The Impact of Open Innovation Preparation on Organizational Performance: A Systematic Literature Review

Open innovation involves external parties of the organization in innovation activities within the organization, resulting in the flow of knowledge and information internally and externally (inbound and outbound). Given the advantages of having external support in the internal innovation process, org...

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Main Authors: Augustina Asih Rumanti, Afrin Fauzya Rizana, Fadillah Ramadhan, Rocky Reynaldo
Format: Article
Language:English
Published: IEEE 2021-01-01
Series:IEEE Access
Subjects:
Online Access:https://ieeexplore.ieee.org/document/9531616/
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author Augustina Asih Rumanti
Afrin Fauzya Rizana
Fadillah Ramadhan
Rocky Reynaldo
author_facet Augustina Asih Rumanti
Afrin Fauzya Rizana
Fadillah Ramadhan
Rocky Reynaldo
author_sort Augustina Asih Rumanti
collection DOAJ
description Open innovation involves external parties of the organization in innovation activities within the organization, resulting in the flow of knowledge and information internally and externally (inbound and outbound). Given the advantages of having external support in the internal innovation process, organizations are starting to adopt the open innovation model to help them achieve and sustain innovation. The parties involved in open innovation are suppliers, consumers, competitors, and society. Such involvement will increase the organization’s ability to achieve better performance. This study aims to provide a more updated, comprehensive, and clearer picture of the importance of organizational readiness to innovate, especially through open innovation. This study also seeks to present a more comprehensive identification of the impact of open innovation on company performance by using a systematic literature study. The systematic literature review conducted in this study can serve as a basis for future research that discusses policy strategies to improve organizational performance through the implementation of open innovation. Based on a systematic literature review, 33 main articles were obtained in accordance with the research objectives including different types of open innovation manifestations and specific open innovation practices implemented by organizations.
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spelling doaj.art-caa4294e7f2e4b518e5c982f2bce147a2022-12-21T22:30:47ZengIEEEIEEE Access2169-35362021-01-01912695212696610.1109/ACCESS.2021.31110919531616The Impact of Open Innovation Preparation on Organizational Performance: A Systematic Literature ReviewAugustina Asih Rumanti0https://orcid.org/0000-0002-2825-8893Afrin Fauzya Rizana1Fadillah Ramadhan2Rocky Reynaldo3Department of Industrial Engineering, Telkom University, West Java, Bandung, IndonesiaDepartment of Industrial Engineering, Telkom University, West Java, Bandung, IndonesiaDepartment of Industrial Engineering, Institut Teknologi Nasional, West Java, Bandung, IndonesiaFaculty of Business and Economics, The University of Melbourne, Melbourne, VIC, AustraliaOpen innovation involves external parties of the organization in innovation activities within the organization, resulting in the flow of knowledge and information internally and externally (inbound and outbound). Given the advantages of having external support in the internal innovation process, organizations are starting to adopt the open innovation model to help them achieve and sustain innovation. The parties involved in open innovation are suppliers, consumers, competitors, and society. Such involvement will increase the organization’s ability to achieve better performance. This study aims to provide a more updated, comprehensive, and clearer picture of the importance of organizational readiness to innovate, especially through open innovation. This study also seeks to present a more comprehensive identification of the impact of open innovation on company performance by using a systematic literature study. The systematic literature review conducted in this study can serve as a basis for future research that discusses policy strategies to improve organizational performance through the implementation of open innovation. Based on a systematic literature review, 33 main articles were obtained in accordance with the research objectives including different types of open innovation manifestations and specific open innovation practices implemented by organizations.https://ieeexplore.ieee.org/document/9531616/Open innovationorganizational performancesystematic literature review
spellingShingle Augustina Asih Rumanti
Afrin Fauzya Rizana
Fadillah Ramadhan
Rocky Reynaldo
The Impact of Open Innovation Preparation on Organizational Performance: A Systematic Literature Review
IEEE Access
Open innovation
organizational performance
systematic literature review
title The Impact of Open Innovation Preparation on Organizational Performance: A Systematic Literature Review
title_full The Impact of Open Innovation Preparation on Organizational Performance: A Systematic Literature Review
title_fullStr The Impact of Open Innovation Preparation on Organizational Performance: A Systematic Literature Review
title_full_unstemmed The Impact of Open Innovation Preparation on Organizational Performance: A Systematic Literature Review
title_short The Impact of Open Innovation Preparation on Organizational Performance: A Systematic Literature Review
title_sort impact of open innovation preparation on organizational performance a systematic literature review
topic Open innovation
organizational performance
systematic literature review
url https://ieeexplore.ieee.org/document/9531616/
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