Determinants of open innovation in low-tech SMEs: the influence of the top management team and employees' human capital

This article aims to analyze the influence of top management team (TMT) characteristics and employees’ human capital on the adoption of open innovation practices in low-tech SMEs. The empirical study is based on the use of structural equations from the data derived from a questionnaire applied to 95...

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Autores:
VEGA-JURADO, JAIDER
Sánchez Mojica, Karla Yohana
Paternina-Arboleda, Carlos
Manjarres-Henriquez, Liney
Tipo de recurso:
Article of journal
Fecha de publicación:
2022
Institución:
Corporación Universidad de la Costa
Repositorio:
REDICUC - Repositorio CUC
Idioma:
eng
OAI Identifier:
oai:repositorio.cuc.edu.co:11323/9422
Acceso en línea:
https://hdl.handle.net/11323/9422
https://dx.doi.org/10.4067/S0718-27242022000100003
https://repositorio.cuc.edu.co/
Palabra clave:
Open innovation
SMEs
Determinants
TMT diversity
TMT coordination
Employee education and training
Employee experience
Rights
openAccess
License
© Universidad Alberto Hurtado, Facultad de Economía y Negocios.
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network_name_str REDICUC - Repositorio CUC
repository_id_str
dc.title.eng.fl_str_mv Determinants of open innovation in low-tech SMEs: the influence of the top management team and employees' human capital
title Determinants of open innovation in low-tech SMEs: the influence of the top management team and employees' human capital
spellingShingle Determinants of open innovation in low-tech SMEs: the influence of the top management team and employees' human capital
Open innovation
SMEs
Determinants
TMT diversity
TMT coordination
Employee education and training
Employee experience
title_short Determinants of open innovation in low-tech SMEs: the influence of the top management team and employees' human capital
title_full Determinants of open innovation in low-tech SMEs: the influence of the top management team and employees' human capital
title_fullStr Determinants of open innovation in low-tech SMEs: the influence of the top management team and employees' human capital
title_full_unstemmed Determinants of open innovation in low-tech SMEs: the influence of the top management team and employees' human capital
title_sort Determinants of open innovation in low-tech SMEs: the influence of the top management team and employees' human capital
dc.creator.fl_str_mv VEGA-JURADO, JAIDER
Sánchez Mojica, Karla Yohana
Paternina-Arboleda, Carlos
Manjarres-Henriquez, Liney
dc.contributor.author.spa.fl_str_mv VEGA-JURADO, JAIDER
Sánchez Mojica, Karla Yohana
Paternina-Arboleda, Carlos
Manjarres-Henriquez, Liney
dc.subject.proposal.eng.fl_str_mv Open innovation
SMEs
Determinants
TMT diversity
TMT coordination
Employee education and training
Employee experience
topic Open innovation
SMEs
Determinants
TMT diversity
TMT coordination
Employee education and training
Employee experience
description This article aims to analyze the influence of top management team (TMT) characteristics and employees’ human capital on the adoption of open innovation practices in low-tech SMEs. The empirical study is based on the use of structural equations from the data derived from a questionnaire applied to 95 companies in the agro-industrial sector located in the northeastern region of Colombia. The results indicate that both the TMT’s diversity and coordination have a significant and positive influence on the adoption of open innovation practices. On the other hand, regarding human capital, the results indicate that the experience of the employees is a more decisive feature when implementing open innovation strategies than their level of education and training. This paper contributes to the literature by providing part of the missing microfoundations of open innovation and more strongly connecting open innovation, human capital, and TMT configuration.
publishDate 2022
dc.date.accessioned.none.fl_str_mv 2022-08-02T19:03:52Z
dc.date.available.none.fl_str_mv 2022-08-02T19:03:52Z
dc.date.issued.none.fl_str_mv 2022-04-24
dc.type.spa.fl_str_mv Artículo de revista
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dc.identifier.citation.spa.fl_str_mv Vega Jurado, Jaider Manuel, Sánchez-Mojica, Karla Yohana, Paternina-Arboleda, Carlos D., & Manjarrés-Henriquez, Liney. (2022). Determinants of open innovation in low-tech SMEs: the influence of the top management team and employees’ human capital. Journal of technology management & innovation, 17(1), 3-14. https://dx.doi.org/10.4067/S0718-27242022000100003
dc.identifier.issn.spa.fl_str_mv 0718-2724
dc.identifier.uri.spa.fl_str_mv https://hdl.handle.net/11323/9422
dc.identifier.url.spa.fl_str_mv https://dx.doi.org/10.4067/S0718-27242022000100003
dc.identifier.doi.spa.fl_str_mv 10.4067/S0718-27242022000100003
dc.identifier.instname.spa.fl_str_mv Corporación Universidad de la Costa
dc.identifier.reponame.spa.fl_str_mv REDICUC - Repositorio CUC
dc.identifier.repourl.spa.fl_str_mv https://repositorio.cuc.edu.co/
identifier_str_mv Vega Jurado, Jaider Manuel, Sánchez-Mojica, Karla Yohana, Paternina-Arboleda, Carlos D., & Manjarrés-Henriquez, Liney. (2022). Determinants of open innovation in low-tech SMEs: the influence of the top management team and employees’ human capital. Journal of technology management & innovation, 17(1), 3-14. https://dx.doi.org/10.4067/S0718-27242022000100003
0718-2724
10.4067/S0718-27242022000100003
Corporación Universidad de la Costa
REDICUC - Repositorio CUC
url https://hdl.handle.net/11323/9422
https://dx.doi.org/10.4067/S0718-27242022000100003
https://repositorio.cuc.edu.co/
dc.language.iso.none.fl_str_mv eng
language eng
dc.relation.ispartofjournal.spa.fl_str_mv Journal of Technology Management and Innovation
dc.relation.references.spa.fl_str_mv Ahn, JM., Minshall, T., & Mortara, L. (2017). Understanding the human side of openness: the fit between open innovation modes and CEO characteristics. R&D Management, 47(5), 727-740.
Battistella, C., De Toni AF., & Pessot, E. (2017). Practising open innovation: a framework of reference. Business Process Management Journal, 23(6), 1311-1336.
Brunswicker, S., & Ehrenmann, F. (2013). Managing open innovation in SMEs: A good practice example of a German software firm. International Journal of Industrial Engineering and Management, 4(1), 33-41.
Brunswicker, S., & Vanhaverbeke W. (2015). Open Innovation in Small and Medium-Sized Enterprises (SMEs): External Knowledge Sourcing Strategies and Internal Organizational Facilitators. Journal of Small Business Management, 53(4), 1241-1263.
Chesbrough H. (2010). How Smaller Companies Can Benefit from Open Innovation. Economy, Culture & History Japan Spotlight Bimonthly 29, 13-15.
Chesbrougt, H. W. (2003). The era of open innovation. Mit Sloan Management Review, 35-41.
Chin, W. (1998). The partial least square approach to structural equation modelling. Mahawah, Estados Unidos: Lawrence Erlbaum.
Cohen, W., & Levinthal, D. (1990). Absorptive capacity: a new perspective on learning and innovation. Administrative Science Quarterly, 35(1), 128-152.
Dahlander L and Gann DM. (2010) How open is innovation? Research Policy 39 (6), 699-709.
Daspit, J., Ramachandran, I., & D’Souza, D. (2014). TMT Shared Leadership and Firm Performance: Investigating the Mediating Role of Absorptive Capacity. Journal of Managerial Issues, 26(3), 219-239.
Eisenhardt, K. M., & Martin, J. A. (2000). Dynamic capabilities: what are they? Strategic Management Journal, 21 (10-11), 1105-1121.
Freel, M. S. (2005). Patterns of innovation and skills in small firms. Technovation, 25(2), 123-134.
Gray, C. (2006). Absorptive capacity, knowledge management and innovation in entrepreneurial small firms. International Journal of Entrepreneurial Behavior & Research, 12(6), 345- 360.
Haukipuro, L., Vainamo, S., & Hyrkas P. (2018). Innovation Instruments to Co-Create Needs-Based Solutions in a Living Lab. Technology Innovation Management Review, 8, 22-35.
Hambrick, D.C. (2007). Upper echelons theory – an update. Academy of Management Review, 32(2), 334-343.
Hambrick, D.C., & Mason, A. (1984). Upper echelons: the organization as a reflection of its top managers. Academy of Management Review, 9(2), 193-206.
Henseler, J., Hubona, G., & Ray, P.A. (2016). Using PLS path modeling in new technology research: updated guidelines. Industrial Management and Data Systems, 116 (1), 2-20.
Hossain, M., & Kauranen, I. (2016). Open innovation in SMEs: a systematic literature review. Journal of Strategy and Management, 9, 58-73.
Jang H, Lee K., & Yoon B. (2017). Development of an open innovation model for R&D collaboration between large firms and small-medium enterprises (SMEs) in manufacturing industries. International Journal of Innovation Management 21 (1), 1-29.
Knight, D., Pearce, C.L., Smith, K.G., Olian, J.D., Sims, H.P., Smith, K.A., & Flood, P. (1999). Top management team diversity, group process, and strategic consensus. Strategic Management Journal, 20(5), 445-458.
Koryak, O., Lockett, A., Hayton, J., Nicolaou, N., & Mole, K. (2018). Disentangling the antecedents of ambidexterity: exploration and exploitation. Research Policy, 413-427.
Leiponen, A. (2005). Skills and innovation. International Journal of Industrial Organization, 23(5), 303-323.
Mathieu, J., Maynard, M. T., Rapp, T. L., & Gilson, L. (2008). Team Effectiveness 1997-2007: A Review of Recent Advancements and a Glimpse Into the Future. Journal of Management, 34(3), 410-476.
Moretti, F., & Biancardi, D. (2020). Inbound open innovation and firm performance. Journal of Innovation & Knowledge, 5(1), 1-19.
Morgan T., Anokhin SA., Song C., Chistyakova, N. (2019). The role of customer participation in building new product development speed capabilities in turbulent environments. International Entrepreneurship and Management Journal, 15, 119-133.
Najar, T. and Dhaouadi, K. (2020), “Chief Executive Officer’s traits and open innovation in small and medium enterprises: the mediating role of innovation climate”, Journal of Small Business and Enterprise Development, 27(4), 607-631.
Natalicchio, A., Messeni Petruzzelli, A., Cardinali, S., & Savino, T. (2018). Open innovation and the human resource dimension: An investigation into the Italian manufacturing sector. Management Decision, 56(6), 1271-1284.
Nielsen, S. (2010). Top management team diversity: a review of theories and methodologies. International Journal of Management Reviews, 12(3), 301-316.
OECD (2005). Oslo Manual: Guidelines for Collecting and Interpreting Innovation Data, 3rd ed.,OECD, Paris.
OECD/CAF (2019). América Latina y el Caribe 2019: Políticas para PYMEs competitivas en la Alianza del Pacífico y países participantes de América del Sur. OECD Publishing, Paris.
Röd, I. (2019). TMT diversity and innovation ambidexterity in family firms: The mediating role of open innovation breadth. Journal of Family Business Management, 9(4), 377-392.
Romijn, H., & Albaladejo, M. (2002). Determinants of innovation capability in small electronics and software firms in southeast England. Research Policy, 31(7), 1053-1067.
Souitaris, V. (2002). Firm-Specific Competencies Determining Technological Innovation: A Survey in Greece. R& D Management, 32(1), 61-77.
Spithoven A, Vanhaverbeke W., & Roijakkers N. (2013). Open innovation practices in SMEs and large enterprises. Small Business Economics 41, 537-562.
Tapscott, D. (2012). Succeeding through radical openness. Rotman Magazine Winter, 17-21.
Tchuinou, C., Poulin, D., & Veilleux, S. (2021). Understanding the specific characteristics and determinants of open innovation in small and medium-sized enterprises: A systematic literature review. International Journal of Innovation Management. Retrieved from https:// doi.org/10.1142/S1363919621500638
Teirlinck, P., & Spithoven A. (2013). Research collaboration and R&D outsourcing: Different R&D personnel requirements in SMEs. Technovation, 33 (4-5), 142-153
Theyel, N. (2012). Extending open innovation throughout the value chain by small and medium-sized manufacturers. International Small Business Journal: Researching Entrepreneurship, 31(3), 256-274.
Tripathi, SS. (2016). Open Innovation in Indian Organizations: Types of Collaboration. Technology Innovation Management Review, 6(5), 15-23.
Tripsas, M., & Gavetti, G. (2000). Capabilities, cognition, and inertia: evidence from digital imaging. Strategic Management Journal , 21(10- 11), 1147-1161.
Vega-Jurado, J.; Juliao-Esparragoza, D.; Paternina-Arboleda, C.D., & Velez, M.C. (2015). Integrating technology,management and marketing innovation through open innovation models. Journal of Technoly Management and Innovation ,10, 85–90
Vega-Jurado, J., Polo-Otero, J.L., Cotes-Torres, M.A., & Vega-Cárcamo, J.C. (2017). La base de conocimiento y su impacto en la capacidad de absorción de pymes de baja tecnología. Cuadernos de Administración, 30(55), 1-30.
Vega-Jurado, J., Schmutzler, J., Manjarrés- Henríquez, L., & VegaCárcamo, J. (2019). Orchestrating absorptive capacity: organizational catalysts of TMT’s influence. Management Research: Journal of the Iberoamerican Academy of Managemen, 17(4), 426-444.
Vicentin, F.O.d.P., Vasconcelos Ribeiro Galina, S., Fernandes Rodrigues Alves, M. and Backx Noronha Viana, A. (2021), “Asymmetric effects of alliance intensity on absorptive capacity: the differences between potential and realized capacities”, Journal of Small Business and Enterprise Development, Vol. ahead-of-print No. ahead-of-print. https://doi.org/10.1108/JSBED-05-2020-0146.
Vinding, A. L. (2006). Absorptive capacity and innovative performance: A human capital. Economics of Innovation and New Technology, 15, 507-517.
West, J., & Bogers, M. (2017). Open innovation: current status and research opportunities. Journal Innovation: Organization & Management, 19, 43-50.
Zahra, S.A., & George, G. (2002). Absorptive capacity: a review, reconceptualization, and extension. Academy of Management Review, 27(2), 185-203.
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spelling VEGA-JURADO, JAIDERSánchez Mojica, Karla YohanaPaternina-Arboleda, CarlosManjarres-Henriquez, Liney2022-08-02T19:03:52Z2022-08-02T19:03:52Z2022-04-24Vega Jurado, Jaider Manuel, Sánchez-Mojica, Karla Yohana, Paternina-Arboleda, Carlos D., & Manjarrés-Henriquez, Liney. (2022). Determinants of open innovation in low-tech SMEs: the influence of the top management team and employees’ human capital. Journal of technology management & innovation, 17(1), 3-14. https://dx.doi.org/10.4067/S0718-272420220001000030718-2724https://hdl.handle.net/11323/9422https://dx.doi.org/10.4067/S0718-2724202200010000310.4067/S0718-27242022000100003Corporación Universidad de la CostaREDICUC - Repositorio CUChttps://repositorio.cuc.edu.co/This article aims to analyze the influence of top management team (TMT) characteristics and employees’ human capital on the adoption of open innovation practices in low-tech SMEs. The empirical study is based on the use of structural equations from the data derived from a questionnaire applied to 95 companies in the agro-industrial sector located in the northeastern region of Colombia. The results indicate that both the TMT’s diversity and coordination have a significant and positive influence on the adoption of open innovation practices. On the other hand, regarding human capital, the results indicate that the experience of the employees is a more decisive feature when implementing open innovation strategies than their level of education and training. This paper contributes to the literature by providing part of the missing microfoundations of open innovation and more strongly connecting open innovation, human capital, and TMT configuration.Este artículo tiene como objetivo analizar la influencia de las características del equipo de alta dirección (TMT) y el capital humano de los empleados en la adopción de prácticas de innovación abierta en las pymes de baja tecnología. El estudio empírico se basa en el uso de ecuaciones estructurales a partir de los datos derivados de un cuestionario aplicado a 95 empresas del sector agroindustrial ubicadas en la región noreste de Colombia. Los resultados indican que tanto la diversidad como la coordinación del TMT tienen una influencia significativa y positiva en la adopción de prácticas de innovación abierta. Por otro lado, en cuanto al capital humano, los resultados indican que la experiencia de los empleados es un rasgo más determinante a la hora de implementar estrategias de innovación abierta que su nivel de educación y formación. Este artículo contribuye a la literatura al proporcionar parte de los microfundamentos faltantes de la innovación abierta y al conectar de manera más sólida la innovación abierta, el capital humano y la configuración de TMT.12 páginasapplication/pdfengJournal of Technology Management & Innovation GroupChile© Universidad Alberto Hurtado, Facultad de Economía y Negocios.Atribución 4.0 Internacional (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/info:eu-repo/semantics/openAccesshttp://purl.org/coar/access_right/c_abf2Determinants of open innovation in low-tech SMEs: the influence of the top management team and employees' human capitalArtículo de revistahttp://purl.org/coar/resource_type/c_6501http://purl.org/coar/resource_type/c_2df8fbb1Textinfo:eu-repo/semantics/articlehttp://purl.org/redcol/resource_type/ARThttp://purl.org/coar/version/c_970fb48d4fbd8a85https://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-27242022000100003&lng=es&nrm=iso&tlng=esJournal of Technology Management and InnovationAhn, JM., Minshall, T., & Mortara, L. (2017). Understanding the human side of openness: the fit between open innovation modes and CEO characteristics. R&D Management, 47(5), 727-740.Battistella, C., De Toni AF., & Pessot, E. (2017). Practising open innovation: a framework of reference. Business Process Management Journal, 23(6), 1311-1336.Brunswicker, S., & Ehrenmann, F. (2013). Managing open innovation in SMEs: A good practice example of a German software firm. International Journal of Industrial Engineering and Management, 4(1), 33-41.Brunswicker, S., & Vanhaverbeke W. (2015). Open Innovation in Small and Medium-Sized Enterprises (SMEs): External Knowledge Sourcing Strategies and Internal Organizational Facilitators. Journal of Small Business Management, 53(4), 1241-1263.Chesbrough H. (2010). How Smaller Companies Can Benefit from Open Innovation. Economy, Culture & History Japan Spotlight Bimonthly 29, 13-15.Chesbrougt, H. W. (2003). The era of open innovation. Mit Sloan Management Review, 35-41.Chin, W. (1998). The partial least square approach to structural equation modelling. Mahawah, Estados Unidos: Lawrence Erlbaum.Cohen, W., & Levinthal, D. (1990). Absorptive capacity: a new perspective on learning and innovation. Administrative Science Quarterly, 35(1), 128-152.Dahlander L and Gann DM. (2010) How open is innovation? Research Policy 39 (6), 699-709.Daspit, J., Ramachandran, I., & D’Souza, D. (2014). TMT Shared Leadership and Firm Performance: Investigating the Mediating Role of Absorptive Capacity. Journal of Managerial Issues, 26(3), 219-239.Eisenhardt, K. M., & Martin, J. A. (2000). Dynamic capabilities: what are they? Strategic Management Journal, 21 (10-11), 1105-1121.Freel, M. S. (2005). Patterns of innovation and skills in small firms. Technovation, 25(2), 123-134.Gray, C. (2006). Absorptive capacity, knowledge management and innovation in entrepreneurial small firms. International Journal of Entrepreneurial Behavior & Research, 12(6), 345- 360.Haukipuro, L., Vainamo, S., & Hyrkas P. (2018). Innovation Instruments to Co-Create Needs-Based Solutions in a Living Lab. Technology Innovation Management Review, 8, 22-35.Hambrick, D.C. (2007). Upper echelons theory – an update. Academy of Management Review, 32(2), 334-343.Hambrick, D.C., & Mason, A. (1984). Upper echelons: the organization as a reflection of its top managers. Academy of Management Review, 9(2), 193-206.Henseler, J., Hubona, G., & Ray, P.A. (2016). Using PLS path modeling in new technology research: updated guidelines. Industrial Management and Data Systems, 116 (1), 2-20.Hossain, M., & Kauranen, I. (2016). Open innovation in SMEs: a systematic literature review. Journal of Strategy and Management, 9, 58-73.Jang H, Lee K., & Yoon B. (2017). Development of an open innovation model for R&D collaboration between large firms and small-medium enterprises (SMEs) in manufacturing industries. International Journal of Innovation Management 21 (1), 1-29.Knight, D., Pearce, C.L., Smith, K.G., Olian, J.D., Sims, H.P., Smith, K.A., & Flood, P. (1999). Top management team diversity, group process, and strategic consensus. Strategic Management Journal, 20(5), 445-458.Koryak, O., Lockett, A., Hayton, J., Nicolaou, N., & Mole, K. (2018). Disentangling the antecedents of ambidexterity: exploration and exploitation. Research Policy, 413-427.Leiponen, A. (2005). Skills and innovation. International Journal of Industrial Organization, 23(5), 303-323.Mathieu, J., Maynard, M. T., Rapp, T. L., & Gilson, L. (2008). Team Effectiveness 1997-2007: A Review of Recent Advancements and a Glimpse Into the Future. Journal of Management, 34(3), 410-476.Moretti, F., & Biancardi, D. (2020). Inbound open innovation and firm performance. Journal of Innovation & Knowledge, 5(1), 1-19.Morgan T., Anokhin SA., Song C., Chistyakova, N. (2019). The role of customer participation in building new product development speed capabilities in turbulent environments. International Entrepreneurship and Management Journal, 15, 119-133.Najar, T. and Dhaouadi, K. (2020), “Chief Executive Officer’s traits and open innovation in small and medium enterprises: the mediating role of innovation climate”, Journal of Small Business and Enterprise Development, 27(4), 607-631.Natalicchio, A., Messeni Petruzzelli, A., Cardinali, S., & Savino, T. (2018). Open innovation and the human resource dimension: An investigation into the Italian manufacturing sector. Management Decision, 56(6), 1271-1284.Nielsen, S. (2010). Top management team diversity: a review of theories and methodologies. International Journal of Management Reviews, 12(3), 301-316.OECD (2005). Oslo Manual: Guidelines for Collecting and Interpreting Innovation Data, 3rd ed.,OECD, Paris.OECD/CAF (2019). América Latina y el Caribe 2019: Políticas para PYMEs competitivas en la Alianza del Pacífico y países participantes de América del Sur. OECD Publishing, Paris.Röd, I. (2019). TMT diversity and innovation ambidexterity in family firms: The mediating role of open innovation breadth. Journal of Family Business Management, 9(4), 377-392.Romijn, H., & Albaladejo, M. (2002). Determinants of innovation capability in small electronics and software firms in southeast England. Research Policy, 31(7), 1053-1067.Souitaris, V. (2002). Firm-Specific Competencies Determining Technological Innovation: A Survey in Greece. R& D Management, 32(1), 61-77.Spithoven A, Vanhaverbeke W., & Roijakkers N. (2013). Open innovation practices in SMEs and large enterprises. Small Business Economics 41, 537-562.Tapscott, D. (2012). Succeeding through radical openness. Rotman Magazine Winter, 17-21.Tchuinou, C., Poulin, D., & Veilleux, S. (2021). 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