Original scientific paper
https://doi.org/10.1080/1331677X.2017.1305795
Antecedents and determinants of high-tech SMEs’ commercialisation enablers: opening the black box of open innovation practices
Aleš Pustovrh
Marko Jaklič
Sheila A. Martin
Matevž Rašković
Abstract
Innovation activities have become globalised and open in ways that
were unimaginable 20 years ago. These changes have brought new
insight into research on innovation activities and specific innovation
practices in organisations, including that previous research largely
ignored small and medium-sized enterprises (SMEs). This paper
tests a variance-based structural equation model (SEM) for selected
antecedents and determinants of commercialisation enablers on a
sample of 105 SMEs from Slovenia – a small, open, post-transition
economy with a dominant SME sector. The main contribution of the
paper lies in testing how two specific open innovation practices (open
innovation information exchange and open innovation collaboration)
impact the commercialisation enablers of high-tech SMEs through
their innovation activities (antecedent) and their innovativeness
(determinant). Both open innovation practices show statistically
significant effect on high-tech SMEs’ innovativeness, thus supporting
the idea that both collaboration and information exchange lead to
more innovativeness in high-tech SMEs. They also show a high impact
of internal (organisational) factors on innovation activities of and a
high impact of innovativeness on the commercialisation enablers of
high-tech SMEs.
Keywords
High-tech SMEs; commercialisation enablers; open innovation practices; Slovenia; variance-based structural equation model
Hrčak ID:
182587
URI
Publication date:
1.12.2017.
Visits: 1.860 *