Paper Infomation
Inbound Open Innovation, Business Model Design and Firm Innovation Performance
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Author: Minghui Ma, Weirong Wang, Pengbin Gao, Zhou Zhang
Abstract: Through systematic literature review, this study constructs a relationship model of the impact of inbound open innovation on firm innovation performance, and introduced two-dimensional business model design (novelty and efficiency) as mediation variables. It is preliminary confirmed theoretically that inbound open innovation has a positive impact on firm innovation performance, and the rationality of business model playing a mediation role in the relationship between inbound open innovation and innovation performance. Through questionnaire survey and empirical analysis, it is concluded that inbound open innovation has a positive impact on firm innovation performance; Two-dimensional business model design (novelty and efficiency) play a completely positive mediation role in the relationship between inbound open innovation and innovation performance. Based on these findings, this paper developed recommendations for future research.
Keywords: Inbound Open Innovation, Innovation Performance, Novelty-centered Business Model Design, Efficiency-centered Business Model Design
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