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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Main Authors: Phaninee Naruetharadhol, Wutthiya A. Srisathan, Nathatenee Gebsombut, Peerapong Wongthahan, Chavis Ketkaew
Format: Article
Language:English
Published: Universitas Indonesia 2022-01-01
Series:International Journal of Technology
Subjects:
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.
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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
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AT wutthiyaasrisathan industry40forthaismesimplementingopeninnovationasinnovationcapabilitymanagement
AT nathateneegebsombut industry40forthaismesimplementingopeninnovationasinnovationcapabilitymanagement
AT peerapongwongthahan industry40forthaismesimplementingopeninnovationasinnovationcapabilitymanagement
AT chavisketkaew industry40forthaismesimplementingopeninnovationasinnovationcapabilitymanagement