The influence of open innovation practices on business performance in Mexican family and non-family SMEs

Open innovation has emerged as a topic of great importance due to the recognized benefits that it brings to the company's business performance; however, it has been sparsely addressed in SMEs from developing countries. Therefore, this study aims to analyze and discuss the relationship between o...

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Main Authors: Marisela-Yazmín García-Vidales, Gonzalo Maldonado-Guzmán, Sandra-Yesenia Pinzón-Castro
Format: Article
Language:Spanish
Published: Universidad ICESI 2019-12-01
Series:Estudios Gerenciales
Subjects:
Online Access:https://www.icesi.edu.co/revistas/index.php/estudios_gerenciales/article/view/3202
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spelling doaj-77b7978bbbc645a2a214cdaeb8b410b12020-11-25T02:55:55ZspaUniversidad ICESIEstudios Gerenciales0123-59230123-59232019-12-0135153370378https://doi.org/10.18046/j.estger.2019.153.3202The influence of open innovation practices on business performance in Mexican family and non-family SMEsMarisela-Yazmín García-Vidales0Gonzalo Maldonado-Guzmán1Sandra-Yesenia Pinzón-Castro2Estudiante, Doctorado en Ciencias Administrativas, Centro de Ciencias Económicas y Administrativas, Universidad Autónoma de Aguascalientes, Aguascalientes, México.Secretario de Investigación y Posgrado, Centro de Ciencias Económicas y Administrativas, Universidad Autónoma de Aguascalientes, Aguascalientes, México. Decana, Centro de Ciencias Económicas y Administrativas, Universidad Autónoma de Aguascalientes, Aguascalientes, México. Open innovation has emerged as a topic of great importance due to the recognized benefits that it brings to the company's business performance; however, it has been sparsely addressed in SMEs from developing countries. Therefore, this study aims to analyze and discuss the relationship between open innovation and business performance in family and non-family SMEs in Mexico. A survey-based study was carried out on a sample of 308 firms. Following this, the data was analyzed through a structural equation model. The results show that for these companies, the outflow and especially the inflow of external knowledge exert a positive influence on business performance. https://www.icesi.edu.co/revistas/index.php/estudios_gerenciales/article/view/3202open innovationinboundoutboundbusiness performancefamily firmsnon-family firms.
collection DOAJ
language Spanish
format Article
sources DOAJ
author Marisela-Yazmín García-Vidales
Gonzalo Maldonado-Guzmán
Sandra-Yesenia Pinzón-Castro
spellingShingle Marisela-Yazmín García-Vidales
Gonzalo Maldonado-Guzmán
Sandra-Yesenia Pinzón-Castro
The influence of open innovation practices on business performance in Mexican family and non-family SMEs
Estudios Gerenciales
open innovation
inbound
outbound
business performance
family firms
non-family firms.
author_facet Marisela-Yazmín García-Vidales
Gonzalo Maldonado-Guzmán
Sandra-Yesenia Pinzón-Castro
author_sort Marisela-Yazmín García-Vidales
title The influence of open innovation practices on business performance in Mexican family and non-family SMEs
title_short The influence of open innovation practices on business performance in Mexican family and non-family SMEs
title_full The influence of open innovation practices on business performance in Mexican family and non-family SMEs
title_fullStr The influence of open innovation practices on business performance in Mexican family and non-family SMEs
title_full_unstemmed The influence of open innovation practices on business performance in Mexican family and non-family SMEs
title_sort influence of open innovation practices on business performance in mexican family and non-family smes
publisher Universidad ICESI
series Estudios Gerenciales
issn 0123-5923
0123-5923
publishDate 2019-12-01
description Open innovation has emerged as a topic of great importance due to the recognized benefits that it brings to the company's business performance; however, it has been sparsely addressed in SMEs from developing countries. Therefore, this study aims to analyze and discuss the relationship between open innovation and business performance in family and non-family SMEs in Mexico. A survey-based study was carried out on a sample of 308 firms. Following this, the data was analyzed through a structural equation model. The results show that for these companies, the outflow and especially the inflow of external knowledge exert a positive influence on business performance.
topic open innovation
inbound
outbound
business performance
family firms
non-family firms.
url https://www.icesi.edu.co/revistas/index.php/estudios_gerenciales/article/view/3202
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