Unlocking Innovation: How Open Practices Drive Service Sector Success
The article explores how open innovation practices impact a firm's ability to innovate. By studying 3910 UK firms in service industries, the researchers found that knowledge creation capability is crucial for successful open innovation. They also discovered that operational and strategic reconfiguration can enhance the positive effects of open innovation practices on innovation performance. This study helps firms understand the capabilities needed for effective open innovation and how different practices can lead to various innovation outcomes.