The importance for a start-up to trust in open innovation: a systematic literature review

• Katia Mastrostefano ^[1] ; Gustavo Morales-Alonso ^[2] ; Marco Greco ^[1] ; Michele Grimaldi ^[1] ; Jose Antonio Blanco-Serrano ^[2]
  1. [1] University of Cassino and Southern Lazio

     University of Cassino and Southern Lazio

     Cassino, Italia

     
  2. [2] Universidad Politécnica de Madrid

     Universidad Politécnica de Madrid

     Madrid, España

     
• Localización: Economics and Business Letters, ISSN-e 2254-4380, Vol. 9, Nº. Extra 4, 2020 (Ejemplar dedicado a: Selected papers from CIO 2019 / 13th International Conference on Industrial Engineering and Industrial Management), págs. 289-297
• Idioma: inglés
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• Resumen

  • It has long been known that new firms are fundamental for economic growth. Starting new companies is one of the best ways to fight unemployment and to generate well-being. Therefore, attention is paid by the scientific community to start-ups, with particular empha-sis at how they generate, acquire and manage innovation. Initially, start-ups need to identify the resources necessary for innovation and later they will decide whether to develop them internally or acquire them externally. Being open to external sources is a crucial point for the success of new ventures; indeed, adopting Open Innovation processes allows start-ups to overcome their initial shortcomings. The goal of this research is to understand the literature status related to Open Innovation adoption by start-ups.