Application of open innovation in regional clusters: Empirical evidence from Europe
Huang, F. and Rice, J. (2011) Application of open innovation in regional clusters: Empirical evidence from Europe. In: Proceedings of The 25th Australian and New Zealand Academy of Management (ANZAM) conference, 7 - 9 December, Wellington, New Zealand
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Open innovation seeks to assess knowledge exchange between organisations, but generally much of the research into open innovation ignores issues relating to proximity and geographical clustering. To remedy this relative paucity of research into open innovation and proximity issues, we look at various open innovation constructs within a sample of 3,468 European firms. We find that co-location within clusters facilitates open innovation effectiveness in terms of enhanced knowledge flows between firms and between firms and universities. We note that this concomitantly leads to a reduction on internal R&D investments within cluster-based firms. Our research has implications for both the economic geography and open innovation literature.
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