Template-type: ReDif-Paper 1.0
Author-Name: Egbetokun A. 
Author-Name: Oluwatope O. 
Author-Name: Adeyeye D. 
Author-Name: Sanni M. 
Author-workplace-name: UNU-MERIT
Title: The role of industry and economic context in open innovation: Evidence from Nigeria
Abstract: Using innovation survey data on a sample of UK manufacturing firms,  Laursen and Salter 2006 documented a non-monotonous relationship  between external search strategies and firm-level innovative  performance. We find partially similar results in a combined sample of  Nigerian manufacturing and service firms. A major discrepancy is that  external search appears not to matter for radical innovation in our  sample. Based on multiple research streams including economics of  innovation and development economics, we develop and test new hypotheses  on sectoral differences and the role of the economic context. We find  that in a developing context, a wider range of innovation obstacles  implies broader external search and more intense obstacles require  deeper search. We explore the implications of these results for  management research and theory.
Keywords: Multiple or Simultaneous Equation Models; Multiple Variables: General; Transactional Relationships; Contracts and Reputation; Networks; Management of Technological Innovation and R&D; 
Classification-JEL: L14; O32; C30; .
Series:  Working Papers
Creation-Date: 2014
Number: 073
File-URL: http://pub.maastrichtuniversity.nl/4401e306-5724-439a-a2f9-4ff8586b8e5d
File-Format: application/pdf
File-Size: 546666
Handle: RePEc:unm:unumer:2014073