Open Innovation with Relational Capital, Technological Innovation Capital, and International Performance in SMEs

Ryu, Dong-Woo; Baek, Kwang Ho; Yoon, Junghyun

doi:10.3390/su13063418

Cited by 44 publications

(49 citation statements)

References 73 publications

(90 reference statements)

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“…This innovation includes innovation in business ideas and ideas, product innovation, innovation in packaging, innovation in marketing activities. The results of this study validate the opinion (Ryu, Baek, & Yoon, 2021), that the innovation factor can directly and indirectly increase competitiveness which in turn has an impact on the high performance of MSMEs. Next (Christa & Kristinae, 2021;Omerzel & Jurdanab, 2016)said innovation can improve business performance by increasing competitiveness.…”

Section: Structural Model Analysissupporting

confidence: 84%

Determinants of Msme Competitiveness in Aceh Province

Akhyar

Ikramuddin

Iis

et al. 2021

IJERLAS

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Micro, Small and Medium Enterprises are one of the drivers of national economic growth, because of their ability to absorb workers equal to 95% with a total investment of 60.4%. This study aims to examine the effect of capital capability, empowerment, and product innovation on the competitiveness of micro, small and medium enterprises. And the role of product innovation as a mediating variable in the indirect influence between the coaching program and capital on the competitiveness of micro, small and medium enterprises in Aceh. Study designs a Quantitative Research. This research was conducted on micro, small and medium enterprises (MSMEs) in Aceh Province, Indonesia. The population in this study were micro, small and medium enterprises (MSMEs). The research sample was determined by purposive sampling, with a sample size of 272 SMEs. While the data analysis tool usesStructural Equation Modeling (SEM) Amos to test the effect between exogenous variables and endogenous variables. Pdirect effect test found that capital has no effect on product innovation by -0.035, P-Value 0.754 (Not supported H1). Empowerment has a significant effect on product innovation by 0.249, p-value 0.030 (Supported H2). Capital has a significant effect on the competitiveness of SMEs by 0.220, p-vale 0.014 (Supported H3). Empowerment has a significant effect on MSME competitiveness by 0.542, and p-value 0.000 (Supported H4), and product innovation has a significant effect on MSME competitiveness by 0.274 and p-value 0.000 (supported H5). To test the indirect effect using the Sobel test calculator, it was found that product innovation variables were able to partially mediate the relationship between capital and empowerment on the competitiveness of SMEs. The results of the study indicate that the Empowerment and Product Innovation variables have a significant effect on the competitiveness of MSMEs both directly and indirectly, except for the Capital variable which is found to be insignificant to Product Innovation. Finally, the researcher concludes that the competitiveness of micro, small and medium enterprises in Aceh is determined by the factors of capital capability, empowerment program and product innovation.

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Section: Structural Model Analysissupporting

confidence: 84%

Determinants of Msme Competitiveness in Aceh Province

Akhyar

Ikramuddin

Iis

et al. 2021

IJERLAS

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“…Several authors agree that SMEs have taken an increasingly prominent role in open innovation-related activities [10,14,[84][85][86][87][88]. Hence, SMEs cannot share the same open innovation model as larger firms [23,60,71,89].…”

Section: Sme Specific Organization and Strategic Adaptations Toward Open Innovationmentioning

confidence: 99%

Rebuilding a Cluster While Protecting Knowledge within Low-Medium-Tech Supplier SMEs: A Spanish and French Comparison

Gadille

Bono

2021

Sustainability

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Most of SMEs are engaged in open innovation practices, but they do not benefit from open innovation or from patenting in the same way as larger firms do. At the same time SMEs, as territorialized suppliers, play a crucial role within evolving regional specialization. In this context the purpose of our study is to examine how low and medium technology supplier SMEs learn and organize themselves at a territorial level to address the challenge of IP protection in an open innovation paradigm. We used a qualitative method with a longitudinal multi-case study involving 27 companies with a historical lance to compare the territorial dynamics of knowledge protection within clustered supplier SMEs in two European regions. The results show they protect their knowledge by learning how to design, in a direct relationship with clients, customized complex technological products to develop a new organizational matrix of multidisciplinary knowledge that reveals itself difficult to imitate within the clusters. They also cope with other supplier firms across sectors even if they show societal path dependencies in the way to build cooperation. This dynamic has given birth to changing structural relationships among regionally clustered SMEs and between them and large firms.

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“…Innovation capacity and competitive advantage also significantly influence business performance (Mulyana & Wasitowati, 2021). Ryu, Baek & Yoon (2021) consider that SMEs cooperate with external partners to strengthen their technological innovation capabilities and thus improve their international performance. From the perspective of open innovation, these scholars explore the effects of relational capital and technological innovation capacity on international performance, with a particular focus on the moderating effect of linkage proactivity.…”

Section: Source: Own Elaborationmentioning

confidence: 99%

“…The key findings of their research imply that relational capital and the proactivity of alliances are the key drivers of international performance. (Ryu, Baek & Yoon, 2021).…”

Section: Source: Own Elaborationmentioning

confidence: 99%

The Al-Invest Contribution to the Resilience of the Chemical Company: Development Cooperation

Alvarado

2021

JICD

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This article aims to identify the contribution of the Al-Invest program to resilience and economic growth in companies in the chemical sector. The study sample consists of 596 European and Latin American companies that benefited from Al-Invest. It was found that Knowledge Transfer was not the main interest in the collaborations. The economic dynamics of the chemical industry pressure companies to compete, having a low impact on local development when it comes to knowledge transfer. Al-Invests contribution is oriented to the company in four aspects: relational capital with foreign agents, geographic openness, open innovation, and greater technological and marketing capacity. These four elements increase the resilience and economic growth of the company, accompanied by a favorable impact on economic development in the region. Received: 2 September 2021 / Accepted: 5 October 2021 / Published: 5 November 2021

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Open Innovation with Relational Capital, Technological Innovation Capital, and International Performance in SMEs

Cited by 44 publications

References 73 publications

Determinants of Msme Competitiveness in Aceh Province

Determinants of Msme Competitiveness in Aceh Province

Rebuilding a Cluster While Protecting Knowledge within Low-Medium-Tech Supplier SMEs: A Spanish and French Comparison

The Al-Invest Contribution to the Resilience of the Chemical Company: Development Cooperation

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