Open Innovation, a Tool for Globalization: The Case of South Korean SMEs

2019 Journal of Management Policy and Practice  
This study explores the phenomenon of open innovation in high tech Korean SMEs. Which mechanisms do lead SMEs to choose a specific model of innovation? The paper includes a literature review as well as an empirical study of internationalized SMEs, based on in-depth interviews, observations, and documents. Open innovation does not always constitute the best model of innovation solution for all SME. This paper proposes a model for assessing the fit between a company and the various models of
more » ... ation, and a strategic guide to design an innovation model for successful collaboration with the best partners.
doi:10.33423/jmpp.v20i2.2094 fatcat:vsobudocyfah3lwlbv5ioow22u