The influence of open innovation practices on business performance in Mexican family and non-family SMEs

Marisela-Yazmín García-Vidales; Gonzalo Maldonado-Guzmán; Sandra-Yesenia  Pinzón-Castro

doi:10.18046/j.estger.2019.153.3202

Authors

Marisela-Yazmín García-Vidales Estudiante, Doctorado en Ciencias Administrativas, Centro de Ciencias Económicas y Administrativas, Universidad Autónoma de Aguascalientes, Aguas- calientes, México. https://orcid.org/0000-0002-8096-4437
Gonzalo Maldonado-Guzmán Secretario de Investigación y Posgrado, Centro de Ciencias Económicas y Administrativas, Universidad Autónoma de Aguascalientes, Aguascalientes, México.
Sandra-Yesenia Pinzón-Castro Decana, Centro de Ciencias Económicas y Administrativas, Universidad Autónoma de Aguascalientes, Aguascalientes, México.

DOI:

https://doi.org/10.18046/j.estger.2019.153.3202

Keywords:

Open innovation, inbound, outbound, business performance, family firms, non-family firms

Abstract

Open innovation has emerged as a topic of great importance due to the recognized benefits that it brings to the company's business performance; however, it has been sparsely addressed in SMEs from developing countries. Therefore, this study aims to analyze and discuss the relationship between open innovation and business performance in family and non-family SMEs in Mexico. A survey-based study was carried out on a sample of 308 firms. Following this, the data was analyzed through a structural equation model. The results show that for these companies, the outflow and especially the inflow of external knowledge exert a positive influence on business performance.

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