, which Freeman called the National Innovation System, there are more or less formalized networks of cooperating companies and institutions. Indeed, as Fomina et al. [30] argue, the stability of economic development is determined by the features of the network structure in a collaborative engagement of enterprises. Therefore, it is legitimate to explore whether and how the location of companies and other institutions influence their cooperation for the development of innovation, and the performance outcomes thereof.Economic geography has developed the concept of proximity to explain the formation of networks and clusters of innovative companies in industrial districts [31,32]. The different dimensions of proximity may explain some of the positive externalities, such as knowledge creation and transfer, as well as innovation, which are generated by companies that are co-located [33]. According to Boschma [34], proximity implies similarity between actors and organizations, including both a geographical or spatial dimension and other non-spatial dimensions. Knoben and Oerlemans [35] note that "the concept of proximity has been used in many different ways in the literature, this including different measures and definitions".Boschma [34] identifies five types of proximity:

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Section: Clusters and Stpsmentioning

confidence: 99%

Determinants of Innovation Cooperation Performance: What Do We Know and What Should We Know?

2018

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“…This interpretation is not what this paper deals with. Our understanding of information asymmetry is defined as hidden information [7], [8], which could be either intentional or unintentional. This happens when not all members within a supply chain obtain product information equally and indiscriminately [3].…”

Section: Introductionmentioning

confidence: 99%

Blockchain-Enabled Information Sharing Within a Supply Chain: A Systematic Literature Review

2020

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A supply chain consists of many stakeholders such as suppliers, carriers and customers. It is often complex due to the rapid development of economic globalization and the intense competition pressure in the market which resulted in information sharing within a supply chain to be fragmented. Blockchain technology can solve this problem by having only a ''one trusted ledger'' that could reshape the element of data trust. The goal of this paper is to identify and understand the impact of blockchain technology for information sharing within a supply chain. The decentralized nature of blockchain technology offers a high level of transparency and has gained the attention from various sectors to deploy this technology. A systematic literature review in the academic literature was conducted using different databases. Blockchain-enabled information sharing can add value to enhance collaborative work in different types of supply chains such as health and medical, construction and smart city. From our findings, one potential impact of deploying blockchain-enabled information sharing within a supply chain is that it ensures all members in the chain can obtain verified information which enhances collaborative partnerships. Through this in-depth research, we highlighted potential barriers that could impede the development of blockchain technology in supply chain such as the lack of understanding of blockchain technology in businesses and conflict of interests. Future work such as information hiding, in parallel with information sharing, could close the gap in deploying this technology within a supply chain. Understanding the nature of different supply chain is also important to better prepare the deployment of blockchain. We acknowledge that our approach in selecting literatures in our systematic review may exclude certain literatures. Nonetheless, we tried to include as many relevant literatures as possible, to develop a roadmap on the current situation of blockchain-enabled information sharing within a supply chain. INDEX TERMS Blockchain, smart contract, supply chain management, information sharing.

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“…Cluster initiatives seem to influence the emergence of open innovation activities by member firms through increased trust and reduced information asymmetries. (Nestle et al, 2019). It was to be expected, in light of the fact that some cluster initiatives in Poland are already actively supporting the innovation processes in their member companies.…”

Section: Discussion Of Resultsmentioning

confidence: 99%

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2020

JEMI

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The JOURNAL OF ENTREPRENEURSHIP, MANAGEMENT AND INNOVATION is an interdisciplinary, double blind-reviewed journal, emphasizing theoretical and empirical articles in entrepreneurship, management, innovation and related fields. The journal is published both in printed form and on-line at www.jemi.edu.pl. THE ENTREPRENEURSHIP AREA OF THE JOURNAL The entrepreneurship area of the journal covers the three major topics: 1) venture creation and small business, 2) the impact of entrepreneurship on economic growth including local and regional development, and 3) entrepreneurial attitudes and motives. We invite original papers of theoretical and empirical nature, rooted in the disciplines of economics, management, sociology, political science, and psychology. The interdisciplinary research is encouraged to assure a comprehensive approach to the topics discussed and to advance both theory and practice. THE MANAGEMENT AREA OF THE JOURNAL Management, as a thematic scope of the journal, focuses on theoretical and empirical considerations of various areas, such as: strategic management, operation or production management, human resource management, information and management, contemporary management problems, new methods and management tools, new forms of organization and management, new threats in management, or new challenges in the organization's environment. THE INNOVATION AREA OF THE JOURNAL The innovation area of the Journal's focus will emphasize a broad range of topics and approaches, including (but not limited to): 1) role of private and public sector in development and diffusion of innovations, 2) product, process and business model innovations, 3) profiles of innovative products, structures and processes, aimed at improving management practice and providing inspiration for entrepreneurs, 4) comparative analyses of national, regional policy or sector issues, such as R&D trends, patents, citations etc., 5) theoretical work on economic, organizational and scientific aspects of innovation, encouraging the search for inspirations from various disciplines, including natural sciences, arts and humanities. THE ENTREPRENEURIAL FINANCE AREA OF THE JOURNAL The entrepreneur or entrepreneurial firm, the institutions providing finance to the entrepreneurs, and the different types of financial sources used by the entrepreneurial firms or investors. Among the areas of our special interests might be enumerated: accounting and corporate finance, financial market as a background for SME development, entrepreneurial finance, regulatory and supervisory aspects related to corporate finance.

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Establishing open innovation culture in cluster initiatives: The role of trust and information asymmetry

Cited by 97 publications

References 65 publications

Determinants of Innovation Cooperation Performance: What Do We Know and What Should We Know?

Determinants of Innovation Cooperation Performance: What Do We Know and What Should We Know?

Blockchain-Enabled Information Sharing Within a Supply Chain: A Systematic Literature Review

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