IT impact on open innovation performance: Insights from a large-scale empirical investigation

Ana Castillo; Laura Ruiz; José Benitez; Florian Schuberth; Rafael Reina

doi:10.1016/j.dss.2023.114025

IT impact on open innovation performance: Insights from a large-scale empirical investigation

Ana Castillo, Laura Ruiz, José Benitez^*, Florian Schuberth, Rafael Reina

^*Corresponding author for this work

Research output: Contribution to journal › Article › Academic › peer-review

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Abstract

Motivated by prior inconclusive findings on the effectiveness of open innovation initiatives in generating business value and the complexity of open innovation, this study draws on the IT-enabled organizational capabilities perspective to propose that the mobilization of Information Technology (IT) resources can positively affect the development of open innovation initiatives and, in turn, improve firms' open innovation performance. Our empirical analysis of >1100 large Spanish firms confirms that firms' IT resource investments positively impact the development and execution of open innovation initiatives, which in turn improves firms' open innovation performance in terms of product and process innovations. This research contributes to the business value of IT and to Information Systems (IS) research on open innovation by evidencing the enabling role of IT investment in achieving open innovation performance gains.

Original language	English
Article number	114025
Journal	Decision support systems
Volume	175
Early online date	9 Jun 2023
DOIs	https://doi.org/10.1016/j.dss.2023.114025
Publication status	Published - Dec 2023

Keywords

2023 OA procedure

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

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10.1016/j.dss.2023.114025

1-s2.0-S0167923623001008-mainAccepted author version, 0.98 MBLicence: Taverne

Cite this

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title = "IT impact on open innovation performance: Insights from a large-scale empirical investigation",

abstract = "Motivated by prior inconclusive findings on the effectiveness of open innovation initiatives in generating business value and the complexity of open innovation, this study draws on the IT-enabled organizational capabilities perspective to propose that the mobilization of Information Technology (IT) resources can positively affect the development of open innovation initiatives and, in turn, improve firms' open innovation performance. Our empirical analysis of >1100 large Spanish firms confirms that firms' IT resource investments positively impact the development and execution of open innovation initiatives, which in turn improves firms' open innovation performance in terms of product and process innovations. This research contributes to the business value of IT and to Information Systems (IS) research on open innovation by evidencing the enabling role of IT investment in achieving open innovation performance gains.",

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author = "Ana Castillo and Laura Ruiz and Jos{\'e} Benitez and Florian Schuberth and Rafael Reina",

note = "Funding Information: We want to thank for the research sponsorship received by the Government of Andalusia and the European Regional Development Fund (European Union) (Research Project B-SEJ74-UGR20 ), and the Government of Spain (Research Project PID2021.124725NB·I00 ). Publisher Copyright: {\textcopyright} 2023 Elsevier B.V.",

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doi = "10.1016/j.dss.2023.114025",

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TY - JOUR

T1 - IT impact on open innovation performance: Insights from a large-scale empirical investigation

AU - Castillo, Ana

AU - Ruiz, Laura

AU - Benitez, José

AU - Schuberth, Florian

AU - Reina, Rafael

N1 - Funding Information: We want to thank for the research sponsorship received by the Government of Andalusia and the European Regional Development Fund (European Union) (Research Project B-SEJ74-UGR20 ), and the Government of Spain (Research Project PID2021.124725NB·I00 ). Publisher Copyright: © 2023 Elsevier B.V.

PY - 2023/12

Y1 - 2023/12

N2 - Motivated by prior inconclusive findings on the effectiveness of open innovation initiatives in generating business value and the complexity of open innovation, this study draws on the IT-enabled organizational capabilities perspective to propose that the mobilization of Information Technology (IT) resources can positively affect the development of open innovation initiatives and, in turn, improve firms' open innovation performance. Our empirical analysis of >1100 large Spanish firms confirms that firms' IT resource investments positively impact the development and execution of open innovation initiatives, which in turn improves firms' open innovation performance in terms of product and process innovations. This research contributes to the business value of IT and to Information Systems (IS) research on open innovation by evidencing the enabling role of IT investment in achieving open innovation performance gains.

AB - Motivated by prior inconclusive findings on the effectiveness of open innovation initiatives in generating business value and the complexity of open innovation, this study draws on the IT-enabled organizational capabilities perspective to propose that the mobilization of Information Technology (IT) resources can positively affect the development of open innovation initiatives and, in turn, improve firms' open innovation performance. Our empirical analysis of >1100 large Spanish firms confirms that firms' IT resource investments positively impact the development and execution of open innovation initiatives, which in turn improves firms' open innovation performance in terms of product and process innovations. This research contributes to the business value of IT and to Information Systems (IS) research on open innovation by evidencing the enabling role of IT investment in achieving open innovation performance gains.

KW - 2023 OA procedure

U2 - 10.1016/j.dss.2023.114025

DO - 10.1016/j.dss.2023.114025

M3 - Article

SN - 0167-9236

VL - 175

JO - Decision support systems

JF - Decision support systems

M1 - 114025

ER -

IT impact on open innovation performance: Insights from a large-scale empirical investigation

Abstract

Keywords

UN SDGs

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