Next Article in Journal
The Value of Board Diversity in the Relationship of Corporate Governance and Investment Decisions of Pakistani Firms
Next Article in Special Issue
Innovative CRM and Performance of SMEs: The Moderating Role of Relational Capital
Previous Article in Journal
How Do Face Consciousness and Public Self-Consciousness Affect Consumer Decision-Making?
Previous Article in Special Issue
R&D Collaboration, Competitiveness Development, and Open Innovation in R&D
Article

Inbound and Outbound Practices of Open Innovation and Eco-Innovation: Contrasting Bioeconomy and Non-Bioeconomy Firms

by 1,2,3,4,*, 2,3 and 2
1
Faculty of Social and Human Sciences, NECE–Research Center in Business Sciences, University of Beira Interior, 6200-001 Covilhã, Portugal
2
Research Center in Business Sciences (NECE), University of Beira Interior, 6200-209 Covilhã, Portugal
3
Centre for Management Studies of Instituto Superior Técnico (CEG-IST), University of Lisbon, 1649-004 Lisboa, Portugal
4
Instituto de Ciências Sociais, ICS, University of Lisbon, 1649-004 Lisboa, Portugal
*
Author to whom correspondence should be addressed.
J. Open Innov. Technol. Mark. Complex. 2020, 6(4), 145; https://doi.org/10.3390/joitmc6040145
Received: 26 October 2020 / Revised: 7 November 2020 / Accepted: 9 November 2020 / Published: 13 November 2020
(This article belongs to the Special Issue Open Innovation in Micro, Small and Medium-Sized Enterprises)
Generating innovation with environmental impact is crucial for firms to achieve sustainable eco-innovative performance. In the reference literature on open innovation, gaps still persist at the level of scarce and limited knowledge on the use of knowledge sources and flows, for the purpose of strengthening the eco-innovative performance of the bioeconomy sector. To address these caveats, this study analyses the effects of open innovation on eco-innovation, based on inbound and outbound support practices. Specifically, it aims to analyse the effects of these practices on the eco-innovative performance of bioeconomy and non-bioeconomy firms, using secondary data gathered from the Community Innovation Survey—CIS 2010 for a sample of moderately innovative countries, namely Slovakia, Spain, Hungary, Italy, Portugal and the Czech Republic. The conceptual model proposed is tested using multivariate tobit regression models, in order to ensure the accuracy and reliability required to validate empirical tests. Overall, the empirical evidence allows the conclusion that inbound and outbound practices and public policies have a positive and significant influence on the eco-innovative performance of the firms studied. The contribution provided is two-fold: (i) in theoretical terms, an operational model of open innovation inbound and outbound practices is extended, crossing financial flows and innovation directions; and (ii) in empirical terms, new light is shed on the still limited knowledge about the positive and significant effects of open innovation outbound practices on the eco-innovative performance of companies belonging to a global strategic sector—that is, the bioeconomy sector, which has renewed strategic importance in the face of global climate change.
View Full-Text
Keywords: bioeconomy; eco-innovation; inbound; open innovation; outbound bioeconomy; eco-innovation; inbound; open innovation; outbound
Show Figures

Figure 1

MDPI and ACS Style

Leitão, J.; Pereira, D.; Brito, S.d. Inbound and Outbound Practices of Open Innovation and Eco-Innovation: Contrasting Bioeconomy and Non-Bioeconomy Firms. J. Open Innov. Technol. Mark. Complex. 2020, 6, 145. https://doi.org/10.3390/joitmc6040145

AMA Style

Leitão J, Pereira D, Brito Sd. Inbound and Outbound Practices of Open Innovation and Eco-Innovation: Contrasting Bioeconomy and Non-Bioeconomy Firms. Journal of Open Innovation: Technology, Market, and Complexity. 2020; 6(4):145. https://doi.org/10.3390/joitmc6040145

Chicago/Turabian Style

Leitão, João, Dina Pereira, and Sónia d. Brito 2020. "Inbound and Outbound Practices of Open Innovation and Eco-Innovation: Contrasting Bioeconomy and Non-Bioeconomy Firms" Journal of Open Innovation: Technology, Market, and Complexity 6, no. 4: 145. https://doi.org/10.3390/joitmc6040145

Find Other Styles
Note that from the first issue of 2016, MDPI journals use article numbers instead of page numbers. See further details here.

Article Access Map by Country/Region

1
Back to TopTop