Open innovation and the comparison between startups and incumbent firms in Spain

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Open innovation and the comparison between startups and incumbent firms in Spain. / Gimenez Fernandez, Elena Maria; Beukel, Karin.

In: Universia Business Review, No. 55, 2017, p. 18-33.

Research output: Contribution to journalJournal articleResearchpeer-review

Harvard

Gimenez Fernandez, EM & Beukel, K 2017, 'Open innovation and the comparison between startups and incumbent firms in Spain', Universia Business Review, no. 55, pp. 18-33. https://doi.org/10.3232/UBR.2017.V14.N3.01

APA

Gimenez Fernandez, E. M., & Beukel, K. (2017). Open innovation and the comparison between startups and incumbent firms in Spain. Universia Business Review, (55), 18-33. https://doi.org/10.3232/UBR.2017.V14.N3.01

Vancouver

Gimenez Fernandez EM, Beukel K. Open innovation and the comparison between startups and incumbent firms in Spain. Universia Business Review. 2017;(55):18-33. https://doi.org/10.3232/UBR.2017.V14.N3.01

Author

Gimenez Fernandez, Elena Maria ; Beukel, Karin. / Open innovation and the comparison between startups and incumbent firms in Spain. In: Universia Business Review. 2017 ; No. 55. pp. 18-33.

Bibtex

@article{555456ff4b17477f970a159ded0bf77f,
title = "Open innovation and the comparison between startups and incumbent firms in Spain",
abstract = "This study compares the open innovation strategy between startups and incumbent firms over a period of ten years (2004-2013). Using a sample of startups and incumbent Spanish firms, we find that they differ considerably, and that this has implications for management. Incumbent firms and startups differ in terms of their use of external cooperation activities as a source of innovation. The lack of financial and human resources of startups leads them to open their borders more than incumbent firms, and startups benefit from being flexible, as they have yet to implement routines. This boosts startups{\textquoteright} innovation performance.",
author = "{Gimenez Fernandez}, {Elena Maria} and Karin Beukel",
year = "2017",
doi = "10.3232/UBR.2017.V14.N3.01",
language = "English",
pages = "18--33",
journal = "Universia Business Review",
issn = "1698-5117",
publisher = "Universia Holding",
number = "55",

}

RIS

TY - JOUR

T1 - Open innovation and the comparison between startups and incumbent firms in Spain

AU - Gimenez Fernandez, Elena Maria

AU - Beukel, Karin

PY - 2017

Y1 - 2017

N2 - This study compares the open innovation strategy between startups and incumbent firms over a period of ten years (2004-2013). Using a sample of startups and incumbent Spanish firms, we find that they differ considerably, and that this has implications for management. Incumbent firms and startups differ in terms of their use of external cooperation activities as a source of innovation. The lack of financial and human resources of startups leads them to open their borders more than incumbent firms, and startups benefit from being flexible, as they have yet to implement routines. This boosts startups’ innovation performance.

AB - This study compares the open innovation strategy between startups and incumbent firms over a period of ten years (2004-2013). Using a sample of startups and incumbent Spanish firms, we find that they differ considerably, and that this has implications for management. Incumbent firms and startups differ in terms of their use of external cooperation activities as a source of innovation. The lack of financial and human resources of startups leads them to open their borders more than incumbent firms, and startups benefit from being flexible, as they have yet to implement routines. This boosts startups’ innovation performance.

U2 - 10.3232/UBR.2017.V14.N3.01

DO - 10.3232/UBR.2017.V14.N3.01

M3 - Journal article

SP - 18

EP - 33

JO - Universia Business Review

JF - Universia Business Review

SN - 1698-5117

IS - 55

ER -

ID: 185351741