Industry 4.0 for Thai SMEs: Implementing Open Innovation as Innovation Capability Management
The challenges of cooperation and collaboration faced by small and medium-sized enterprises (SMEs) in Thailand require a specific approach to creating new shared value through innovation—open innovation is extensively applied. The purpose of this research is to shape the psychometric properties...
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Format: | Article |
Language: | English |
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Universitas Indonesia
2022-01-01
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Series: | International Journal of Technology |
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Online Access: | https://ijtech.eng.ui.ac.id/article/view/4746 |
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author | Phaninee Naruetharadhol Wutthiya A. Srisathan Nathatenee Gebsombut Peerapong Wongthahan Chavis Ketkaew |
author_facet | Phaninee Naruetharadhol Wutthiya A. Srisathan Nathatenee Gebsombut Peerapong Wongthahan Chavis Ketkaew |
author_sort | Phaninee Naruetharadhol |
collection | DOAJ |
description | The
challenges of cooperation and collaboration faced by small and medium-sized
enterprises (SMEs) in Thailand require a specific approach to creating new
shared value through innovation—open innovation is extensively applied. The
purpose of this research is to shape the psychometric properties of an Open Innovation
Implementation scale
that supports a four-dimensional factor model incorporating centralization,
knowledge management, the technology transfer evaluation process, and networks.
A sample of 373 SMEs was used for second-order analysis. The results provided
evidence indicating the significant relationship between shaping the concept of
Open Innovation Implementation (OII), implying that SMEs should therefore
consider the managerial and organizational dimensions of implementing open
innovation. In addition, our findings offer manufacturing SMEs the strategic
opportunity to innovate via interaction with relevant stakeholders, such as
industries, universities,
government, and customers/users, to stay competitive. |
first_indexed | 2024-04-11T03:54:36Z |
format | Article |
id | doaj.art-d6af0be6d64c46e386aef97773d0e3ce |
institution | Directory Open Access Journal |
issn | 2086-9614 2087-2100 |
language | English |
last_indexed | 2024-04-11T03:54:36Z |
publishDate | 2022-01-01 |
publisher | Universitas Indonesia |
record_format | Article |
series | International Journal of Technology |
spelling | doaj.art-d6af0be6d64c46e386aef97773d0e3ce2023-01-02T01:04:48ZengUniversitas IndonesiaInternational Journal of Technology2086-96142087-21002022-01-01131485710.14716/ijtech.v13i1.47464746Industry 4.0 for Thai SMEs: Implementing Open Innovation as Innovation Capability ManagementPhaninee Naruetharadhol0Wutthiya A. Srisathan1Nathatenee Gebsombut2Peerapong Wongthahan3Chavis Ketkaew41. International College, Khon Kaen University, 123 Mitrphap Rd., Muang, Khon Kaen, 40002 Thailand 2. Center for Sustainable Innovation and Society, Khon Kaen University, Khon Kaen, Thailand 400021. International College, Khon Kaen University, 123 Mitrphap Rd., Muang, Khon Kaen, 40002 Thailand 2. Center for Sustainable Innovation and Society, Khon Kaen University, Khon Kaen, Thailand 40002International College, Khon Kaen University, 123 Mitrphap Rd., Muang, Khon Kaen, 40002 ThailandInnovation and Applied Science division, International College, Khon Kaen University, 123 Mitrphap Rd., Muang, Khon Kaen, 40002 ThailandCenter for Sustainable Innovation and Society, Khon Kaen University, Khon Kaen, Thailand 40002The challenges of cooperation and collaboration faced by small and medium-sized enterprises (SMEs) in Thailand require a specific approach to creating new shared value through innovation—open innovation is extensively applied. The purpose of this research is to shape the psychometric properties of an Open Innovation Implementation scale that supports a four-dimensional factor model incorporating centralization, knowledge management, the technology transfer evaluation process, and networks. A sample of 373 SMEs was used for second-order analysis. The results provided evidence indicating the significant relationship between shaping the concept of Open Innovation Implementation (OII), implying that SMEs should therefore consider the managerial and organizational dimensions of implementing open innovation. In addition, our findings offer manufacturing SMEs the strategic opportunity to innovate via interaction with relevant stakeholders, such as industries, universities, government, and customers/users, to stay competitive.https://ijtech.eng.ui.ac.id/article/view/4746centralizationindustry 4.0innovation capability managementopen innovation implementation (oii)technology transfer evaluation process |
spellingShingle | Phaninee Naruetharadhol Wutthiya A. Srisathan Nathatenee Gebsombut Peerapong Wongthahan Chavis Ketkaew Industry 4.0 for Thai SMEs: Implementing Open Innovation as Innovation Capability Management International Journal of Technology centralization industry 4.0 innovation capability management open innovation implementation (oii) technology transfer evaluation process |
title | Industry 4.0 for Thai SMEs: Implementing Open Innovation as Innovation Capability Management |
title_full | Industry 4.0 for Thai SMEs: Implementing Open Innovation as Innovation Capability Management |
title_fullStr | Industry 4.0 for Thai SMEs: Implementing Open Innovation as Innovation Capability Management |
title_full_unstemmed | Industry 4.0 for Thai SMEs: Implementing Open Innovation as Innovation Capability Management |
title_short | Industry 4.0 for Thai SMEs: Implementing Open Innovation as Innovation Capability Management |
title_sort | industry 4 0 for thai smes implementing open innovation as innovation capability management |
topic | centralization industry 4.0 innovation capability management open innovation implementation (oii) technology transfer evaluation process |
url | https://ijtech.eng.ui.ac.id/article/view/4746 |
work_keys_str_mv | AT phanineenaruetharadhol industry40forthaismesimplementingopeninnovationasinnovationcapabilitymanagement AT wutthiyaasrisathan industry40forthaismesimplementingopeninnovationasinnovationcapabilitymanagement AT nathateneegebsombut industry40forthaismesimplementingopeninnovationasinnovationcapabilitymanagement AT peerapongwongthahan industry40forthaismesimplementingopeninnovationasinnovationcapabilitymanagement AT chavisketkaew industry40forthaismesimplementingopeninnovationasinnovationcapabilitymanagement |