Exploring the dynamics of openness and formal appropriability and its impact on innovation performance in start-ups

Research output: Contribution to journal › Journal article › Research › peer-review

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Exploring the dynamics of openness and formal appropriability and its impact on innovation performance in start-ups. / Gimenez-Fernandez, Elena M.; Stefan, Ioana; Beukel, Karin; Sandulli, Francesco.

In: R and D Management, Vol. 53, No. 3, 2023, p. 434-458.

Research output: Contribution to journal › Journal article › Research › peer-review

Harvard

Gimenez-Fernandez, EM, Stefan, I, Beukel, K & Sandulli, F 2023, 'Exploring the dynamics of openness and formal appropriability and its impact on innovation performance in start-ups', R and D Management, vol. 53, no. 3, pp. 434-458. https://doi.org/10.1111/radm.12583

APA

Gimenez-Fernandez, E. M., Stefan, I., Beukel, K., & Sandulli, F. (2023). Exploring the dynamics of openness and formal appropriability and its impact on innovation performance in start-ups. R and D Management, 53(3), 434-458. https://doi.org/10.1111/radm.12583

Vancouver

Gimenez-Fernandez EM, Stefan I, Beukel K, Sandulli F. Exploring the dynamics of openness and formal appropriability and its impact on innovation performance in start-ups. R and D Management. 2023;53(3):434-458. https://doi.org/10.1111/radm.12583

Author

Gimenez-Fernandez, Elena M. ; Stefan, Ioana ; Beukel, Karin ; Sandulli, Francesco. / Exploring the dynamics of openness and formal appropriability and its impact on innovation performance in start-ups. In: R and D Management. 2023 ; Vol. 53, No. 3. pp. 434-458.

Bibtex

@article{36fa57bad3c54b36b5a1c22d0b0f0036,
title = "Exploring the dynamics of openness and formal appropriability and its impact on innovation performance in start-ups",
abstract = "A tension between openness and formal appropriability (FA) emerges in start-ups as they require both in order to attract investors or innovation partners, yet their limited resources are a challenge in this pursuit. This paper sheds light on this tension through the study of the dynamics of openness and formal appropriability over time and the impact of combining openness and formal appropriability mechanisms (FAMs) on innovation performance. Using a longitudinal panel sample of Spanish start-ups during a period of ten years, it is found that start-ups change their openness and formal appropriability strategies over their development and that a combination of openness and formal appropriability enhances start-ups' innovation performance. This combinative strategy is more relevant for start-ups during the early years of start-up growth, and if they have a high R&D intensity. The study contributes to literature that analyses the trade-off between openness and appropriability, and bridges entrepreneurship and open innovation literatures, providing valuable implications for managers.",
author = "Gimenez-Fernandez, {Elena M.} and Ioana Stefan and Karin Beukel and Francesco Sandulli",
note = "Publisher Copyright: {\textcopyright} 2023 The Authors. R&D Management published by RADMA and John Wiley & Sons Ltd.",
year = "2023",
doi = "10.1111/radm.12583",
language = "English",
volume = "53",
pages = "434--458",
journal = "R and D Management",
issn = "0033-6807",
publisher = "Wiley-Blackwell",
number = "3",

}

RIS

TY - JOUR

T1 - Exploring the dynamics of openness and formal appropriability and its impact on innovation performance in start-ups

AU - Gimenez-Fernandez, Elena M.

AU - Stefan, Ioana

AU - Beukel, Karin

AU - Sandulli, Francesco

N1 - Publisher Copyright: © 2023 The Authors. R&D Management published by RADMA and John Wiley & Sons Ltd.

PY - 2023

Y1 - 2023

N2 - A tension between openness and formal appropriability (FA) emerges in start-ups as they require both in order to attract investors or innovation partners, yet their limited resources are a challenge in this pursuit. This paper sheds light on this tension through the study of the dynamics of openness and formal appropriability over time and the impact of combining openness and formal appropriability mechanisms (FAMs) on innovation performance. Using a longitudinal panel sample of Spanish start-ups during a period of ten years, it is found that start-ups change their openness and formal appropriability strategies over their development and that a combination of openness and formal appropriability enhances start-ups' innovation performance. This combinative strategy is more relevant for start-ups during the early years of start-up growth, and if they have a high R&D intensity. The study contributes to literature that analyses the trade-off between openness and appropriability, and bridges entrepreneurship and open innovation literatures, providing valuable implications for managers.

AB - A tension between openness and formal appropriability (FA) emerges in start-ups as they require both in order to attract investors or innovation partners, yet their limited resources are a challenge in this pursuit. This paper sheds light on this tension through the study of the dynamics of openness and formal appropriability over time and the impact of combining openness and formal appropriability mechanisms (FAMs) on innovation performance. Using a longitudinal panel sample of Spanish start-ups during a period of ten years, it is found that start-ups change their openness and formal appropriability strategies over their development and that a combination of openness and formal appropriability enhances start-ups' innovation performance. This combinative strategy is more relevant for start-ups during the early years of start-up growth, and if they have a high R&D intensity. The study contributes to literature that analyses the trade-off between openness and appropriability, and bridges entrepreneurship and open innovation literatures, providing valuable implications for managers.

U2 - 10.1111/radm.12583

DO - 10.1111/radm.12583

M3 - Journal article

AN - SCOPUS:85150268553

VL - 53

SP - 434

EP - 458

JO - R and D Management

JF - R and D Management

SN - 0033-6807

IS - 3

ER -

ID: 372967611