%0 Journal Article
%A Carmona-Lavado, Antonio
%A Cuevas Rodríguez, Gloria
%A Cabello-Medina, Carmen
%A Fedriani, Eugenio M.
%T Does open innovation always work? The role of complementary assets
%D 2021
%U https://hdl.handle.net/10433/19624
%X The aim of this research is twofold: first, to identify Open Innovation (OI) configurations, and second, to analyze which configurations are associated with a high, and which with a low, OI performance. Using a configurational approach (involving complementarity and equifinality), we propose that firms use different OI configurations, by combining three openness practices (high number of alliances, partner diversity, and external R&D) and four complementary organizational assets (human capital, alliance coordination capabilities, inter-organizational learning capabilities, and patenting orientation), and that such configurations affect OI performance. We conducted a survey study on the Spanish biotech industry. A sample of 75 companies was analyzed using fuzzy-set qualitative comparative analysis (fsQCA). The results revealed seven high-performing configurations and six low-performing configurations. Configurations combining one or more OI practices and complementary organizational assets achieved a high OI performance, while open configurations lacking the necessary organizational assets were not successful. Closed configurations also performed poorly. The theoretical and managerial implications are discussed.
%K Open innovation
%K R&D
%K Human capital
%K Alliance coordination capabilities
%K Inter-organizational learning capabilities
%K Patenting orientation
%~