Open Innovation in SMEs: Evidence from the Colombian and European innovation survey

Abstract

SME open innovation has received limited attention, especially among SMEs. When it is analyzed in SMEs, it is mostly associated to new product development, overlooking the fact that process innovation is a strategy commonly pursued by SMEs that requires organizing search strategies or external knowledge sourcing for that purpose. Focusing on European firms (SEMs) and classifying for their technological innovation (product, process or product & process orientation), this project is devoted to the understanding of key external sources of SME innovation and also showing how open innovation is linked to SME performance. The results will contribute to the literature on SME open innovation.