Open innovation strategy of an early-stage SME

Simple item page
dc.contributor.authorBarrett, Gillian
dc.contributor.authorDooley, Lawrence
dc.date.accessioned2021-04-30T11:05:06Z
dc.date.available2021-04-30T11:05:06Z
dc.date.issued2021-03-26
dc.date.updated2021-04-30T10:53:11Z
dc.description.abstractLeverage of both triple helix stakeholders through open innovation (OI) by early-stage SMEs is an area of inter-organisational collaboration that remains understudied. This chapter seeks to address this gap in the literature by exploring an exemplar case study of an early-stage medical device SME and the role of harnessing the R&D potential of public and private resources through collaborative projects for venture growth and the development of technological disruptive R&D. This study examines the partner resources harnessed, the objectives and nature of these engagements and the enablers/constraints of the SME in leveraging open innovation to advance their technological platform development. The analysis highlights that early-stage SMEs are capable of pursuing an OI strategy to leverage universityĆ¢ industryĆ¢ government resources and that the breadth of organisational collaborators increases as their capability to manage such collaborative R&D projects increases. Harnessing the potential of these external entities has enabled the SME case to raise the necessary funding, build industrial credibility, and achieve R&D co-creation to progress their disruptive technology closer to market launch and to grow the venture.en
dc.description.statusPeer revieweden
dc.description.versionAccepted Versionen
dc.format.mimetypeapplication/pdfen
dc.identifier.citationBarrett, G. and Dooley, L. (2021) 'Open innovation strategy of an early-stage SME', in Fernandes, G., Dooley, L., O'Sullivan, D. and RolstadƄs, A. (eds) Managing Collaborative R&D Projects. Contributions to Management Science, pp. 85-99. Springer, Cham. doi: 10.1007/978-3-030-61605-2_5en
dc.identifier.doi10.1007/978-3-030-61605-2_5en
dc.identifier.endpage99en
dc.identifier.issn1431-1941
dc.identifier.journaltitleContributions to Management Scienceen
dc.identifier.startpage85en
dc.identifier.urihttps://hdl.handle.net/10468/11241
dc.language.isoenen
dc.publisherSpringer Nature Switzerland AGen
dc.relation.ispartofFernandes, G., Dooley, L., O'Sullivan, D. and RolstadƄs, A. (eds) Managing Collaborative R&D Projects
dc.rightsĀ© 2021, Springer Nature Switzerland AG. This is a post-peer-review, pre-copyedit version of a chapter published in Fernandes, G., Dooley, L., O'Sullivan, D. and RolstadĆ„s, A. (eds) Managing Collaborative R&D Projects. Contributions to Management Science, pp. 85-99. Springer, Cham. The final authenticated version is available online at: https://doi.org/10.1007/978-3-030-61605-2_5en
dc.subjectOpen innovationen
dc.subjectOIen
dc.subjectEarly-stage SMEen
dc.titleOpen innovation strategy of an early-stage SMEen
dc.typeBook chapteren
Files
Original bundle
Now showing 1 - 1 of 1
Thumbnail Image
Name:
OI_Book_Chapter_-_2021_-_Final_-_GB_LD.pdf
Size:
626.74 KB
Format:
Adobe Portable Document Format
Description:
Accepted Version
Download
License bundle
Now showing 1 - 1 of 1
Thumbnail Image
Name:
license.txt
Size:
2.71 KB
Format:
Item-specific license agreed upon to submission
Description:
Download
Collections
Cork University Business School - Book Chapters