Does information technology improve open innovation performance? An examination of manufacturers in spain

  1. Gómez, J. 1
  2. Salazar, I. 1
  3. Vargas, P. 1
  1. 1 Universidad de La Rioja
    info

    Universidad de La Rioja

    Logroño, España

    ROR https://ror.org/0553yr311

Revista:
Information Systems Research

ISSN: 1047-7047

Any de publicació: 2017

Volum: 28

Número: 3

Pàgines: 661-675

Tipus: Article

DOI: 10.1287/ISRE.2017.0705 SCOPUS: 2-s2.0-85035309956 WoS: WOS:000411669300012 GOOGLE SCHOLAR

Altres publicacions en: Information Systems Research

Resum

Our objective in this paper is to explore the impact of information technology (IT) on the performance of open innovation models. We study the effect of IT on the production of patents and product innovations. Our analysis of a large panel of Spanish manufacturing firms confirms that the effect of the proportion of external research and development (R and D) investments on the production of patents and new products has an inverted U-shape. The results also reveal that investments in IT positively moderate the consequences of open innovation on innovation performance by reducing identification, assimilation, and utilization costs. Our results provide evidence of the viability and benefit of a new strategic alternative to innovation that is different than the traditional process of vertically integrated R and D. © 2017 INFORMS.