Open Innovation, a Tool for Globalization: The Case of South Korean SMEs

Authors

  • Rara Hye-Seong Jeon Trident University, Korea Venture Business Association
  • Daniel Degravel California State University, Northridge

DOI:

https://doi.org/10.33423/jmpp.v20i2.2094

Keywords:

Management, Technology, SMEs, Innovation, South Korea, internationalized SMEs, empirical study

Abstract

This study explores the phenomenon of open innovation in high tech Korean SMEs. Which mechanisms do lead SMEs to choose a specific model of innovation?

The paper includes a literature review as well as an empirical study of internationalized SMEs, based on in-depth interviews, observations, and documents.

Open innovation does not always constitute the best model of innovation solution for all SME. This paper proposes a model for assessing the fit between a company and the various models of innovation, and a strategic guide to design an innovation model for successful collaboration with the best partners.

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Published

2019-07-17

How to Cite

Jeon, R. H.-S., & Degravel, D. (2019). Open Innovation, a Tool for Globalization: The Case of South Korean SMEs. Journal of Management Policy and Practice, 20(2). https://doi.org/10.33423/jmpp.v20i2.2094

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Section

Articles