Open innovation in the food and beverage industry

Purpose: The aim of this paper is to extend our knowledge into the relationship between open innovation and firm innovative performance. Specifically, we aim to determine whether the benefits of OI practices are different for Food and Beverage (FnB) firms as compared to those of other sectors. The F...

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Bibliographic Details
Authors: Bayona Sáez, Cristina; Cruz Cázares, Claudio; García-Marco, Teresa; Sánchez-García, Mercedes
Format: Article
Status:Accepted version
Publication date:2017
Country:España
Institution:Varias* (Consorci de Biblioteques Universitáries de Catalunya, Centre de Serveis Científics i Acadèmics de Catalunya)
Repository:Recercat. Dipósit de la Recerca de Catalunya
OAI Identifier:oai:recercat.cat:2445/123424
Online Access:https://hdl.handle.net/2445/123424
Access Level:Open access
Keyword:Recerca industrial
Gestió de la innovació
Recerca
Anàlisi de dades de panel
Indústria alimentària
Industrial research
Innovation management
Research
Panel analysis
Food industry
Description
Summary:Purpose: The aim of this paper is to extend our knowledge into the relationship between open innovation and firm innovative performance. Specifically, we aim to determine whether the benefits of OI practices are different for Food and Beverage (FnB) firms as compared to those of other sectors. The FnB industry is relevant in terms of employment GDP generation in the UE, characterised by high integration and low-tech intensity. Methodology: In order to achieve our goal and obtain robust results, we consider four open innovation dimensions and four innovation performance measures using panel data (2004-2011) from 10,771 FnB and non-FnB firms using Tobit and Logit models with random effects. Findings: We test and confirm the presence of the classical inverted U-shape relationship between OI and firm innovative performance for FnB and non-FnB companies. However, the optimal number of external sources of knowledge used is lesser for FnB than the rest of the companies. Originality: The article compares the OI effects in a traditional and low-tech industry vs other industries considering four innovation outputs (product innovations, process innovations, incremental and radical innovation).