Open Innovation Approach for Small and Medium Enterprises: An Evidence from Indian Software Product Firms

Sumukh Hungund*, K. B. Kiran

*Corresponding author for this work

Research output: Chapter in Book/Report/Conference proceedingChapter

Abstract

The paper provides insights on open innovation practices adopted across the Indian software product Small and Medium Enterprises (SMEs). It explores the open innovation practices adopted by software product SMEs and the influence of these practices on the performance of the firm. The software product firms located in Bangalore are selected for the study. The framework developed is empirically tested on a sample of 213 software product companies located in Bangalore region. The results suggest that collaboratiosn practices of open innovation are widely adopted. Also, the open innovation model helps the firm to improve its overall performance and develop more products.

Original languageEnglish
Title of host publicationIn Search of Business Models in Social Entrepreneurship
Subtitle of host publicationConcepts and Cases
PublisherSpringer Singapore
Pages233-252
Number of pages20
ISBN (Electronic)9789811603907
ISBN (Print)9789811603891
DOIs
Publication statusPublished - 01-01-2021

All Science Journal Classification (ASJC) codes

  • Economics, Econometrics and Finance(all)
  • General Business,Management and Accounting
  • General Social Sciences
  • General Psychology

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