Title

Open innovation in Colombian enterprises: Challenge to overcome

Document Type

Article

Publication Date

1-1-2015

Publication Title

Revista Venezolana de Gerencia

Abstract

The importance currently given by developed countries enterprises to the named open innovation is fundamental to strengthen their innovative capacity. In that sense, this article analyzes the use that companies from countries such as Colombia make of the different open innovation sources in order to develop their innovations and the effect those sources have in the profitability and their markets participation. Therefore, a perception survey of 434 managers from 53 small, medium and large enterprises considered innovators from different economic sectors of Bogotá, Colombia was made. The data processing was carried out by descriptive statistic and the multiple linear regression model. The results indicate that the studied companies utilize internal sources for their innovations but very little external sources. They barely practice open innovation given that they continue to highlight their work on traditional innovation based on generation, design and development of ideas that have emerged from the inside of themselves. According to recent studies on innovation, this is considered an insufficient approach in the direction of responding to the current business environment challenges.

Volume

20

Issue

70

First Page

252

Last Page

267

ISSN

13159984

Identifier

SCOPUS_ID:84948779191

Documento original

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