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Sustainable Open Innovations
A major significant contribution of the open innovation paradigm is the ability or opportunity for firms to share knowledge and learn to improve on their innovative activities through sourcing of external knowledge or the utilization of the abundant pool of knowledge within the firm. This flow of the most important factor in the open knowledge economy, however, needs focus and institutional backing. Properly designed institutions induce innovation as a matter of competitive necessity. However, weak institutions make transactions within and across firms uncertain and costly, which restricts exchange possibilities.
2. Determinants of Sustainable Open Innovations—A Firm-Level Capacity Analysis
2.1. Inbound Open Innovation Instruments as Predictors of Firms’ Innovation
2.2. Institutional Quality Indicators and Their Role in Enhancing Firms’ Innovation
2.3. Influence of Institutional Quality on Firm Openness
2.4. Institutional Quality, Capacity Utilization, and Firm Innovation Performance
The entry is from 10.3390/su13169088
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